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.
4 permits on record since 2018 · $23K total declared value · Most recent: Aug 2025 (misc)
UCCMPLS, LLC
SELA ROOFING AND REMODELING INC
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
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 2,701 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3250 PLEASANT AVE MINNEAPOLIS MN 55408 | M J HOERR & B J BRUSEGARD | RESIDENTIAL | $369,500 | 42 ft |
| 3240 PLEASANT AVE MINNEAPOLIS MN 55408 | SAMUEL BONNY | RESIDENTIAL | $339,500 | 42 ft |
| 3234 PLEASANT AVE MINNEAPOLIS MN 55408 | JESSICA LYNN KLIER | RESIDENTIAL-TWO UNIT | $514,600 | 84 ft |
| 3252 PLEASANT AVE MINNEAPOLIS MN 55408 | ERIC SALO & STELLA BROWN | RESIDENTIAL | $305,200 | 87 ft |
| 308 33RD ST W MINNEAPOLIS MN 55408 | D J GRAMANN | RESIDENTIAL | $356,000 | 96 ft |
| 312 33RD ST W MINNEAPOLIS MN 55408 | MICHAEL CARUS | RESIDENTIAL | $281,200 | 114 ft |
| 3232 PLEASANT AVE MINNEAPOLIS MN 55408 | TATIANA MEISENHEIMER ET AL | RESIDENTIAL | $446,800 | 126 ft |
| 3245 GRAND AVE S MINNEAPOLIS MN 55408 | THANG VO | RESIDENTIAL | $333,300 | 136 ft |
| 3243 GRAND AVE S MINNEAPOLIS MN 55408 | DANIEL C LEDIN | RESIDENTIAL-TWO UNIT | $391,000 | 142 ft |
| 316 33RD ST W MINNEAPOLIS MN 55408 | MICHAEL H CARUS | RESIDENTIAL | $214,800 | 150 ft |
Most Recent Sale
Current Tax Year