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.
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 3,015 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3012 PLEASANT AVE MINNEAPOLIS MN 55408 | RUBEN D RUIZ RAMOS | RESIDENTIAL-TWO UNIT | $450,400 | 46 ft |
| 3018 PLEASANT AVE MINNEAPOLIS MN 55408 | CAMILO JOSE RAMOS ROMERO SR | RESIDENTIAL-TWO UNIT | $388,600 | 46 ft |
| 3008 PLEASANT AVE MINNEAPOLIS MN 55408 | PLEASANT AVE ENTERPRISES LLC | RESIDENTIAL-TWO UNIT | $380,400 | 92 ft |
| 3024 PLEASANT AVE MINNEAPOLIS MN 55408 | J BONDS & A LARSON | APARTMENT | $570,000 | 92 ft |
| 3017 GRAND AVE S MINNEAPOLIS MN 55408 | TRAVIS KELLY/TRIYONIS KELLY | RESIDENTIAL-TWO UNIT | $390,700 | 135 ft |
| 3004 PLEASANT AVE MINNEAPOLIS MN 55408 | ANDREW J PEDERSEN | RESIDENTIAL-TWO UNIT | $348,300 | 138 ft |
| 3025 GRAND AVE S MINNEAPOLIS MN 55408 | PETER MAGNUSON | RESIDENTIAL-TWO UNIT | $370,600 | 147 ft |
| 3013 GRAND AVE S MINNEAPOLIS MN 55408 | LO2 LLC | APARTMENT | $1,785,000 | 149 ft |
| 3030 PLEASANT AVE MINNEAPOLIS MN 55408 | VILLA NOVA PRESERVATN JV LLC | APARTMENT | $1,472,000 | 162 ft |
| 3027 GRAND AVE S MINNEAPOLIS MN 55408 | B VANDENBOOM & S VANDENBOOM | RESIDENTIAL | $140,800 | 171 ft |
Most Recent Sale
Current Tax Year