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 ↗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.
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 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 4,033 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2431 GRAND AVE S MINNEAPOLIS MN 55405 | K M HAMMARBERG/L M BORNEMAN | RESIDENTIAL | $377,000 | 55 ft |
| 2421 GRAND AVE S MINNEAPOLIS MN 55405 | JANA HELIN & THOMAS HARTMAN | RESIDENTIAL | $506,000 | 55 ft |
| 2435 GRAND AVE S MINNEAPOLIS MN 55405 | K A CHRISTENSEN ET AL | RESIDENTIAL-TWO UNIT | $546,500 | 106 ft |
| 2417 GRAND AVE S MINNEAPOLIS MN 55405 | A N ANDERSON & M D ANDERSON | RESIDENTIAL | $401,500 | 106 ft |
| 2424 PLEASANT AVE MINNEAPOLIS MN 55404 | A GILBERT-SCHRAG/A D SELMES | RESIDENTIAL | $459,700 | 129 ft |
| 2432 PLEASANT AVE MINNEAPOLIS MN 55404 | IVOR JORGENSEN & LEE WRIGHT | RESIDENTIAL-TWO UNIT | $615,500 | 139 ft |
| 2420 PLEASANT AVE MINNEAPOLIS MN 55404 | ARLAND L ATNEOSEN | APARTMENT | $577,000 | 143 ft |
| 2413 GRAND AVE S MINNEAPOLIS MN 55405 | LARRY W KEMP & TERI M KELSH | RESIDENTIAL | $368,600 | 152 ft |
| 2441 GRAND AVE S MINNEAPOLIS MN 55405 | J HAINER-VIOLAND/H MESIAS JR | RESIDENTIAL | $416,000 | 153 ft |
| 2434 PLEASANT AVE MINNEAPOLIS MN 55404 | S YAMAGUCHI & M YAMAGUCHI | RESIDENTIAL-TWO UNIT | $454,700 | 167 ft |
Most Recent Sale
Current Tax Year