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.
1 permit on record since 2001 · $813K total declared value · Most recent: Jan 2001 (binb)
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 4,824 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2440 BLAISDELL AVE MINNEAPOLIS MN 55404 | MICHAEL BRUNO/ELIZABETH ZACK | RESIDENTIAL-TWO UNIT | $594,400 | 49 ft |
| 2426 BLAISDELL AVE MINNEAPOLIS MN 55404 | ALAN L RUBEL REV TRUST | APARTMENT | $3,381,000 | 69 ft |
| 2444 BLAISDELL AVE MINNEAPOLIS MN 55404 | DHAWAN FAM QUAL SP TR ET AL | TRIPLEX | $690,200 | 100 ft |
| 2420 BLAISDELL AVE MINNEAPOLIS MN 55404 | JOHN AUDET & SARAH AUDET | RESIDENTIAL-TWO UNIT | $473,900 | 144 ft |
| 2448 BLAISDELL AVE MINNEAPOLIS MN 55404 | MNELSON REVOCABLE TRUST | TRIPLEX | $701,400 | 152 ft |
| 2435 PILLSBURY AVE MINNEAPOLIS MN 55404 | 24TH PILLSBURY ASSOC LLC | APARTMENT | $4,055,000 | 188 ft |
| 2443 PILLSBURY AVE MINNEAPOLIS MN 55404 | ALAN L RUBEL REV TRUST | APARTMENT | $3,384,000 | 196 ft |
| 2449 BLAISDELL AVE MINNEAPOLIS MN 55404 | ANNABELLE NICHOLS | TOWNHOUSE | $240,800 | 222 ft |
| 2416 BLAISDELL AVE MINNEAPOLIS MN 55404 | 2416 BLAISDELL COMPANY | APARTMENT | $2,800,000 | 223 ft |
| 2451 BLAISDELL AVE MINNEAPOLIS MN 55404 | HERTZ PROPERTIES LLC | TOWNHOUSE | $204,400 | 230 ft |
Most Recent Sale
Current Tax Year