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 · $26K total declared value · Most recent: Jan 2023 (existres)
Metro Heating & Cooling LLC
Legend Companies LLC
LES JONES ROOFING INC
CENTERPOINT ENERGY
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 4,255 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2017 PLEASANT AVE MINNEAPOLIS MN 55404 | E G LINK & M M SWOPE | RESIDENTIAL-TWO UNIT | $577,800 | 44 ft |
| 2103 PLEASANT AVE MINNEAPOLIS MN 55404 | 301 712 2103 & 3151 LLC | APARTMENT | $575,000 | 45 ft |
| 2015 PLEASANT AVE MINNEAPOLIS MN 55404 | LBD REAL ESTATE HOLDINGS LLC | RESIDENTIAL-TWO UNIT | $476,700 | 89 ft |
| 2107 PLEASANT AVE MINNEAPOLIS MN 55404 | THOMAS R GIEFER | APARTMENT | $663,000 | 91 ft |
| 2109 PLEASANT AVE MINNEAPOLIS MN 55404 | BROBERG PROPERTIES II LLC | TRIPLEX | $674,000 | 136 ft |
| 2011 PLEASANT AVE MINNEAPOLIS MN 55404 | BROBERG PROPERTIES IV LLC | APARTMENT | $687,000 | 141 ft |
| 2119 PLEASANT AVE MINNEAPOLIS MN 55404 | K L BROBERG & T BROBERG | RESIDENTIAL-TWO UNIT | $498,800 | 183 ft |
| 2100 PILLSBURY AVE MINNEAPOLIS MN 55404 | 2100 PILLSBURY AVE LLC | COMMERCIAL-PREFERRED | $560,000 | 188 ft |
| 2020 PILLSBURY AVE MINNEAPOLIS MN 55404 | ANDERSON FAMILY LTD PTNSHP | APARTMENT | $2,187,000 | 198 ft |
| 217 FRANKLIN AVE W MINNEAPOLIS MN 55404 | BROBERG PROPERTIES IV LLC | APARTMENT | $720,000 | 221 ft |
Most Recent Sale
Current Tax Year