Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗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 ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗Signals are based on public datasets; program eligibility requires verification.
3 permits on record since 2016 · $44K total declared value · Most recent: Jan 2026 (commercial minor)
Warners Stellian Co Inc
ALL ELEMENTS INC
Norblom Plumbing Co
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 11,251 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2008 PILLSBURY AVE MINNEAPOLIS MN 55404 | J A SHONKWILER & L M SCHMIDT | RESIDENTIAL | $591,000 | 88 ft |
| 2100 PILLSBURY AVE MINNEAPOLIS MN 55404 | 2100 PILLSBURY AVE LLC | COMMERCIAL-PREFERRED | $560,000 | 95 ft |
| 2002 PILLSBURY AVE MINNEAPOLIS MN 55404 | K L BROBERG & TINA M BROBERG | TRIPLEX | $588,700 | 165 ft |
| 2015 PLEASANT AVE MINNEAPOLIS MN 55404 | LBD REAL ESTATE HOLDINGS LLC | RESIDENTIAL-TWO UNIT | $476,700 | 185 ft |
| 2017 PLEASANT AVE MINNEAPOLIS MN 55404 | E G LINK & M M SWOPE | RESIDENTIAL-TWO UNIT | $577,800 | 187 ft |
| 2112 PILLSBURY AVE MINNEAPOLIS MN 55404 | 2112 PILLSBURY AVE S LLC | APARTMENT | $1,160,000 | 190 ft |
| 2021 PLEASANT AVE MINNEAPOLIS MN 55404 | TIMOTHY BOYS & MATTHEW BOYS | TRIPLEX | $615,100 | 198 ft |
| 2011 PLEASANT AVE MINNEAPOLIS MN 55404 | BROBERG PROPERTIES IV LLC | APARTMENT | $687,000 | 198 ft |
| 215 FRANKLIN AVE W MINNEAPOLIS MN 55404 | BROBERG PROPERTIES I LLC | RESIDENTIAL | $224,800 | 199 ft |
| 2103 PLEASANT AVE MINNEAPOLIS MN 55404 | 301 712 2103 & 3151 LLC | APARTMENT | $575,000 | 215 ft |
Current Tax Year