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.
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 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 11,416 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2500 PILLSBURY AVE MINNEAPOLIS MN 55404 | THE FELLOWSHIP LLC | RESIDENTIAL | $915,000 | 84 ft |
| 2520 PILLSBURY AVE MINNEAPOLIS MN 55404 | FINE PROPERTIES OF MN LLP | APARTMENT | $2,491,000 | 100 ft |
| 2524 PILLSBURY AVE MINNEAPOLIS MN 55404 | J BENOLKEN II/C T FOX ET AL | RESIDENTIAL | $679,000 | 172 ft |
| 2509 PLEASANT AVE MINNEAPOLIS MN 55404 | D PETERSEN & B SEVERSON | RESIDENTIAL-TWO UNIT | $461,400 | 184 ft |
| 2515 PLEASANT AVE MINNEAPOLIS MN 55404 | 2515 PLEASANT LLC | RESIDENTIAL-TWO UNIT | $447,500 | 189 ft |
| 2505 PLEASANT AVE MINNEAPOLIS MN 55404 | M J ARSENAULT & C A MARKUSEN | RESIDENTIAL | $452,300 | 191 ft |
| 2517 PLEASANT AVE MINNEAPOLIS MN 55404 | CLAYTON E SCHIRMER REV TRUST | RESIDENTIAL-TWO UNIT | $495,200 | 203 ft |
| 2501 PLEASANT AVE MINNEAPOLIS MN 55404 | MATTHEW HARMON & N E SHAWVER | RESIDENTIAL | $276,800 | 207 ft |
| 2528 PILLSBURY AVE MINNEAPOLIS MN 55404 | ANNE AINOMAE | RESIDENTIAL | $552,000 | 217 ft |
| 2521 PLEASANT AVE MINNEAPOLIS MN 55404 | POSITIVE DEVELOPMENTS LLC | RESIDENTIAL-TWO UNIT | $527,000 | 225 ft |
Most Recent Sale
Current Tax Year