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.
2 permits on record since 2024 · $38K total declared value · Most recent: Jun 2024 (roofwind)
Balanced Build LLC
CenterPoint Energy Resource Corp
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 3 — medium-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 3-story wood frame (5–12 units) benchmarks for 6,171 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2015 PLEASANT AVE MINNEAPOLIS MN 55404 | LBD REAL ESTATE HOLDINGS LLC | RESIDENTIAL-TWO UNIT | $476,700 | 52 ft |
| 217 FRANKLIN AVE W MINNEAPOLIS MN 55404 | BROBERG PROPERTIES IV LLC | APARTMENT | $720,000 | 80 ft |
| 221 FRANKLIN AVE W MINNEAPOLIS MN 55404 | BROBERG PROPERTIES IV LLC | APARTMENT | $590,000 | 96 ft |
| 2017 PLEASANT AVE MINNEAPOLIS MN 55404 | E G LINK & M M SWOPE | RESIDENTIAL-TWO UNIT | $577,800 | 97 ft |
| 215 FRANKLIN AVE W MINNEAPOLIS MN 55404 | BROBERG PROPERTIES I LLC | RESIDENTIAL | $224,800 | 98 ft |
| 2021 PLEASANT AVE MINNEAPOLIS MN 55404 | TIMOTHY BOYS & MATTHEW BOYS | TRIPLEX | $615,100 | 141 ft |
| 2008 PILLSBURY AVE MINNEAPOLIS MN 55404 | J A SHONKWILER & L M SCHMIDT | RESIDENTIAL | $591,000 | 185 ft |
| 2103 PLEASANT AVE MINNEAPOLIS MN 55404 | 301 712 2103 & 3151 LLC | APARTMENT | $575,000 | 186 ft |
| 2020 PILLSBURY AVE MINNEAPOLIS MN 55404 | ANDERSON FAMILY LTD PTNSHP | APARTMENT | $2,187,000 | 198 ft |
| 2002 PILLSBURY AVE MINNEAPOLIS MN 55404 | K L BROBERG & TINA M BROBERG | TRIPLEX | $588,700 | 206 ft |
Most Recent Sale
Current Tax Year