ParcelLens
Property Intelligence · Twin Cities
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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
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 4,607 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3020 PILLSBURY AVE MINNEAPOLIS MN 55408 | VILLA NOVA PRESERVATN JV LLC | APARTMENT | $1,057,000 | 47 ft |
| 3032 PILLSBURY AVE MINNEAPOLIS MN 55408 | VILLA NOVA PRESERVATN JV LLC | APARTMENT | $1,723,000 | 70 ft |
| 3018 PILLSBURY AVE MINNEAPOLIS MN 55408 | VILLA NOVA PRESERVATN JV LLC | APARTMENT | $1,057,000 | 94 ft |
| 3012 PILLSBURY AVE MINNEAPOLIS MN 55408 | 201 W LAKE ST LLC | COMMERCIAL-PREFERRED | $581,000 | 141 ft |
| 3036 PILLSBURY AVE MINNEAPOLIS MN 55408 | SIYAT A. ABDULLAHI | VACANT LAND-APARTMENT | $137,500 | 141 ft |
| 3023 PLEASANT AVE MINNEAPOLIS MN 55408 | VILLA NOVA PRESERVATN JV LLC | APARTMENT | $1,057,000 | 184 ft |
| 3008 PILLSBURY AVE MINNEAPOLIS MN 55408 | 201 W LAKE ST LLC | COMMERCIAL-PREFERRED | $568,000 | 188 ft |
| 3042 PILLSBURY AVE MINNEAPOLIS MN 55408 | TOP INTEGRITY INVESTMNTS LLC | RESIDENTIAL-TWO UNIT | $518,200 | 188 ft |
| 3019 PLEASANT AVE MINNEAPOLIS MN 55408 | VILLA NOVA PRESERVATN JV LLC | APARTMENT | $1,057,000 | 190 ft |
| 3027 PLEASANT AVE MINNEAPOLIS MN 55408 | VILLA NOVA PRESERVATN JV LLC | APARTMENT | $1,031,000 | 190 ft |
Most Recent Sale
Current Tax Year