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 ↗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.
3 permits on record since 2023 · $13K total declared value · Most recent: Jul 2024 (misc)
Minnesota Restoration Contractors INC
Minnesota Restoration Contractors INC
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 1070
Zip code 55404
Source: Redfin Data Center (Invalid Date) · Zip 55404
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 3,041 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2512 PLEASANT AVE MINNEAPOLIS MN 55404 | 2512 PLEASANT LLC | RESIDENTIAL-TWO UNIT | $440,300 | 42 ft |
| 2520 PLEASANT AVE MINNEAPOLIS MN 55404 | NICHOLAS J TVEITBAKK | RESIDENTIAL | $354,200 | 44 ft |
| 2508 PLEASANT AVE MINNEAPOLIS MN 55404 | MEREDITH A LIESKE | RESIDENTIAL | $421,100 | 82 ft |
| 2524 PLEASANT AVE MINNEAPOLIS MN 55404 | D SATRAN & J LEVINE | RESIDENTIAL | $505,000 | 88 ft |
| 2515 GRAND AVE S MINNEAPOLIS MN 55405 | W E LUNDEN IV & C A LUNDEN | RESIDENTIAL-TWO UNIT | $451,400 | 129 ft |
| 2526 PLEASANT AVE MINNEAPOLIS MN 55404 | PAG PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $443,600 | 132 ft |
| 2513 GRAND AVE S MINNEAPOLIS MN 55405 | TRISARA PROP NEBRASKA LLC | RESIDENTIAL-TWO UNIT | $530,900 | 136 ft |
| 2500 PLEASANT AVE MINNEAPOLIS MN 55404 | PUTNAM PROPERTIES LLC | APARTMENT | $1,467,000 | 141 ft |
| 2525 GRAND AVE S MINNEAPOLIS MN 55405 | IRVING PROPERTIES INC | APARTMENT | $1,232,000 | 145 ft |
| 2509 GRAND AVE S MINNEAPOLIS MN 55405 | MATTHEW CHARTRAND | TRIPLEX | $490,200 | 153 ft |
Most Recent Sale
Current Tax Year