ParcelLens
Property Intelligence · Twin Cities
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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 ↗Signals are based on public datasets; program eligibility requires verification.
2 permits on record since 2024 · $18K total declared value · Most recent: Nov 2025 (existres)
Schwantes Heating and Air
KAUFMAN SHEET METAL ROOFING 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 2,468 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3449 16TH AVE S MINNEAPOLIS MN 55407 | K S JOHNSTAD & W H RICHMOND | RESIDENTIAL | $353,700 | 40 ft |
| 3441 16TH AVE S MINNEAPOLIS MN 55407 | GLEN E INGRAM | RESIDENTIAL-TWO UNIT | $359,500 | 40 ft |
| 3453 16TH AVE S MINNEAPOLIS MN 55407 | CHRIS DUREN | RESIDENTIAL-TWO UNIT | $320,300 | 80 ft |
| 3437 16TH AVE S MINNEAPOLIS MN 55407 | I G & E R NEWBRE | RESIDENTIAL | $171,200 | 80 ft |
| 3457 16TH AVE S MINNEAPOLIS MN 55407 | E M JIMENEZ & A JIMENEZ | RESIDENTIAL | $186,800 | 115 ft |
| 3433 16TH AVE S MINNEAPOLIS MN 55407 | R COOPER & M VUJNOVICH TRUST | RESIDENTIAL | $299,200 | 120 ft |
| 3444 17TH AVE S MINNEAPOLIS MN 55407 | D J & M L GROOS | RESIDENTIAL | $306,700 | 136 ft |
| 3438 17TH AVE S MINNEAPOLIS MN 55407 | J FIELDSTROM & K FIELDSTROM | RESIDENTIAL-TWO UNIT | $474,800 | 141 ft |
| 3448 17TH AVE S MINNEAPOLIS MN 55407 | JOSHUA O'TOOL/JESSICA O'TOOL | RESIDENTIAL | $300,400 | 144 ft |
| 3436 17TH AVE S MINNEAPOLIS MN 55407 | MARGARET WOOD | RESIDENTIAL | $171,800 | 157 ft |
Most Recent Sale
Current Tax Year