ParcelLens
Property Intelligence · Twin Cities
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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.
1 permit on record since 2024 · $76K total declared value · Most recent: Sep 2024 (roofwind)
IPG Contracting LLC
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 20,758 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3118 PILLSBURY AVE MINNEAPOLIS MN 55408 | ROBERTO ONOFRE | RESIDENTIAL | $232,500 | 101 ft |
| 3136 PILLSBURY AVE MINNEAPOLIS MN 55408 | CHRISTOPHER HOFF/RACHEL HOFF | RESIDENTIAL | $503,000 | 109 ft |
| 3114 PILLSBURY AVE MINNEAPOLIS MN 55408 | VILLA NOVA PRESERVATN JV LLC | APARTMENT | $1,057,000 | 139 ft |
| 3140 PILLSBURY AVE MINNEAPOLIS MN 55408 | C EARL GRANT | RESIDENTIAL-TWO UNIT | $370,400 | 151 ft |
| 3112 PILLSBURY AVE MINNEAPOLIS MN 55408 | LYNDALE NGHBRHD ASSOC | VACANT LAND-RESIDENTIAL | $5,000 | 178 ft |
| 3127 PLEASANT AVE MINNEAPOLIS MN 55408 | PLEASANT 3127 LLC | APARTMENT | $1,646,000 | 185 ft |
| 3121 PLEASANT AVE MINNEAPOLIS MN 55408 | VILLA NOVA PRESERVATN JV LLC | APARTMENT | $1,057,000 | 195 ft |
| 3144 PILLSBURY AVE MINNEAPOLIS MN 55408 | G G GUAMAN-SIBRI ET AL | RESIDENTIAL | $260,000 | 197 ft |
| 3133 PLEASANT AVE MINNEAPOLIS MN 55408 | AARON B & DEBRRA A BOHUNKO | APARTMENT | $549,000 | 205 ft |
| 3119 PLEASANT AVE MINNEAPOLIS MN 55408 | A F RYDELL & C A PETRICH | RESIDENTIAL-TWO UNIT | $306,500 | 210 ft |
Current Tax Year