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.
1 permit on record since 2022 · Most recent: May 2022 (res)
CenterPoint Energy Resource Corp
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 2,470 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3417 16TH AVE S MINNEAPOLIS MN 55407 | BRENDA L DEGE | RESIDENTIAL | $376,000 | 40 ft |
| 3409 16TH AVE S MINNEAPOLIS MN 55407 | LINDA R HAFEMEISTER | RESIDENTIAL | $370,900 | 40 ft |
| 3405 16TH AVE S MINNEAPOLIS MN 55407 | S B ELLSTRA & C M ELLSTRA | RESIDENTIAL | $356,500 | 78 ft |
| 3421 16TH AVE S MINNEAPOLIS MN 55407 | MARIA KAEFER | RESIDENTIAL | $344,400 | 80 ft |
| 3401 16TH AVE S MINNEAPOLIS MN 55407 | BRUCE OWNBEY | RESIDENTIAL | $628,000 | 116 ft |
| 3425 16TH AVE S MINNEAPOLIS MN 55407 | DOROTHY M BERNAS | RESIDENTIAL | $279,700 | 121 ft |
| 3412 17TH AVE S MINNEAPOLIS MN 55407 | NOAH EXUM | RESIDENTIAL | $228,200 | 136 ft |
| 3408 17TH AVE S MINNEAPOLIS MN 55407 | ROBIN A BRANDT | RESIDENTIAL | $276,100 | 141 ft |
| 3416 17TH AVE S MINNEAPOLIS MN 55407 | W J BAJUSCIK & L S ROBINSON | RESIDENTIAL | $229,400 | 142 ft |
| 1611 34TH ST E MINNEAPOLIS MN 55407 | N ADELMAN & A ADELMAN | RESIDENTIAL | $282,000 | 151 ft |
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