ParcelLens
Property Intelligence · Twin Cities
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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 ↗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.
4 permits on record since 2018 · Most recent: Apr 2024 (existres)
HomeWorks Services LLC
CenterPoint Energy Resource Corp
HomeWorks Services LLC
Linn Star Transfer 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 2,450 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3444 16TH AVE S MINNEAPOLIS MN 55407 | M J DEMBOVSKY SR ET AL | RESIDENTIAL | $280,700 | 40 ft |
| 3452 16TH AVE S MINNEAPOLIS MN 55407 | SCOTT HARRIS & RUTH HARRIS | RESIDENTIAL | $250,400 | 40 ft |
| 3456 16TH AVE S MINNEAPOLIS MN 55407 | P F & M J NIELSEN | RESIDENTIAL | $165,900 | 75 ft |
| 3440 16TH AVE S MINNEAPOLIS MN 55407 | MORIAH BRIERLEY | RESIDENTIAL | $367,300 | 80 ft |
| 3436 16TH AVE S MINNEAPOLIS MN 55407 | ROBERTA A CARLSON | RESIDENTIAL | $228,400 | 120 ft |
| 3449 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | LA ALBORADA HOLDINGS LLC | COMMERCIAL-PREFERRED | $434,000 | 135 ft |
| 3453 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | LA ALBORADA HOLDINGS LLC | COMMERCIAL-PREFERRED | $630,000 | 141 ft |
| 3445 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | ABAS OMAR & ANIS OMAR | RESIDENTIAL | $300,500 | 141 ft |
| 1532 35TH ST E MINNEAPOLIS MN 55407 | LA ALBORADA HOLDINGS LLC | RESIDENTIAL | $583,000 | 154 ft |
| 3441 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | DAVID P SCHMITZ | RESIDENTIAL | $277,600 | 158 ft |
Most Recent Sale
Current Tax Year