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.
18 permits on record since 2018 · $20.7M total declared value · Most recent: Apr 2026 (commfdrr)
AMERICAN AIR SUPPLY INC
LIBERTY PLUMBING CO LLC
AMERICAN AIR SUPPLY INC
Sabri Properties
AMERICAN AIR SUPPLY 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 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 36,216 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2912 PLEASANT AVE MINNEAPOLIS MN 55408 | AMI ELECTRONICS INC | APARTMENT | $623,400 | 102 ft |
| 2916 PLEASANT AVE MINNEAPOLIS MN 55408 | AMI ELECTRONICS INC | LAND-COMMERCIAL | $197,700 | 111 ft |
| 2922 PLEASANT AVE MINNEAPOLIS MN 55408 | AMI ELECTRONICS INC | RESIDENTIAL-TWO UNIT | $285,700 | 132 ft |
| 2901 GRAND AVE S MINNEAPOLIS MN 55408 | HENNEPIN CO REGIONAL RR AUTH | LAND-COMMERCIAL | $0 | 134 ft |
| 2900 PLEASANT AVE MINNEAPOLIS MN 55408 | HENNEPIN CO REGIONAL RR AUTH | LAND-COMMERCIAL | $0 | 164 ft |
| 2928 PLEASANT AVE MINNEAPOLIS MN 55408 | SABRI PROPERTIES LLC | LAND-COMMERCIAL | $395,400 | 176 ft |
| 2912 GRAND AVE S MINNEAPOLIS MN 55408 | LYNDY APARTMENTS LLC | VACANT LAND-APARTMENT | $1,000 | 217 ft |
| 2916 GRAND AVE S MINNEAPOLIS MN 55408 | CULTIVATE CAPITAL LLC | RESIDENTIAL-TWO UNIT | $308,900 | 223 ft |
| 2932 PLEASANT AVE MINNEAPOLIS MN 55408 | SABRI PROPERTIES LLC | LAND-COMMERCIAL | $173,000 | 226 ft |
| 2920 GRAND AVE S MINNEAPOLIS MN 55408 | CULTIVATE CAPITAL LLC | VACANT LAND-RESIDENTIAL | $116,000 | 235 ft |
Current Tax Year