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 ↗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 ↗Signals are based on public datasets; program eligibility requires verification.
2 permits on record since 2018 · Most recent: Apr 2018 (res)
CENTERPOINT ENERGY
CENTERPOINT ENERGY
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 2,697 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3208 PLEASANT AVE MINNEAPOLIS MN 55408 | BANKERS TRST CO CA TRST ETAL | RESIDENTIAL-TWO UNIT | $396,100 | 42 ft |
| 3216 PLEASANT AVE MINNEAPOLIS MN 55408 | MARK L LOKOWICH ET AL | RESIDENTIAL-TWO UNIT | $412,300 | 42 ft |
| 3204 PLEASANT AVE MINNEAPOLIS MN 55408 | CAMILO RAMOS ROMERO | RESIDENTIAL | $289,400 | 84 ft |
| 3220 PLEASANT AVE MINNEAPOLIS MN 55408 | KELLA ALAM | RESIDENTIAL | $293,200 | 84 ft |
| 3200 PLEASANT AVE MINNEAPOLIS MN 55408 | MICHAEL DAN MONTROSE ET AL | RESIDENTIAL | $328,800 | 126 ft |
| 3224 PLEASANT AVE MINNEAPOLIS MN 55408 | MELANIE M BENSON | RESIDENTIAL | $352,000 | 126 ft |
| 3213 GRAND AVE S MINNEAPOLIS MN 55408 | EVAN GONZO | CONDOMINIUM | $144,600 | 136 ft |
| 3213 GRAND AVE S MINNEAPOLIS MN 55408 | ROWE TRUST | CONDOMINIUM | $224,600 | 136 ft |
| 3213 GRAND AVE S MINNEAPOLIS MN 55408 | LYDIA GRACE BRAIG | CONDOMINIUM | $141,400 | 136 ft |
| 3213 GRAND AVE S MINNEAPOLIS MN 55408 | ANDREA ROSENER | CONDOMINIUM | $113,400 | 136 ft |
Most Recent Sale
Current Tax Year