ParcelLens
Property Intelligence · Twin Cities
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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 ↗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.
5 permits on record since 2017 · $30K total declared value · Most recent: Oct 2024 (addition)
Vanguard Homes LLC
Metro Heating & Cooling LLC
The Snelling Co Inc
Hometown Plumbing Inc
ROYAL PLUMBING INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 3,049 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3201 PILLSBURY AVE MINNEAPOLIS MN 55408 | WILL & ALEXIA KRISPIN | RESIDENTIAL-TWO UNIT | $409,000 | 41 ft |
| 3209 PILLSBURY AVE MINNEAPOLIS MN 55408 | ANDREW DALE/HEATHER MCCARTHY | RESIDENTIAL | $309,000 | 54 ft |
| 117 32ND ST W MINNEAPOLIS MN 55408 | FIGENIE ALCENAT | RESIDENTIAL-TWO UNIT | $299,400 | 91 ft |
| 3215 PILLSBURY AVE MINNEAPOLIS MN 55408 | HARSHA VENKATESHA KOUSHIK | CONDOMINIUM | $128,400 | 111 ft |
| 3215 PILLSBURY AVE MINNEAPOLIS MN 55408 | MABEL JOAN NELIMA SITATI | CONDOMINIUM | $129,400 | 111 ft |
| 3215 PILLSBURY AVE MINNEAPOLIS MN 55408 | DANIEL J ROSENTHAL | CONDOMINIUM | $127,400 | 111 ft |
| 3215 PILLSBURY AVE MINNEAPOLIS MN 55408 | COLIN LIAMETZ | CONDOMINIUM | $118,600 | 111 ft |
| 3215 PILLSBURY AVE MINNEAPOLIS MN 55408 | M KIRIAKOS-ASKARI REV LIV TR | CONDOMINIUM | $128,400 | 111 ft |
| 3215 PILLSBURY AVE MINNEAPOLIS MN 55408 | M C KIRIAKOS-ASKARI TRUST | CONDOMINIUM | $128,400 | 111 ft |
| 3215 PILLSBURY AVE MINNEAPOLIS MN 55408 | KATY BRIGGS | CONDOMINIUM | $120,500 | 111 ft |
Most Recent Sale
Current Tax Year