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 2021 · $3K total declared value · Most recent: Jul 2021 (remodel)
ECOCON LLC
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
Urban Neighborhood 2 — moderate-density residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 2,634 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3105 PLEASANT AVE MINNEAPOLIS MN 55408 | VILLA NOVA PRESERVATN JV LLC | APARTMENT | $1,057,000 | 58 ft |
| 215 31ST ST W MINNEAPOLIS MN 55408 | ERICK RUB & TAYLOR RUB | RESIDENTIAL-TWO UNIT | $279,900 | 82 ft |
| 3107 PLEASANT AVE MINNEAPOLIS MN 55408 | ART INVESTMENT GROUP LLC | RESIDENTIAL-TWO UNIT | $370,800 | 106 ft |
| 3045 PLEASANT AVE MINNEAPOLIS MN 55408 | J L ZHAGUI/M C Z C D ZHAGUI | RESIDENTIAL-TWO UNIT | $279,500 | 122 ft |
| 213 31ST ST W MINNEAPOLIS MN 55408 | LUIS MUNOZ | RESIDENTIAL | $200,000 | 144 ft |
| 3043 PLEASANT AVE MINNEAPOLIS MN 55408 | LYNDALE NGHBRHD ASSOC | VACANT LAND-APARTMENT | $108,500 | 154 ft |
| 3113 PLEASANT AVE MINNEAPOLIS MN 55408 | A F RYDELL & C A PETRICH | VACANT LAND-RESIDENTIAL | $139,000 | 156 ft |
| 216 31ST ST W MINNEAPOLIS MN 55408 | LYNDALE NGHBRHD ASSOC | VACANT LAND-APARTMENT | $76,900 | 164 ft |
| 214 31ST ST W MINNEAPOLIS MN 55408 | MARTHA CAMACHO | RESIDENTIAL | $252,000 | 179 ft |
| 3117 PLEASANT AVE MINNEAPOLIS MN 55408 | A F RYDELL & C A PETRICH | RESIDENTIAL | $244,400 | 194 ft |
Most Recent Sale
Current Tax Year