Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.
Minneapolis — Brownfield Grants ↗Signals are based on public datasets; program eligibility requires verification.
6 permits on record since 2008 · $18.3M total declared value · Most recent: May 2012 (building re-inspection)
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 77
Zip code 55408
Source: Redfin Data Center (Invalid Date) · Zip 55408
Urban Neighborhood 3 — medium-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 3-story wood frame (5–12 units) benchmarks for 47,792 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2826 PLEASANT AVE MINNEAPOLIS MN 55408 | L J HAMANN/P M HAMANN ET AL | CONDOMINIUM | $150,800 | 146 ft |
| 2826 PLEASANT AVE MINNEAPOLIS MN 55408 | REID MADDEN | CONDOMINIUM | $150,800 | 146 ft |
| 2826 PLEASANT AVE MINNEAPOLIS MN 55408 | P J LEDOUX & K A LEDOUX | CONDOMINIUM | $151,800 | 146 ft |
| 2826 PLEASANT AVE MINNEAPOLIS MN 55408 | FELIX I BECERRA | CONDOMINIUM | $151,800 | 146 ft |
| 2826 PLEASANT AVE MINNEAPOLIS MN 55408 | L J HAMANN/P M HAMANN ET AL | CONDO GARAGE/MISCELLANEOUS | $11,400 | 146 ft |
| 2826 PLEASANT AVE MINNEAPOLIS MN 55408 | FELIX I BECERRA | CONDO GARAGE/MISCELLANEOUS | $11,400 | 146 ft |
| 2826 PLEASANT AVE MINNEAPOLIS MN 55408 | P J LEDOUX & K A LEDOUX | CONDO GARAGE/MISCELLANEOUS | $11,400 | 146 ft |
| MN | Unknown | — | — | 146 ft |
| 2820 PLEASANT AVE MINNEAPOLIS MN 55408 | DONOVAN L WALKER | APARTMENT | $612,000 | 190 ft |
| 2817 GRAND AVE S MINNEAPOLIS MN 55408 | D G AMIRAHMADI/S AMIRAHMADI | RESIDENTIAL-TWO UNIT | $318,000 | 207 ft |
Current Tax Year