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.
2 permits on record since 2019 · $161K total declared value · Most recent: Feb 2024 (roofwind)
BALLMAN ROOFING AND COATING LLC
DEFINITIVE BUILDERS INC
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 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 7,580 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 227 OAK GROVE ST MINNEAPOLIS MN 55403 | GFW PROPERTIES LLC | APARTMENT | $2,750,000 | 99 ft |
| 301 OAK GROVE ST MINNEAPOLIS MN 55403 | SCOTT WILLIAMS/LINDA HALCON | CONDOMINIUM | $335,000 | 144 ft |
| 301 OAK GROVE ST MINNEAPOLIS MN 55403 | MARSHA ZUCKERMAN | CONDOMINIUM | $252,000 | 144 ft |
| 301 OAK GROVE ST MINNEAPOLIS MN 55403 | JON M BERKIN | CONDOMINIUM | $331,000 | 144 ft |
| 301 OAK GROVE ST MINNEAPOLIS MN 55403 | M L BORICH & J A MOOSE | CONDOMINIUM | $233,000 | 144 ft |
| 301 OAK GROVE ST MINNEAPOLIS MN 55403 | MANNING MOTEL INCORPORATED | CONDOMINIUM | $238,000 | 144 ft |
| 301 OAK GROVE ST MINNEAPOLIS MN 55403 | S L KRAMER & B J KRAMER | CONDOMINIUM | $238,000 | 144 ft |
| 301 OAK GROVE ST MINNEAPOLIS MN 55403 | S L PAPROCKI & K M WESLEY | CONDOMINIUM | $334,000 | 144 ft |
| 301 OAK GROVE ST MINNEAPOLIS MN 55403 | VALLIE TRACY | CONDOMINIUM | $232,000 | 144 ft |
| 301 OAK GROVE ST MINNEAPOLIS MN 55403 | ELLEN M FLICK | CONDOMINIUM | $350,000 | 144 ft |
Most Recent Sale
Current Tax Year