Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.
Minneapolis — Affordable Housing Trust Fund ↗Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.
HUD — LIHTC Qualified Census Tracts ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.
Minneapolis Great Streets — Gap Financing ↗Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.
HUD — LIHTC Qualified Census Tracts ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗Signals are based on public datasets; program eligibility requires verification.
1 permit on record since 2025 · Most recent: Jan 2025 (commercial minor)
All Ways Drains Ltd
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Powderhorn Park · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 85
Zip code 55407
Source: Redfin Data Center (Invalid Date) · Zip 55407
Urban Neighborhood 2 — moderate-density residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 6,693 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3410 10TH AVE S MINNEAPOLIS MN 55407 | B A HONADEL & S H HONADEL | RESIDENTIAL | $354,900 | 65 ft |
| 3412 10TH AVE S MINNEAPOLIS MN 55407 | J PALOKANGAS & D SARKIAHO | RESIDENTIAL-TWO UNIT | $453,400 | 105 ft |
| 3405 ELLIOT AVE MINNEAPOLIS MN 55407 | A TINBERG & G M WACHUTKA | APARTMENT | $422,000 | 140 ft |
| 3401 ELLIOT AVE MINNEAPOLIS MN 55407 | PAINTED TURTLES LLC | APARTMENT | $384,000 | 142 ft |
| 3416 10TH AVE S MINNEAPOLIS MN 55407 | VERONICA MASON | RESIDENTIAL | $450,000 | 146 ft |
| 3411 ELLIOT AVE MINNEAPOLIS MN 55407 | REX L ROGERS | RESIDENTIAL-TWO UNIT | $400,800 | 152 ft |
| 3415 ELLIOT AVE MINNEAPOLIS MN 55407 | CLAIRSON DUTRA | RESIDENTIAL | $274,200 | 174 ft |
| 3422 10TH AVE S MINNEAPOLIS MN 55407 | MARTHA M NODARSE | RESIDENTIAL | $330,000 | 186 ft |
| 3419 ELLIOT AVE MINNEAPOLIS MN 55407 | ELIZABETH MULLEN | RESIDENTIAL | $343,500 | 200 ft |
| 3426 10TH AVE S MINNEAPOLIS MN 55407 | JEANNE M BARKEY | RESIDENTIAL | $342,600 | 226 ft |
Most Recent Sale
Current Tax Year