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.
6 permits on record since 2017 · $32K total declared value · Most recent: Nov 2024 (existres)
TEAM MECHANICAL INC
BUILT STRONG EXTERIORS LLC
BOEHM HEATING
BOEHM HEATING
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 2 — moderate-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 2,243 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3405 15TH AVE S MINNEAPOLIS MN 55407 | LYDA PULESTON | APARTMENT | $507,000 | 57 ft |
| 3345 15TH AVE S MINNEAPOLIS MN 55407 | JOHN B REEVES | RESIDENTIAL-TWO UNIT | $313,800 | 120 ft |
| 3411 15TH AVE S MINNEAPOLIS MN 55407 | HADA PROPERTIES LLC | APARTMENT | $717,000 | 120 ft |
| 3400 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | 3400 BLOOMINGTON LLC | COMMERCIAL-PREFERRED | $300,000 | 136 ft |
| 3404 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | A L FLADEBOE/J S FITZWILLIAM | RESIDENTIAL | $366,000 | 144 ft |
| 3343 15TH AVE S MINNEAPOLIS MN 55407 | SEMMENS PROPERTIES LLC | APARTMENT | $514,000 | 159 ft |
| 3415 15TH AVE S MINNEAPOLIS MN 55407 | BARBARA A KUMMER | RESIDENTIAL | $235,300 | 170 ft |
| 3346 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | BETH FOREST | RESIDENTIAL | $201,500 | 180 ft |
| 3412 BLOOMINGTON AVE MINNEAPOLIS MN 55407 | BLOOMINGTON SQUARE APT LLC | APARTMENT | $1,956,000 | 182 ft |
| 3339 15TH AVE S MINNEAPOLIS MN 55407 | W A PARK & P L PARK | RESIDENTIAL | $344,100 | 199 ft |
Most Recent Sale
Current Tax Year