Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗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 ↗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 ↗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 ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗Signals are based on public datasets; program eligibility requires verification.
No permits found in Minneapolis open data for this parcel.
Lyndale · 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
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 4,608 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3042 PILLSBURY AVE MINNEAPOLIS MN 55408 | TOP INTEGRITY INVESTMNTS LLC | RESIDENTIAL-TWO UNIT | $518,200 | 47 ft |
| 3032 PILLSBURY AVE MINNEAPOLIS MN 55408 | VILLA NOVA PRESERVATN JV LLC | APARTMENT | $1,723,000 | 70 ft |
| 3044 PILLSBURY AVE MINNEAPOLIS MN 55408 | MICHAEL J NYSTUEN | RESIDENTIAL | $509,000 | 97 ft |
| 212 31ST ST W MINNEAPOLIS MN 55408 | DANA THOMPSON TRUST | RESIDENTIAL | $166,800 | 109 ft |
| 214 31ST ST W MINNEAPOLIS MN 55408 | MARTHA CAMACHO | RESIDENTIAL | $252,000 | 138 ft |
| 3024 PILLSBURY AVE MINNEAPOLIS MN 55408 | VILLA NOVA PRESERVATN JV LLC | APARTMENT | $1,057,000 | 141 ft |
| 216 31ST ST W MINNEAPOLIS MN 55408 | LYNDALE NGHBRHD ASSOC | VACANT LAND-APARTMENT | $76,900 | 167 ft |
| 3020 PILLSBURY AVE MINNEAPOLIS MN 55408 | VILLA NOVA PRESERVATN JV LLC | APARTMENT | $1,057,000 | 188 ft |
| 3035 PLEASANT AVE MINNEAPOLIS MN 55408 | LONNY G DOUB/KATHRYN M DOUB | APARTMENT | $2,524,000 | 190 ft |
| 3027 PLEASANT AVE MINNEAPOLIS MN 55408 | VILLA NOVA PRESERVATN JV LLC | APARTMENT | $1,031,000 | 207 ft |
Most Recent Sale
Current Tax Year