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 ↗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.
1 permit on record since 2012 · $51K total declared value · Most recent: Mar 2012 (building re-inspection)
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 |
| 3008 PILLSBURY AVE MINNEAPOLIS MN 55408 | 201 W LAKE ST LLC | COMMERCIAL-PREFERRED | $568,000 | 47 ft |
| 3020 PILLSBURY AVE MINNEAPOLIS MN 55408 | VILLA NOVA PRESERVATN JV LLC | APARTMENT | $1,057,000 | 94 ft |
| 3004 PILLSBURY AVE MINNEAPOLIS MN 55408 | 201 W LAKE ST LLC | COMMERCIAL-PREFERRED | $505,000 | 94 ft |
| 201 LAKE ST W MINNEAPOLIS MN 55408 | 201 W LAKE ST LLC | COMMERCIAL-PREFERRED | $956,000 | 141 ft |
| 3024 PILLSBURY AVE MINNEAPOLIS MN 55408 | VILLA NOVA PRESERVATN JV LLC | APARTMENT | $1,057,000 | 141 ft |
| 3015 PLEASANT AVE MINNEAPOLIS MN 55408 | MARIA MOROCHO | RESIDENTIAL | $280,900 | 190 ft |
| 221 LAKE ST W MINNEAPOLIS MN 55408 | GHASSAN BSHARAT | COMMERCIAL-PREFERRED | $1,200,000 | 197 ft |
| 3013 PILLSBURY AVE MINNEAPOLIS MN 55408 | THONG ANH CAO | COMMERCIAL-PREFERRED | $408,000 | 202 ft |
| 3019 PLEASANT AVE MINNEAPOLIS MN 55408 | VILLA NOVA PRESERVATN JV LLC | APARTMENT | $1,057,000 | 207 ft |