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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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 ↗Signals are based on public datasets; program eligibility requires verification.
6 permits on record since 2023 · Most recent: Oct 2023 (res)
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
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 1086
Zip code 55407
Source: Redfin Data Center (Invalid Date) · Zip 55407
Urban Neighborhood 2 — moderate-density residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 2,404 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3405 18TH AVE S MINNEAPOLIS MN 55407 | LAUREN RICHARDS/MARK WARREN | RESIDENTIAL | $377,200 | 43 ft |
| 3409 18TH AVE S MINNEAPOLIS MN 55407 | DELANI SEVIER ALTUS | RESIDENTIAL | $235,000 | 89 ft |
| 3337 18TH AVE S MINNEAPOLIS MN 55407 | AANDRA ERIKSON | RESIDENTIAL | $232,400 | 134 ft |
| 3400 CEDAR AVE S MINNEAPOLIS MN 55407 | WILDE ESTATES LLC | RESIDENTIAL-TWO UNIT | $658,000 | 135 ft |
| 3415 18TH AVE S MINNEAPOLIS MN 55407 | JASON UMENTUM | RESIDENTIAL | $372,800 | 135 ft |
| 1810 34TH ST E MINNEAPOLIS MN 55407 | N T WARRINER & R M WARRINER | RESIDENTIAL | $222,700 | 136 ft |
| 3404 CEDAR AVE S MINNEAPOLIS MN 55407 | FLORAL LLC | COMMERCIAL-PREFERRED | $342,000 | 142 ft |
| 3408 CEDAR AVE S MINNEAPOLIS MN 55407 | GENARO MARCATOMA | COMMERCIAL-PREFERRED | $321,000 | 161 ft |
| 3338 CEDAR AVE S MINNEAPOLIS MN 55407 | L H POMAQUIZA & D GALLARDO | RESIDENTIAL-TWO UNIT | $325,400 | 178 ft |
| 3417 18TH AVE S MINNEAPOLIS MN 55407 | J BOLLES & L BEAUPRE | RESIDENTIAL | $305,300 | 180 ft |
Most Recent Sale
Current Tax Year