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 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 3,244 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2404 PLEASANT AVE MINNEAPOLIS MN 55404 | K NELSON & E SJOQUIST TRUST | RESIDENTIAL | $697,000 | 46 ft |
| 2414 PLEASANT AVE MINNEAPOLIS MN 55404 | VWM PROPERTIES LLC | APARTMENT | $694,000 | 69 ft |
| 2400 PLEASANT AVE MINNEAPOLIS MN 55404 | KURT NELSON/ERIN SJOQUIST TR | RESIDENTIAL-TWO UNIT | $463,900 | 92 ft |
| 2409 GRAND AVE S MINNEAPOLIS MN 55405 | GREGORY T GRONSETH | RESIDENTIAL | $420,600 | 129 ft |
| 2405 GRAND AVE S MINNEAPOLIS MN 55405 | K SKJOLSVIK & S A JOHNSON | RESIDENTIAL-TWO UNIT | $401,500 | 137 ft |
| 2420 PLEASANT AVE MINNEAPOLIS MN 55404 | ARLAND L ATNEOSEN | APARTMENT | $577,000 | 138 ft |
| 2413 GRAND AVE S MINNEAPOLIS MN 55405 | LARRY W KEMP & TERI M KELSH | RESIDENTIAL | $368,600 | 138 ft |
| 2401 GRAND AVE S MINNEAPOLIS MN 55405 | D MARTELLY & L MARTELLY | RESIDENTIAL-TWO UNIT | $481,000 | 159 ft |
| 2417 GRAND AVE S MINNEAPOLIS MN 55405 | A N ANDERSON & M D ANDERSON | RESIDENTIAL | $401,500 | 159 ft |
| 2407 PLEASANT AVE MINNEAPOLIS MN 55404 | THOMAS J SCHNEIDER & WF | RESIDENTIAL-TWO UNIT | $505,500 | 184 ft |
Most Recent Sale
Current Tax Year