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 · $15K total declared value · Most recent: Nov 2023 (misc)
Lifetime Builders
Lifetime Builders
Janecky Plumbing Service Inc
Janecky Plumbing Service Inc
CENTERPOINT ENERGY
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Whittier · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 68
Zip code 55404
Source: Redfin Data Center (Invalid Date) · Zip 55404
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 3,520 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2311 PLEASANT AVE MINNEAPOLIS MN 55404 | JOHN MICHAEL BURNES | RESIDENTIAL-TWO UNIT | $484,600 | 45 ft |
| 2321 PLEASANT AVE MINNEAPOLIS MN 55404 | GEORGE'S PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $500,800 | 46 ft |
| 2317 PLEASANT AVE MINNEAPOLIS MN 55404 | AFFORDABLE GREN HOMES LLC | VACANT LAND-RESIDENTIAL | $3,000 | 74 ft |
| 2307 PLEASANT AVE MINNEAPOLIS MN 55404 | ALEXANDER HARRIS | RESIDENTIAL-TWO UNIT | $477,100 | 89 ft |
| 2325 PLEASANT AVE MINNEAPOLIS MN 55404 | J SALVESON & S K PELLICCI | RESIDENTIAL-TWO UNIT | $537,200 | 97 ft |
| 214 24TH ST W MINNEAPOLIS MN 55404 | AFFORDABLE GREN HOMES LLC | RESIDENTIAL-TWO UNIT | $328,100 | 117 ft |
| 2303 PLEASANT AVE MINNEAPOLIS MN 55404 | MARK E DOLSKI/KEITH A BROWN | TRIPLEX | $513,000 | 134 ft |
| 2227 PLEASANT AVE MINNEAPOLIS MN 55404 | B AGUIRRE & A R AGUIRRE | TRIPLEX | $628,300 | 179 ft |
| 2316 PILLSBURY AVE MINNEAPOLIS MN 55404 | D A J BAGLEY & T E HERMAN | RESIDENTIAL-TWO UNIT | $1,175,900 | 194 ft |
| 2312 PILLSBURY AVE MINNEAPOLIS MN 55404 | VICTORIA L SLOAN | TRIPLEX | $831,300 | 196 ft |
Most Recent Sale
Current Tax Year