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.
3 permits on record since 2017 · $22K total declared value · Most recent: Sep 2025 (res)
SODERLIN PLUMBING HEATING AND AIR
DONNELLY STUCCO & EXTERIORS
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 1070
Zip code 55405
Source: Redfin Data Center (Invalid Date) · Zip 55405
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 2,684 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2513 GRAND AVE S MINNEAPOLIS MN 55405 | TRISARA PROP NEBRASKA LLC | RESIDENTIAL-TWO UNIT | $530,900 | 40 ft |
| 315 25TH ST W MINNEAPOLIS MN 55404 | E FLATS LIMITED PARTNERSHIP | LOW INCOME RENTAL | $152,300 | 67 ft |
| 319 25TH ST W MINNEAPOLIS MN 55404 | E FLATS LTD PTNRSHP (CO-OP) | LOW INCOME RENTAL | $920,000 | 67 ft |
| 2515 GRAND AVE S MINNEAPOLIS MN 55405 | W E LUNDEN IV & C A LUNDEN | RESIDENTIAL-TWO UNIT | $451,400 | 82 ft |
| 2508 PLEASANT AVE MINNEAPOLIS MN 55404 | MEREDITH A LIESKE | RESIDENTIAL | $421,100 | 129 ft |
| 2512 PLEASANT AVE MINNEAPOLIS MN 55404 | 2512 PLEASANT LLC | RESIDENTIAL-TWO UNIT | $440,300 | 135 ft |
| 2500 PLEASANT AVE MINNEAPOLIS MN 55404 | PUTNAM PROPERTIES LLC | APARTMENT | $1,467,000 | 142 ft |
| 2525 GRAND AVE S MINNEAPOLIS MN 55405 | IRVING PROPERTIES INC | APARTMENT | $1,232,000 | 148 ft |
| 2516 PLEASANT AVE MINNEAPOLIS MN 55404 | GARY WICK | RESIDENTIAL-TWO UNIT | $456,700 | 153 ft |
| 2506 GRAND AVE S MINNEAPOLIS MN 55405 | C RAGSDALE & I P LUETSCHER | RESIDENTIAL | $452,200 | 164 ft |
Most Recent Sale
Current Tax Year