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 ↗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.
7 permits on record since 2018 · $125K total declared value · Most recent: Dec 2022 (res)
BONFES PLUMBING HEATING AND AIR SERVICE INC
Water Heaters Now Inc
CenterPoint Energy Resource Corp
Matrix HVAC Inc
Hilliard Heating & Cooling 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 1,883 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2723 GRAND AVE S MINNEAPOLIS MN 55408 | PETRA BORGAN | RESIDENTIAL | $196,100 | 39 ft |
| 2727 GRAND AVE S MINNEAPOLIS MN 55408 | MATTHEW KESSLER | RESIDENTIAL | $367,600 | 45 ft |
| 2719 GRAND AVE S MINNEAPOLIS MN 55408 | MATT CAVIS | RESIDENTIAL-TWO UNIT | $369,100 | 76 ft |
| 2733 GRAND AVE S MINNEAPOLIS MN 55408 | J R SCHWARTZ & P E CLARKE | RESIDENTIAL | $372,400 | 103 ft |
| 2715 GRAND AVE S MINNEAPOLIS MN 55408 | BARRY D HOLLINS | RESIDENTIAL | $399,000 | 125 ft |
| 2726 PLEASANT AVE MINNEAPOLIS MN 55408 | J B NILAND & E E NERUD | RESIDENTIAL-TWO UNIT | $507,100 | 130 ft |
| 2730 PLEASANT AVE MINNEAPOLIS MN 55408 | NEIRBO HOLDINGS LLC | RESIDENTIAL-TWO UNIT | $405,900 | 134 ft |
| 2724 PLEASANT AVE MINNEAPOLIS MN 55408 | LUCAS BRANDT/JESSICA BRANDT | RESIDENTIAL-TWO UNIT | $496,700 | 140 ft |
| 2720 PLEASANT AVE MINNEAPOLIS MN 55408 | EMMANUEL MEBRATU | RESIDENTIAL-TWO UNIT | $491,100 | 162 ft |
| 2740 PLEASANT AVE MINNEAPOLIS MN 55408 | 2740 PLEASANT LLC | APARTMENT | $1,720,000 | 171 ft |
Most Recent Sale
Current Tax Year