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.
4 permits on record since 2018 · Most recent: Apr 2018 (res)
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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 2,940 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3108 PLEASANT AVE MINNEAPOLIS MN 55408 | B BAUMAN & J BARBER-BAUMAN | RESIDENTIAL | $456,600 | 45 ft |
| 3118 PLEASANT AVE MINNEAPOLIS MN 55408 | 3118 PLEASANT LLC | TRIPLEX | $404,000 | 45 ft |
| 3104 PLEASANT AVE MINNEAPOLIS MN 55408 | CLARK BENJAMIN SEIFERT JR | RESIDENTIAL | $270,000 | 90 ft |
| 3120 PLEASANT AVE MINNEAPOLIS MN 55408 | J SANCHEZ & S O HERNANDEZ | RESIDENTIAL | $223,000 | 90 ft |
| 3124 PLEASANT AVE MINNEAPOLIS MN 55408 | L A SKARIE & G N NELSON | TRIPLEX | $662,800 | 135 ft |
| 3115 GRAND AVE S MINNEAPOLIS MN 55408 | NKOSI HOLDINGS LLC | APARTMENT | $1,254,000 | 137 ft |
| 301 31ST ST W MINNEAPOLIS MN 55408 | LISA MARIE FURTH | CONDOMINIUM | $251,000 | 139 ft |
| 303 31ST ST W MINNEAPOLIS MN 55408 | MESKEREM MEBATSION | CONDOMINIUM | $241,000 | 139 ft |
| 305 31ST ST W MINNEAPOLIS MN 55408 | LISA THIMJON | CONDOMINIUM | $246,000 | 139 ft |
| 307 31ST ST W MINNEAPOLIS MN 55408 | FABRIZIO CICCONE REVOC TRUST | CONDOMINIUM | $251,000 | 139 ft |
Most Recent Sale
Current Tax Year