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.
4 permits on record since 2017 · Most recent: Apr 2026 (existres)
Standard Heating and Air Conditioning Inc
BONFES PLUMBING HEATING AND AIR SERVICE INC
BONFES PLUMBING HEATING AND AIR SERVICE INC
TEAM MECHANICAL 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 3 — medium-density residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Lot dimensions are insufficient for the standard setbacks shown.
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 2,045 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3405 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | ANDREW LUTZ & NIKKI HAUSAUER | RESIDENTIAL | $254,400 | 40 ft |
| 3409 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | BENSON BENSON/THERESA BENSON | RESIDENTIAL | $314,200 | 80 ft |
| 3413 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | ANGELA ELISE MAKI NORTH | RESIDENTIAL | $224,900 | 120 ft |
| 3347 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | MELISSA KATHERINE LE | RESIDENTIAL | $288,000 | 125 ft |
| 3400 16TH AVE S MINNEAPOLIS MN 55407 | M O BAUMAN & K J PETERSON | RESIDENTIAL | $320,500 | 136 ft |
| 3404 16TH AVE S MINNEAPOLIS MN 55407 | RALPH E LUNDBERG ETAL | RESIDENTIAL | $298,500 | 142 ft |
| 3408 16TH AVE S MINNEAPOLIS MN 55407 | DEANNE C REINHART | RESIDENTIAL | $282,500 | 158 ft |
| 3417 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | KATIE BURGESS | RESIDENTIAL | $305,300 | 160 ft |
| 3341 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | MILTON R S YUQUILIMA ET AL | RESIDENTIAL-TWO UNIT | $466,300 | 177 ft |
| 3412 16TH AVE S MINNEAPOLIS MN 55407 | LUCY M SLATER | RESIDENTIAL | $481,000 | 182 ft |
Most Recent Sale
Current Tax Year