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 2017 · Most recent: Apr 2018 (res)
CenterPoint Energy Resource Corp
UPTOWN PLUMBING HEATING AND COOLING
Linn Star Transfer 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 2,653 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3246 PLEASANT AVE MINNEAPOLIS MN 55408 | SPENCER GRANT & AMELIA GRANT | RESIDENTIAL-TWO UNIT | $435,600 | 42 ft |
| 3252 PLEASANT AVE MINNEAPOLIS MN 55408 | ERIC SALO & STELLA BROWN | RESIDENTIAL | $305,200 | 47 ft |
| 308 33RD ST W MINNEAPOLIS MN 55408 | D J GRAMANN | RESIDENTIAL | $356,000 | 61 ft |
| 3240 PLEASANT AVE MINNEAPOLIS MN 55408 | SAMUEL BONNY | RESIDENTIAL | $339,500 | 84 ft |
| 312 33RD ST W MINNEAPOLIS MN 55408 | MICHAEL CARUS | RESIDENTIAL | $281,200 | 97 ft |
| 3234 PLEASANT AVE MINNEAPOLIS MN 55408 | JESSICA LYNN KLIER | RESIDENTIAL-TWO UNIT | $514,600 | 126 ft |
| 316 33RD ST W MINNEAPOLIS MN 55408 | MICHAEL H CARUS | RESIDENTIAL | $214,800 | 137 ft |
| 3245 GRAND AVE S MINNEAPOLIS MN 55408 | THANG VO | RESIDENTIAL | $333,300 | 142 ft |
| 3300 PLEASANT AVE MINNEAPOLIS MN 55408 | REBEKAH ONGSTAD | RESIDENTIAL | $343,400 | 147 ft |
| 3243 GRAND AVE S MINNEAPOLIS MN 55408 | DANIEL C LEDIN | RESIDENTIAL-TWO UNIT | $391,000 | 159 ft |
Most Recent Sale
Current Tax Year