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 ↗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.
2 permits on record since 2018 · $18K total declared value · Most recent: Mar 2024 (misc)
KEYPRIME ROOFING AND REMODELING
LIBERTE CONSTRUCTION LLC
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
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 2,536 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3427 ELLIOT AVE MINNEAPOLIS MN 55407 | M BUCKLEY-FARLEE & M MULLENS | RESIDENTIAL | $331,200 | 40 ft |
| 3419 ELLIOT AVE MINNEAPOLIS MN 55407 | ELIZABETH MULLEN | RESIDENTIAL | $343,500 | 40 ft |
| 3431 ELLIOT AVE MINNEAPOLIS MN 55407 | R E GENDLER & M S STONE | RESIDENTIAL-TWO UNIT | $372,900 | 80 ft |
| 3415 ELLIOT AVE MINNEAPOLIS MN 55407 | CLAIRSON DUTRA | RESIDENTIAL | $274,200 | 81 ft |
| 3435 ELLIOT AVE MINNEAPOLIS MN 55407 | DELIGHTFUL STORIES LLC | RESIDENTIAL | $303,100 | 120 ft |
| 3411 ELLIOT AVE MINNEAPOLIS MN 55407 | REX L ROGERS | RESIDENTIAL-TWO UNIT | $400,800 | 123 ft |
| 3422 10TH AVE S MINNEAPOLIS MN 55407 | MARTHA M NODARSE | RESIDENTIAL | $330,000 | 139 ft |
| 3416 10TH AVE S MINNEAPOLIS MN 55407 | VERONICA MASON | RESIDENTIAL | $450,000 | 145 ft |
| 3426 10TH AVE S MINNEAPOLIS MN 55407 | JEANNE M BARKEY | RESIDENTIAL | $342,600 | 145 ft |
| 3412 10TH AVE S MINNEAPOLIS MN 55407 | J PALOKANGAS & D SARKIAHO | RESIDENTIAL-TWO UNIT | $453,400 | 160 ft |
Most Recent Sale
Current Tax Year