ParcelLens
Property Intelligence · Twin Cities
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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 ↗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 ↗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.
No permits found in Minneapolis open data for this parcel.
Loring Park · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1056
Zip code 55403
Source: Redfin Data Center (Invalid Date) · Zip 55403
Residential Mixed-Use 2 — medium-density mixed 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 7,445 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 200 OAK GROVE ST MINNEAPOLIS MN 55403 | C DAVID GEORGE | APARTMENT | $1,900,000 | 72 ft |
| 214 OAK GROVE ST MINNEAPOLIS MN 55403 | MN BROWNSTONES LLC | APARTMENT | $2,350,000 | 78 ft |
| 1518 SPRUCE PL MINNEAPOLIS MN 55403 | LORING MANOR L L P | APARTMENT | $1,925,000 | 103 ft |
| 218 OAK GROVE ST MINNEAPOLIS MN 55403 | WM & D RAHN | APARTMENT | $2,736,000 | 131 ft |
| 1512 SPRUCE PL MINNEAPOLIS MN 55403 | LORING MANOR LLP | APARTMENT | $1,925,000 | 167 ft |
| 1528 SPRUCE PL MINNEAPOLIS MN 55403 | GFW PROPERTIES LLC | VACANT LAND-APARTMENT | $806,300 | 202 ft |
| 1526 SPRUCE PL MINNEAPOLIS MN 55403 | GFW PROPERTIES LLC | VACANT LAND-APARTMENT | $63,200 | 212 ft |
| 230 OAK GROVE ST MINNEAPOLIS MN 55403 | OAK GROVE APT HOTEL LLP | APARTMENT | $9,200,000 | 232 ft |
| 215 OAK GROVE ST MINNEAPOLIS MN 55403 | GROVE ESTATES LLC | APARTMENT | $20,100,000 | 242 ft |
| 131 OAK GROVE ST MINNEAPOLIS MN 55403 | PAUL MITTELSTADT | RESIDENTIAL | $1,105,200 | 245 ft |
Current Tax Year