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: Sep 2022 (res)
CENTERPOINT ENERGY
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 3 — medium-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 2,452 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3441 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | DAVID P SCHMITZ | RESIDENTIAL | $277,600 | 40 ft |
| 3433 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | C N HINK & K D HINK | RESIDENTIAL | $287,200 | 40 ft |
| 3445 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | ABAS OMAR & ANIS OMAR | RESIDENTIAL | $300,500 | 80 ft |
| 3429 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | LAURENCE WHITEN | RESIDENTIAL | $201,700 | 80 ft |
| 3449 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | LA ALBORADA HOLDINGS LLC | COMMERCIAL-PREFERRED | $434,000 | 120 ft |
| 3425 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | J P LABEAUX & C RYAN | RESIDENTIAL | $268,900 | 120 ft |
| 3436 16TH AVE S MINNEAPOLIS MN 55407 | ROBERTA A CARLSON | RESIDENTIAL | $228,400 | 136 ft |
| 3432 16TH AVE S MINNEAPOLIS MN 55407 | CITY/LAKES COMMUNITY LAND TR | — | $232,700 | 141 ft |
| 3440 16TH AVE S MINNEAPOLIS MN 55407 | MORIAH BRIERLEY | RESIDENTIAL | $367,300 | 142 ft |
| 3428 16TH AVE S MINNEAPOLIS MN 55407 | BETTY ANN DEFIEBRE | RESIDENTIAL | $370,800 | 157 ft |
Most Recent Sale
Current Tax Year