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 ↗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.
5 permits on record since 2019 · $15K total declared value · Most recent: Mar 2024 (misc)
Options Exteriors
CenterPoint Energy Resource Corp
Standard Heating and Air Conditioning Inc
BEISSEL WINDOW & SIDING
Warners Stellian Co 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
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 2,510 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2608 PLEASANT AVE MINNEAPOLIS MN 55408 | JAMES J THOMSON | RESIDENTIAL-TWO UNIT | $427,600 | 40 ft |
| 2600 PLEASANT AVE MINNEAPOLIS MN 55408 | 2600 PLEASANT LLC | APARTMENT | $2,350,000 | 51 ft |
| 2614 PLEASANT AVE MINNEAPOLIS MN 55408 | S D MANNING & A DELFIACCO | RESIDENTIAL | $303,800 | 80 ft |
| 2618 PLEASANT AVE MINNEAPOLIS MN 55408 | STUART D MANNING | RESIDENTIAL-TWO UNIT | $403,900 | 120 ft |
| 2622 PLEASANT AVE MINNEAPOLIS MN 55408 | C B M ROGERS & E A ANDERSON | RESIDENTIAL | $519,700 | 160 ft |
| 2601 PLEASANT AVE MINNEAPOLIS MN 55408 | JERALD L THOMPSON | RESIDENTIAL | $550,000 | 168 ft |
| 2548 PLEASANT AVE MINNEAPOLIS MN 55404 | PLEASANT AVENUE LLC | APARTMENT | $467,000 | 187 ft |
| 2551 GRAND AVE S MINNEAPOLIS MN 55405 | ANDREW J MCDERMOTT III | TRIPLEX | $525,800 | 228 ft |
| 2611 PLEASANT AVE MINNEAPOLIS MN 55408 | VILLA NOVA PRESERVATN JV LLC | APARTMENT | $4,047,000 | 233 ft |
| 2544 PLEASANT AVE MINNEAPOLIS MN 55404 | WILLOW & BROOK INVSTMNTS LLC | RESIDENTIAL | $383,000 | 235 ft |
Current Tax Year