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.
3 permits on record since 2017 · $51K total declared value · Most recent: Apr 2020 (roofwind)
ASSOCIATED EXTERIORS INC
CENTERPOINT ENERGY
Master Mechanical 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 1052.04
Zip code 55403
Source: Redfin Data Center (Invalid Date) · Zip 55403
Residential Mixed-Use 3 — higher-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 6,961 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 121 GRANT ST W MINNEAPOLIS MN 55403 | MN BROWNSTONES LLC | LOW INCOME RENTAL | $2,500,000 | 99 ft |
| 117 GRANT ST W MINNEAPOLIS MN 55403 | MN BROWNSTONES LLC | APARTMENT | $2,575,000 | 113 ft |
| 125 GRANT ST W MINNEAPOLIS MN 55403 | MN BROWNSTONES LLC | APARTMENT | $3,150,000 | 113 ft |
| 1368 LASALLE AVE MINNEAPOLIS MN 55403 | MN LPM APARTMENTS LLC | APARTMENT | $64,490,000 | 129 ft |
| 115 GRANT ST W MINNEAPOLIS MN 55403 | KHOSA BEVERAGE INC | COMMERCIAL-PREFERRED | $1,112,500 | 156 ft |
| 1362 LASALLE AVE MINNEAPOLIS MN 55403 | LITTLE NUGGETS HOLDINGS LLC | COMMERCIAL-NON PREFERRED | $812,000 | 164 ft |
| 101 GRANT ST W MINNEAPOLIS MN 55403 | HIGH 5 LLC | COMMERCIAL-PREFERRED | $791,900 | 226 ft |
| 1367 WILLOW ST MINNEAPOLIS MN 55403 | EITEL APARTMENTS LLC | APARTMENT | $33,420,000 | 242 ft |
| 108 GRANT ST W MINNEAPOLIS MN 55403 | CITY OF MPLS | LAND-COMMERCIAL | $0 | 335 ft |
| 1400 SPRUCE PL MINNEAPOLIS MN 55403 | GFW PROPERTIES LLC | APARTMENT | $3,420,000 | 362 ft |
Most Recent Sale
Current Tax Year