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.
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 9,181 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3141 PLEASANT AVE MINNEAPOLIS MN 55408 | N N BENAVIDES & L R B GUAMAN | RESIDENTIAL-TWO UNIT | $341,500 | 63 ft |
| 3127 PLEASANT AVE MINNEAPOLIS MN 55408 | PLEASANT 3127 LLC | APARTMENT | $1,646,000 | 84 ft |
| 3145 PLEASANT AVE MINNEAPOLIS MN 55408 | PARK AVE HOMES LLC | RESIDENTIAL-TWO UNIT | $277,800 | 112 ft |
| 220 32ND ST W MINNEAPOLIS MN 55408 | ANDREW JANSEN | RESIDENTIAL | $307,000 | 127 ft |
| 214 32ND ST W MINNEAPOLIS MN 55408 | REMARKABLE PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $397,700 | 139 ft |
| 3121 PLEASANT AVE MINNEAPOLIS MN 55408 | VILLA NOVA PRESERVATN JV LLC | APARTMENT | $1,057,000 | 151 ft |
| 3149 PLEASANT AVE MINNEAPOLIS MN 55408 | LEE BAKER | RESIDENTIAL-TWO UNIT | $352,100 | 151 ft |
| 210 32ND ST W MINNEAPOLIS MN 55408 | PAUL J PROVOST | RESIDENTIAL | $357,100 | 173 ft |
| 3136 PILLSBURY AVE MINNEAPOLIS MN 55408 | CHRISTOPHER HOFF/RACHEL HOFF | RESIDENTIAL | $503,000 | 186 ft |
| 3119 PLEASANT AVE MINNEAPOLIS MN 55408 | A F RYDELL & C A PETRICH | RESIDENTIAL-TWO UNIT | $306,500 | 189 ft |
Current Tax Year