On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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 ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.
Minneapolis — Brownfield Grants ↗Signals are based on public datasets; program eligibility requires verification.
No permits found in Minneapolis open data for this parcel.
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
Residential Mixed-Use 1 — low-density mixed 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 2,992 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 215 FRANKLIN AVE W MINNEAPOLIS MN 55404 | BROBERG PROPERTIES I LLC | RESIDENTIAL | $224,800 | 55 ft |
| 221 FRANKLIN AVE W MINNEAPOLIS MN 55404 | BROBERG PROPERTIES IV LLC | APARTMENT | $590,000 | 57 ft |
| 2011 PLEASANT AVE MINNEAPOLIS MN 55404 | BROBERG PROPERTIES IV LLC | APARTMENT | $687,000 | 80 ft |
| 2015 PLEASANT AVE MINNEAPOLIS MN 55404 | LBD REAL ESTATE HOLDINGS LLC | RESIDENTIAL-TWO UNIT | $476,700 | 132 ft |
| 2017 PLEASANT AVE MINNEAPOLIS MN 55404 | E G LINK & M M SWOPE | RESIDENTIAL-TWO UNIT | $577,800 | 177 ft |
| 2002 PILLSBURY AVE MINNEAPOLIS MN 55404 | K L BROBERG & TINA M BROBERG | TRIPLEX | $588,700 | 182 ft |
| 2008 PILLSBURY AVE MINNEAPOLIS MN 55404 | J A SHONKWILER & L M SCHMIDT | RESIDENTIAL | $591,000 | 193 ft |
| 232 FRANKLIN AVE W MINNEAPOLIS MN 55404 | DAVID B SWARTHOUT | CONDOMINIUM | $217,000 | 207 ft |
| 232 FRANKLIN AVE W MINNEAPOLIS MN 55404 | RACHEL OBERG-HAUSER | CONDOMINIUM | $162,000 | 207 ft |
| 232 FRANKLIN AVE W MINNEAPOLIS MN 55404 | VUK MANDIC TRUST | CONDOMINIUM | $168,000 | 207 ft |
Most Recent Sale
Current Tax Year