3326 PILLSBURY AVE MINNEAPOLIS MN 55408

PID: 0302824240126

Property Overview

Parcel ID0302824240126

Lot Size2,357 sq ft (0.054 ac)

Lot Dimensions (est.)165 ft wide × 14 ft deep

Year Built0

Property ClassLAND-COMMERCIAL

OwnerCITY OF MPLS

Assessed Value$0

Land Value$0

Building Value$0

Annual Tax$0

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Qualified Census Tract (QCT)High

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 ↗

Potential programs

LIHTC 30% Basis BoostMedium

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.

Permit History

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Lyndale · Minneapolis

Median reported rent1,022/mo

Renter-occupied73.1%

Median home value$318K

Vacancy rate5.5%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 82

Market Snapshot

Zip code 55408

Median sale price$390K+6.8% YoY

Median price / sqft$243/sqft

Median days to close62 days

Active listings73

Source: Redfin Data Center (Invalid Date) · Zip 55408

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width4 ft

Buildable depth128 ft

Area~575 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3324 PILLSBURY AVE MINNEAPOLIS MN 55408	SCHOOL DIST NO 1	LAND-COMMERCIAL	$0	20 ft
3320 PILLSBURY AVE MINNEAPOLIS MN 55408	CORRINA SERGIACOMI	RESIDENTIAL-TWO UNIT	$378,400	53 ft
3316 PILLSBURY AVE MINNEAPOLIS MN 55408	BRIAN L BLACKARD	RESIDENTIAL-TWO UNIT	$380,500	93 ft
3312 PILLSBURY AVE MINNEAPOLIS MN 55408	PUTNAM PROPERTIES LLC	APARTMENT	$1,796,000	149 ft
3319 PLEASANT AVE MINNEAPOLIS MN 55408	FORTRESS REALTY INC	APARTMENT	$2,212,000	200 ft
3325 PILLSBURY AVE MINNEAPOLIS MN 55408	JOHN GOWER & ADELE GOWER	RESIDENTIAL	$289,700	228 ft
3331 PILLSBURY AVE MINNEAPOLIS MN 55408	ANNE & LOUIS F FOLTZ JR	RESIDENTIAL	$242,300	229 ft
3321 PILLSBURY AVE MINNEAPOLIS MN 55408	DEVIN HANSON/MARISSA HANSON	RESIDENTIAL	$369,000	233 ft
3335 PILLSBURY AVE MINNEAPOLIS MN 55408	RDA UPTOWN IV LLC	RESIDENTIAL	$221,800	235 ft
3315 PLEASANT AVE MINNEAPOLIS MN 55408	EARL BARNETT III	RESIDENTIAL	$154,100	238 ft

Property History

Current Tax Year

Year2026

Tax Due$0