Within the 38th Street Cultural District — eligible for Great Streets priority financing and cultural district-specific CPED programs.
Minneapolis — Cultural Districts ↗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 ↗Signals are based on public datasets; program eligibility requires verification.
4 permits on record since 2024 · Most recent: May 2024 (res)
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 1097
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 3,502 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3724 15TH AVE S MINNEAPOLIS MN 55407 | PAUL LAI | RESIDENTIAL | $359,600 | 50 ft |
| 3732 15TH AVE S MINNEAPOLIS MN 55407 | LINDSEY J OLSEN | RESIDENTIAL | $367,200 | 50 ft |
| 3720 15TH AVE S MINNEAPOLIS MN 55407 | A SAGAL & K L SAGAL | RESIDENTIAL | $247,900 | 100 ft |
| 3736 15TH AVE S MINNEAPOLIS MN 55407 | EMILY RAEANN SMITH ET AL | RESIDENTIAL | $247,800 | 100 ft |
| 3731 14TH AVE S MINNEAPOLIS MN 55407 | JESSE T GOIN | RESIDENTIAL | $279,900 | 140 ft |
| 3727 14TH AVE S MINNEAPOLIS MN 55407 | J L SISSON & B T DALY | RESIDENTIAL | $306,000 | 141 ft |
| 3740 15TH AVE S MINNEAPOLIS MN 55407 | J T MARTIN & G R MARTIN | RESIDENTIAL | $323,900 | 148 ft |
| 3733 14TH AVE S MINNEAPOLIS MN 55407 | JASON E & TANYA COOK | RESIDENTIAL | $379,400 | 149 ft |
| 3716 15TH AVE S MINNEAPOLIS MN 55407 | SALLY M GORDON | RESIDENTIAL | $233,000 | 150 ft |
| 3725 14TH AVE S MINNEAPOLIS MN 55407 | JULIANE MARIE RATHMANN | RESIDENTIAL | $275,000 | 154 ft |
Most Recent Sale
Current Tax Year