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.
1 permit on record since 2025 · Most recent: Oct 2025 (res)
Flare Heating & Air Conditioning, 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 1086
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 2,877 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3409 17TH AVE S MINNEAPOLIS MN 55407 | JESSICA D FLANNIGAN | RESIDENTIAL-TWO UNIT | $265,200 | 45 ft |
| 3417 17TH AVE S MINNEAPOLIS MN 55407 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 46 ft |
| 3405 17TH AVE S MINNEAPOLIS MN 55407 | K J RODAHL & A SEXTON | RESIDENTIAL-TWO UNIT | $362,600 | 90 ft |
| 3421 17TH AVE S MINNEAPOLIS MN 55407 | BRIANNA R TINJUM | RESIDENTIAL | $278,400 | 91 ft |
| 3412 18TH AVE S MINNEAPOLIS MN 55407 | P A SHIMKUS & F S SHIMKUS JR | RESIDENTIAL | $290,800 | 134 ft |
| 3425 17TH AVE S MINNEAPOLIS MN 55407 | KASEY L ROSS | RESIDENTIAL | $221,900 | 136 ft |
| 3401 17TH AVE S MINNEAPOLIS MN 55407 | W J GATTON & D A HOLMES JR | TRIPLEX | $597,800 | 136 ft |
| 1711 34TH ST E MINNEAPOLIS MN 55407 | CITY OF LAKES COMM LAND TRST | — | $156,100 | 140 ft |
| 3408 18TH AVE S MINNEAPOLIS MN 55407 | AVRAM LEIERWOOD ET AL | RESIDENTIAL-TWO UNIT | $318,500 | 141 ft |
| 3416 18TH AVE S MINNEAPOLIS MN 55407 | GLORIA E BUSBEY | RESIDENTIAL | $235,000 | 142 ft |
Most Recent Sale
Current Tax Year