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.
6 permits on record since 2020 · $75K total declared value · Most recent: May 2025 (res)
Hero Home Services LLC
BUILT STRONG EXTERIORS LLC
Standard Heating and Air Conditioning Inc
JCJ CONSTRUCTION INC
Mike Larson Master Plumber Inc
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 1,800 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3446 11TH AVE S MINNEAPOLIS MN 55407 | MARCIA HOOVER & KIM HOOVER | RESIDENTIAL-TWO UNIT | $371,800 | 46 ft |
| 3454 11TH AVE S MINNEAPOLIS MN 55407 | J VERBEKE & T VERBEKE | RESIDENTIAL | $391,200 | 52 ft |
| 1012 35TH ST E MINNEAPOLIS MN 55407 | RIVER LORD | RESIDENTIAL | $330,000 | 66 ft |
| 3442 11TH AVE S MINNEAPOLIS MN 55407 | M C GREENMAN & M J KEHOE | RESIDENTIAL | $414,200 | 85 ft |
| 1010 35TH ST E MINNEAPOLIS MN 55407 | HOLLY JEAN DUGAL | RESIDENTIAL | $215,600 | 119 ft |
| 3438 11TH AVE S MINNEAPOLIS MN 55407 | J B MCLAIN & K H MCLAIN | RESIDENTIAL-TWO UNIT | $422,800 | 125 ft |
| 3451 10TH AVE S MINNEAPOLIS MN 55407 | ANDREW CHARON/BRIDGET CHARON | RESIDENTIAL | $374,300 | 154 ft |
| 1006 35TH ST E MINNEAPOLIS MN 55407 | LEIF CARLSON & LARS CARLSON | RESIDENTIAL | $222,300 | 155 ft |
| 3447 10TH AVE S MINNEAPOLIS MN 55407 | N LETHERT & E WELCH | RESIDENTIAL | $382,900 | 161 ft |
| 3434 11TH AVE S MINNEAPOLIS MN 55407 | E A BIRD/E H BIRD/J W BIRD | RESIDENTIAL-TWO UNIT | $372,400 | 164 ft |
Most Recent Sale
Current Tax Year