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.
11 permits on record since 2019 · $25K total declared value · Most recent: Dec 2024 (res)
BONFES PLUMBING HEATING AND AIR SERVICE INC
BONFES PLUMBING HEATING AND AIR SERVICE INC
BONFES PLUMBING HEATING AND AIR SERVICE INC
BONFES PLUMBING HEATING AND AIR SERVICE 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 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 3,245 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2409 GRAND AVE S MINNEAPOLIS MN 55405 | GREGORY T GRONSETH | RESIDENTIAL | $420,600 | 46 ft |
| 2401 GRAND AVE S MINNEAPOLIS MN 55405 | D MARTELLY & L MARTELLY | RESIDENTIAL-TWO UNIT | $481,000 | 46 ft |
| 2413 GRAND AVE S MINNEAPOLIS MN 55405 | LARRY W KEMP & TERI M KELSH | RESIDENTIAL | $368,600 | 93 ft |
| 2404 PLEASANT AVE MINNEAPOLIS MN 55404 | K NELSON & E SJOQUIST TRUST | RESIDENTIAL | $697,000 | 129 ft |
| 2408 PLEASANT AVE MINNEAPOLIS MN 55404 | J LEVINE & L MARSHALL | RESIDENTIAL | $808,900 | 137 ft |
| 2400 PLEASANT AVE MINNEAPOLIS MN 55404 | KURT NELSON/ERIN SJOQUIST TR | RESIDENTIAL-TWO UNIT | $463,900 | 138 ft |
| 2417 GRAND AVE S MINNEAPOLIS MN 55405 | A N ANDERSON & M D ANDERSON | RESIDENTIAL | $401,500 | 139 ft |
| 2400 GRAND AVE S MINNEAPOLIS MN 55405 | EMMA L MOGENDORFF TRUST | RESIDENTIAL | $343,900 | 160 ft |
| 2325 GRAND AVE S MINNEAPOLIS MN 55405 | KARL ANDERSON | CONDOMINIUM | $98,800 | 160 ft |
| 2325 GRAND AVE S MINNEAPOLIS MN 55405 | NIALL E ROCHE | CONDOMINIUM | $116,500 | 160 ft |
Most Recent Sale
Current Tax Year