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.
5 permits on record since 2022 · $30K total declared value · Most recent: Dec 2024 (remodel)
Innovative Basement Authority
Standard Heating and Air Conditioning Inc
R & R Roofing INC
CenterPoint Energy Resource Corp
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 1070
Zip code 55408
Source: Redfin Data Center (Invalid Date) · Zip 55408
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 4,361 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2621 PLEASANT AVE MINNEAPOLIS MN 55408 | 2621 PLEASANT LLC | APARTMENT | $1,116,000 | 45 ft |
| 2627 PLEASANT AVE MINNEAPOLIS MN 55408 | JOANNE HOWARD | RESIDENTIAL-TWO UNIT | $470,600 | 90 ft |
| 2611 PLEASANT AVE MINNEAPOLIS MN 55408 | VILLA NOVA PRESERVATN JV LLC | APARTMENT | $4,047,000 | 106 ft |
| 2633 PLEASANT AVE MINNEAPOLIS MN 55408 | AREH 2633 PLEASANT LLC | APARTMENT | $2,011,000 | 157 ft |
| 2601 PLEASANT AVE MINNEAPOLIS MN 55408 | JERALD L THOMPSON | RESIDENTIAL | $550,000 | 168 ft |
| 2616 PILLSBURY AVE MINNEAPOLIS MN 55408 | DANICA MCDONALD & CONNOR BYE | RESIDENTIAL | $485,400 | 185 ft |
| 2612 PILLSBURY AVE MINNEAPOLIS MN 55408 | 2612 LLC | APARTMENT | $743,000 | 190 ft |
| 213 26TH ST W MINNEAPOLIS MN 55404 | JOSH H RANTA | RESIDENTIAL-TWO UNIT | $348,600 | 200 ft |
| 2620 PILLSBURY AVE MINNEAPOLIS MN 55408 | CITY FLATS LTD PARTNERSHIP | LOW INCOME RENTAL | $2,484,000 | 202 ft |
| 2608 PILLSBURY AVE MINNEAPOLIS MN 55408 | WEST EDGE INVESTMENTS LLC | APARTMENT | $669,000 | 206 ft |
Most Recent Sale
Current Tax Year