ParcelLens
Property Intelligence · Twin Cities
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In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.
Minneapolis — Affordable Housing Trust Fund ↗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 ↗Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.
Minneapolis Great Streets — Gap Financing ↗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.
2 permits on record since 2017 · $33K total declared value · Most recent: Jan 2023 (res)
CenterPoint Energy Resource Corp
JAYHAWK MECHANICAL 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 1070
Zip code 55408
Source: Redfin Data Center (Invalid Date) · Zip 55408
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 4,187 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2606 PLEASANT AVE MINNEAPOLIS MN 55408 | JOSEPHINE A MUSUMECI | RESIDENTIAL | $275,200 | 51 ft |
| 2608 PLEASANT AVE MINNEAPOLIS MN 55408 | JAMES J THOMSON | RESIDENTIAL-TWO UNIT | $427,600 | 92 ft |
| 2614 PLEASANT AVE MINNEAPOLIS MN 55408 | S D MANNING & A DELFIACCO | RESIDENTIAL | $303,800 | 131 ft |
| 2548 PLEASANT AVE MINNEAPOLIS MN 55404 | PLEASANT AVENUE LLC | APARTMENT | $467,000 | 135 ft |
| 2601 PLEASANT AVE MINNEAPOLIS MN 55408 | JERALD L THOMPSON | RESIDENTIAL | $550,000 | 164 ft |
| 2618 PLEASANT AVE MINNEAPOLIS MN 55408 | STUART D MANNING | RESIDENTIAL-TWO UNIT | $403,900 | 171 ft |
| 2544 PLEASANT AVE MINNEAPOLIS MN 55404 | WILLOW & BROOK INVSTMNTS LLC | RESIDENTIAL | $383,000 | 183 ft |
| 2551 GRAND AVE S MINNEAPOLIS MN 55405 | ANDREW J MCDERMOTT III | TRIPLEX | $525,800 | 189 ft |
| 2622 PLEASANT AVE MINNEAPOLIS MN 55408 | C B M ROGERS & E A ANDERSON | RESIDENTIAL | $519,700 | 212 ft |
| 2545 GRAND AVE S MINNEAPOLIS MN 55405 | POSITIVE DEVELOPMENTS LLC | RESIDENTIAL-TWO UNIT | $402,000 | 225 ft |
Most Recent Sale
Current Tax Year