ParcelLens
Property Intelligence · Twin Cities
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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 ↗Signals are based on public datasets; program eligibility requires verification.
1 permit on record since 2026 · $6K total declared value · Most recent: Mar 2026 (existres)
Midland HVAC LLC
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 2,748 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3308 PLEASANT AVE MINNEAPOLIS MN 55408 | BRANDI BENNETT | RESIDENTIAL | $338,700 | 43 ft |
| 3316 PLEASANT AVE MINNEAPOLIS MN 55408 | 612 651 PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $431,800 | 43 ft |
| 3304 PLEASANT AVE MINNEAPOLIS MN 55408 | M TRAVIS & D LOPRETO | RESIDENTIAL | $388,500 | 85 ft |
| 3300 PLEASANT AVE MINNEAPOLIS MN 55408 | REBEKAH ONGSTAD | RESIDENTIAL | $343,400 | 128 ft |
| 3315 GRAND AVE S MINNEAPOLIS MN 55408 | KAGAN RIEDEL & SIRI PRESTON | RESIDENTIAL | $333,700 | 136 ft |
| 315 33RD ST W MINNEAPOLIS MN 55408 | JAMES SWENSON | RESIDENTIAL | $256,600 | 140 ft |
| 3309 GRAND AVE S MINNEAPOLIS MN 55408 | JULIE BECKER | RESIDENTIAL | $374,700 | 142 ft |
| 3317 GRAND AVE S MINNEAPOLIS MN 55408 | MICHAEL E WALTMAN | RESIDENTIAL | $346,700 | 143 ft |
| 3305 GRAND AVE S MINNEAPOLIS MN 55408 | JOSEPH WAIDELICH | RESIDENTIAL-TWO UNIT | $359,900 | 175 ft |
| 233 33RD ST W MINNEAPOLIS MN 55408 | ROGER B SHEARS | RESIDENTIAL-TWO UNIT | $339,300 | 186 ft |
Most Recent Sale
Current Tax Year