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 ↗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 ↗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.
No permits found in Minneapolis open data for this parcel.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 82
Zip code 55408
Source: Redfin Data Center (Invalid Date) · Zip 55408
Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.
Most Recent Sale
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3018 PILLSBURY AVE MINNEAPOLIS MN 55408 | VILLA NOVA PRESERVATN JV LLC | APARTMENT | $1,057,000 | 47 ft |
| 3024 PILLSBURY AVE MINNEAPOLIS MN 55408 | VILLA NOVA PRESERVATN JV LLC | APARTMENT | $1,057,000 | 47 ft |
| 3012 PILLSBURY AVE MINNEAPOLIS MN 55408 | 201 W LAKE ST LLC | COMMERCIAL-PREFERRED | $581,000 | 94 ft |
| 3032 PILLSBURY AVE MINNEAPOLIS MN 55408 | VILLA NOVA PRESERVATN JV LLC | APARTMENT | $1,723,000 | 117 ft |
| 3008 PILLSBURY AVE MINNEAPOLIS MN 55408 | 201 W LAKE ST LLC | COMMERCIAL-PREFERRED | $568,000 | 141 ft |
| 3019 PLEASANT AVE MINNEAPOLIS MN 55408 | VILLA NOVA PRESERVATN JV LLC | APARTMENT | $1,057,000 | 184 ft |
| 3004 PILLSBURY AVE MINNEAPOLIS MN 55408 | 201 W LAKE ST LLC | COMMERCIAL-PREFERRED | $505,000 | 188 ft |
| 3036 PILLSBURY AVE MINNEAPOLIS MN 55408 | SIYAT A. ABDULLAHI | VACANT LAND-APARTMENT | $137,500 | 188 ft |
| 3015 PLEASANT AVE MINNEAPOLIS MN 55408 | MARIA MOROCHO | RESIDENTIAL | $280,900 | 190 ft |
| 3023 PLEASANT AVE MINNEAPOLIS MN 55408 | VILLA NOVA PRESERVATN JV LLC | APARTMENT | $1,057,000 | 190 ft |