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.
3 permits on record since 2024 · $47K total declared value · Most recent: Jan 2025 (res)
MN Plumbing & Home Services INC
ARDMOR CONSTRUCTION
ARDMOR CONSTRUCTION
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 2,514 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3304 PLEASANT AVE MINNEAPOLIS MN 55408 | M TRAVIS & D LOPRETO | RESIDENTIAL | $388,500 | 43 ft |
| 3308 PLEASANT AVE MINNEAPOLIS MN 55408 | BRANDI BENNETT | RESIDENTIAL | $338,700 | 85 ft |
| 315 33RD ST W MINNEAPOLIS MN 55408 | JAMES SWENSON | RESIDENTIAL | $256,600 | 94 ft |
| 3252 PLEASANT AVE MINNEAPOLIS MN 55408 | ERIC SALO & STELLA BROWN | RESIDENTIAL | $305,200 | 106 ft |
| 308 33RD ST W MINNEAPOLIS MN 55408 | D J GRAMANN | RESIDENTIAL | $356,000 | 112 ft |
| 3312 PLEASANT AVE MINNEAPOLIS MN 55408 | ABJM ENTERPRISES LLC | APARTMENT | $747,000 | 128 ft |
| 3250 PLEASANT AVE MINNEAPOLIS MN 55408 | M J HOERR & B J BRUSEGARD | RESIDENTIAL | $369,500 | 147 ft |
| 3301 GRAND AVE S MINNEAPOLIS MN 55408 | JON W BRANDT | APARTMENT | $743,100 | 154 ft |
| 312 33RD ST W MINNEAPOLIS MN 55408 | MICHAEL CARUS | RESIDENTIAL | $281,200 | 155 ft |
| 3305 GRAND AVE S MINNEAPOLIS MN 55408 | JOSEPH WAIDELICH | RESIDENTIAL-TWO UNIT | $359,900 | 160 ft |
Most Recent Sale
Current Tax Year