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.
7 permits on record since 2018 · $45K total declared value · Most recent: Jun 2025 (existres)
TWIN CITY HEATING AND AIR
CAPITAL SIDING AND WINDOWS
CenterPoint Energy Resource Corp
TWIN CITY HEATING AND AIR
Water Heaters Now Inc
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 55404
Source: Redfin Data Center (Invalid Date) · Zip 55404
Urban Neighborhood 2 — moderate-density residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 3,063 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2441 PLEASANT AVE MINNEAPOLIS MN 55404 | S A CARLSON & J O SWECKER | RESIDENTIAL | $725,000 | 57 ft |
| 2439 PLEASANT AVE MINNEAPOLIS MN 55404 | M HAGGERTY & S HAGGERTY | RESIDENTIAL | $746,000 | 106 ft |
| 2501 PLEASANT AVE MINNEAPOLIS MN 55404 | MATTHEW HARMON & N E SHAWVER | RESIDENTIAL | $276,800 | 119 ft |
| 2431 PLEASANT AVE MINNEAPOLIS MN 55404 | M D KIMMEL & H M KIMMEL | RESIDENTIAL | $662,000 | 162 ft |
| 2505 PLEASANT AVE MINNEAPOLIS MN 55404 | M J ARSENAULT & C A MARKUSEN | RESIDENTIAL | $452,300 | 163 ft |
| 2444 PILLSBURY AVE MINNEAPOLIS MN 55404 | XYZ LLC | APARTMENT | $843,000 | 185 ft |
| 2438 PILLSBURY AVE MINNEAPOLIS MN 55404 | KYLE LAMETTI | RESIDENTIAL-TWO UNIT | $489,000 | 202 ft |
| 2509 PLEASANT AVE MINNEAPOLIS MN 55404 | D PETERSEN & B SEVERSON | RESIDENTIAL-TWO UNIT | $461,400 | 208 ft |
| 2427 PLEASANT AVE MINNEAPOLIS MN 55404 | PETER STROM & NAOMI UYAMA | RESIDENTIAL | $469,800 | 218 ft |
| 2434 PILLSBURY AVE MINNEAPOLIS MN 55404 | SUSAN E OVERBY REVOCABLE TR | TRIPLEX | $573,500 | 225 ft |
Most Recent Sale
Current Tax Year