ParcelLens
Property Intelligence · Twin Cities
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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 ↗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 ↗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 ↗Signals are based on public datasets; program eligibility requires verification.
3 permits on record since 2018 · $48K total declared value · Most recent: Jun 2021 (remodel)
CEDAR CREEK ENERGY CORP
Jayhawk Mechanical Inc
PAUL DAVIS RESTORATION OF GREATER ST PAUL
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Loring Park · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1052.04
Zip code 55403
Source: Redfin Data Center (Invalid Date) · Zip 55403
Most Recent Sale
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1424 SPRUCE PL MINNEAPOLIS MN 55403 | GORMAN PARK PROPERTIES LLLP | VACANT LAND-APARTMENT | $524,300 | 100 ft |
| 1430 SPRUCE PL MINNEAPOLIS MN 55403 | GORMAN PARK PROPERTIES LLLP | APARTMENT | $3,850,000 | 114 ft |
| 1409 WILLOW ST MINNEAPOLIS MN 55403 | 1409 WILLOW ASSOCIATES LLC | COMMERCIAL-NON PREFERRED | $2,020,500 | 115 ft |
| 1400 SPRUCE PL MINNEAPOLIS MN 55403 | GFW PROPERTIES LLC | APARTMENT | $3,420,000 | 208 ft |
| 219 15TH ST W MINNEAPOLIS MN 55403 | GRENDAHL PARK III LLC | VACANT LAND-APARTMENT | $394,800 | 214 ft |
| 209 15TH ST W MINNEAPOLIS MN 55403 | GORMAN PARK PROPERTIES LLLP | APARTMENT | $1,475,000 | 215 ft |
| 1401 WILLOW ST MINNEAPOLIS MN 55403 | ADVANCE REALTY INC | CONDOMINIUM | $195,000 | 223 ft |
| 1401 WILLOW ST MINNEAPOLIS MN 55403 | ADVANCE REALTY INC | CONDOMINIUM | $197,000 | 223 ft |
| 1401 WILLOW ST MINNEAPOLIS MN 55403 | ADVANCE REALTY INC | CONDOMINIUM | $195,000 | 223 ft |
| 1401 WILLOW ST MINNEAPOLIS MN 55403 | ADVANCE REALTY INC | CONDOMINIUM | $197,000 | 223 ft |