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.
5 permits on record since 2019 · $45K total declared value · Most recent: Aug 2024 (existres)
Standard Heating and Air Conditioning Inc
ARDMOR CONSTRUCTION
ARDMOR CONSTRUCTION
CenterPoint Energy Resource Corp
Urban Pine Plumbing and Mechanical Inc
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 4,302 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2727 GRAND AVE S MINNEAPOLIS MN 55408 | MATTHEW KESSLER | RESIDENTIAL | $367,600 | 58 ft |
| 2741 GRAND AVE S MINNEAPOLIS MN 55408 | VILLA NOVA PRESERVATN JV LLC | APARTMENT | $1,662,000 | 77 ft |
| 2725 GRAND AVE S MINNEAPOLIS MN 55408 | AMY A FITZGERALD | RESIDENTIAL | $261,000 | 103 ft |
| 2740 PLEASANT AVE MINNEAPOLIS MN 55408 | 2740 PLEASANT LLC | APARTMENT | $1,720,000 | 130 ft |
| 2723 GRAND AVE S MINNEAPOLIS MN 55408 | PETRA BORGAN | RESIDENTIAL | $196,100 | 141 ft |
| 2730 PLEASANT AVE MINNEAPOLIS MN 55408 | NEIRBO HOLDINGS LLC | RESIDENTIAL-TWO UNIT | $405,900 | 146 ft |
| 2746 PLEASANT AVE MINNEAPOLIS MN 55408 | SOUTHSIDE COMMUNITY L P | LOW INCOME RENTAL | $1,104,000 | 161 ft |
| 2726 PLEASANT AVE MINNEAPOLIS MN 55408 | J B NILAND & E E NERUD | RESIDENTIAL-TWO UNIT | $507,100 | 170 ft |
| 2719 GRAND AVE S MINNEAPOLIS MN 55408 | MATT CAVIS | RESIDENTIAL-TWO UNIT | $369,100 | 179 ft |
| 2732 GRAND AVE S MINNEAPOLIS MN 55408 | BRIAN CRONEN | CONDOMINIUM | $100,000 | 192 ft |
Most Recent Sale
Current Tax Year