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 2018 · Most recent: Dec 2018 (res)
CENTERPOINT ENERGY
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 7,486 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2718 PILLSBURY AVE MINNEAPOLIS MN 55408 | SIBET RENOVATIONS LLC | TRIPLEX | $523,000 | 58 ft |
| 2728 PILLSBURY AVE MINNEAPOLIS MN 55408 | HERMACH INVESTMENTS LLC | APARTMENT | $365,000 | 66 ft |
| 2732 PILLSBURY AVE MINNEAPOLIS MN 55408 | JULIETA PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $583,000 | 121 ft |
| 2712 PILLSBURY AVE MINNEAPOLIS MN 55408 | HORNIG D & J LTD PARTNERSHIP | APARTMENT | $1,811,000 | 125 ft |
| 2725 PLEASANT AVE MINNEAPOLIS MN 55408 | 2725 LLC | APARTMENT | $1,806,000 | 185 ft |
| 2738 PILLSBURY AVE MINNEAPOLIS MN 55408 | 2750 PILLSBURY LLC | LOW INCOME RENTAL | $1,690,000 | 190 ft |
| 2717 PLEASANT AVE MINNEAPOLIS MN 55408 | V SINGH & A SINGH | CONDOMINIUM | $174,000 | 193 ft |
| 2704 PILLSBURY AVE MINNEAPOLIS MN 55408 | KATHERINE FUNK & ALEX E FUNK | TRIPLEX | $696,300 | 193 ft |
| 2717 PLEASANT AVE MINNEAPOLIS MN 55408 | MATT SANDY/SARA MCCRACKEN | CONDOMINIUM | $174,000 | 193 ft |
| 2717 PLEASANT AVE MINNEAPOLIS MN 55408 | CHRISTOPHER ALLEN ET AL | CONDOMINIUM | $174,000 | 193 ft |
Most Recent Sale
Current Tax Year