Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗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 ↗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 ↗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 ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗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.
4 permits on record since 2019 · $33K total declared value · Most recent: Nov 2020 (commercial multi-family)
Erickson Plumbing Heating Cooling Inc
Jayhawk Mechanical Inc
Jayhawk Mechanical Inc
LANGERMAN EXTERIORS 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 4,380 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2817 PLEASANT AVE MINNEAPOLIS MN 55408 | D G ZUMBACH & L M POTTER | RESIDENTIAL-TWO UNIT | $528,200 | 45 ft |
| 2809 PLEASANT AVE MINNEAPOLIS MN 55408 | AREH 2809 PLEASANT LLC | APARTMENT | $1,872,000 | 67 ft |
| 2821 PLEASANT AVE MINNEAPOLIS MN 55408 | ARLENE LYDIA BIRT | RESIDENTIAL-TWO UNIT | $417,500 | 90 ft |
| 2801 PLEASANT AVE MINNEAPOLIS MN 55408 | MATTHEW CHARTRAND | RESIDENTIAL-TWO UNIT | $339,600 | 141 ft |
| 223 28TH ST W MINNEAPOLIS MN 55408 | D LOCKBEAM & J WOODWARD | CONDOMINIUM | $270,000 | 141 ft |
| 225 28TH ST W MINNEAPOLIS MN 55408 | JOSEPH KEARNEY | CONDOMINIUM | $266,000 | 141 ft |
| 227 28TH ST W MINNEAPOLIS MN 55408 | MICHAEL JOHN GRIMM | CONDOMINIUM | $270,000 | 141 ft |
| MN | Unknown | — | — | 141 ft |
| 2825 PLEASANT AVE MINNEAPOLIS MN 55408 | S CHARLTON & T N CHARLTON | RESIDENTIAL | $200,300 | 142 ft |
| 218 29TH ST W MINNEAPOLIS MN 55408 | MARCON LLC | RESIDENTIAL | $222,900 | 158 ft |
Most Recent Sale
Current Tax Year