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 ↗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.
12 permits on record since 2018 · $94K total declared value · Most recent: Oct 2024 (remodel)
Stoltz Remodeling
STOLTZ INSTALLATION AND CARPENTRY CO
eRoof LLC
ARKO EXTERIORS INC
ARKO EXTERIORS INC
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 2,700 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3232 PLEASANT AVE MINNEAPOLIS MN 55408 | TATIANA MEISENHEIMER ET AL | RESIDENTIAL | $446,800 | 42 ft |
| 3240 PLEASANT AVE MINNEAPOLIS MN 55408 | SAMUEL BONNY | RESIDENTIAL | $339,500 | 42 ft |
| 3246 PLEASANT AVE MINNEAPOLIS MN 55408 | SPENCER GRANT & AMELIA GRANT | RESIDENTIAL-TWO UNIT | $435,600 | 84 ft |
| 3230 PLEASANT AVE MINNEAPOLIS MN 55408 | S M TOREN & G I LEWIS | RESIDENTIAL | $413,600 | 84 ft |
| 3250 PLEASANT AVE MINNEAPOLIS MN 55408 | M J HOERR & B J BRUSEGARD | RESIDENTIAL | $369,500 | 126 ft |
| 3224 PLEASANT AVE MINNEAPOLIS MN 55408 | MELANIE M BENSON | RESIDENTIAL | $352,000 | 126 ft |
| 3237 GRAND AVE S MINNEAPOLIS MN 55408 | STUART SKRIEN/CYNTHIA SKRIEN | APARTMENT | $500,000 | 136 ft |
| 3233 GRAND AVE S MINNEAPOLIS MN 55408 | S R & C B SKRIEN | RESIDENTIAL | $335,800 | 142 ft |
| 3243 GRAND AVE S MINNEAPOLIS MN 55408 | DANIEL C LEDIN | RESIDENTIAL-TWO UNIT | $391,000 | 143 ft |
| 3231 GRAND AVE S MINNEAPOLIS MN 55408 | MAKAYLA POSL | RESIDENTIAL | $405,000 | 159 ft |
Most Recent Sale
Current Tax Year