ParcelLens
Property Intelligence · Twin Cities
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In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.
Minneapolis — Affordable Housing Trust Fund ↗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 ↗Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.
Minneapolis Great Streets — Gap Financing ↗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 2017 · $14K total declared value · Most recent: Apr 2019 (roofwind)
NORTH LAKE CONTRACTING
Windowlab
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 1070
Zip code 55404
Source: Redfin Data Center (Invalid Date) · Zip 55404
Urban Neighborhood 2 — moderate-density residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 3,039 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2544 PLEASANT AVE MINNEAPOLIS MN 55404 | WILLOW & BROOK INVSTMNTS LLC | RESIDENTIAL | $383,000 | 48 ft |
| 2540 PLEASANT AVE MINNEAPOLIS MN 55404 | MICHAEL L HANDLEY | RESIDENTIAL | $440,000 | 96 ft |
| 2551 GRAND AVE S MINNEAPOLIS MN 55405 | ANDREW J MCDERMOTT III | TRIPLEX | $525,800 | 129 ft |
| 2600 PLEASANT AVE MINNEAPOLIS MN 55408 | 2600 PLEASANT LLC | APARTMENT | $2,350,000 | 135 ft |
| 2545 GRAND AVE S MINNEAPOLIS MN 55405 | POSITIVE DEVELOPMENTS LLC | RESIDENTIAL-TWO UNIT | $402,000 | 137 ft |
| 2538 PLEASANT AVE MINNEAPOLIS MN 55404 | C D LASSIG & L K LEGGE | RESIDENTIAL | $428,100 | 144 ft |
| 2541 GRAND AVE S MINNEAPOLIS MN 55405 | GUNHA DANIEL KIM | RESIDENTIAL-TWO UNIT | $450,000 | 161 ft |
| 2606 PLEASANT AVE MINNEAPOLIS MN 55408 | JOSEPHINE A MUSUMECI | RESIDENTIAL | $275,200 | 187 ft |
| 2537 GRAND AVE S MINNEAPOLIS MN 55405 | SCOTT W ROKIS | RESIDENTIAL-TWO UNIT | $449,500 | 193 ft |
| 2530 PLEASANT AVE MINNEAPOLIS MN 55404 | TRACY LYNN BROWN ZULLO | RESIDENTIAL-TWO UNIT | $464,800 | 195 ft |
Most Recent Sale
Current Tax Year