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.
7 permits on record since 2018 · $56K total declared value · Most recent: Mar 2024 (commercial minor)
All Ways Drains Ltd
Jayhawk Mechanical Inc
Jayhawk Mechanical Inc
Erickson Plumbing Heating Cooling Inc
QUALITY TRUSTED COMMERCIAL CONSTRUCTION AND ROOFIN
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 5,149 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3119 PLEASANT AVE MINNEAPOLIS MN 55408 | A F RYDELL & C A PETRICH | RESIDENTIAL-TWO UNIT | $306,500 | 38 ft |
| 3117 PLEASANT AVE MINNEAPOLIS MN 55408 | A F RYDELL & C A PETRICH | RESIDENTIAL | $244,400 | 64 ft |
| 3127 PLEASANT AVE MINNEAPOLIS MN 55408 | PLEASANT 3127 LLC | APARTMENT | $1,646,000 | 67 ft |
| 3113 PLEASANT AVE MINNEAPOLIS MN 55408 | A F RYDELL & C A PETRICH | VACANT LAND-RESIDENTIAL | $139,000 | 103 ft |
| 3133 PLEASANT AVE MINNEAPOLIS MN 55408 | AARON B & DEBRRA A BOHUNKO | APARTMENT | $549,000 | 151 ft |
| 3107 PLEASANT AVE MINNEAPOLIS MN 55408 | ART INVESTMENT GROUP LLC | RESIDENTIAL-TWO UNIT | $370,800 | 154 ft |
| 3118 PILLSBURY AVE MINNEAPOLIS MN 55408 | ROBERTO ONOFRE | RESIDENTIAL | $232,500 | 188 ft |
| 3130 PILLSBURY AVE MINNEAPOLIS MN 55408 | 5130 HIAWATHA LLC | APARTMENT | $3,391,000 | 195 ft |
| 3114 PILLSBURY AVE MINNEAPOLIS MN 55408 | VILLA NOVA PRESERVATN JV LLC | APARTMENT | $1,057,000 | 200 ft |
| 3105 PLEASANT AVE MINNEAPOLIS MN 55408 | VILLA NOVA PRESERVATN JV LLC | APARTMENT | $1,057,000 | 205 ft |
Most Recent Sale
Current Tax Year