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.
1 permit on record since 2024 · Most recent: Oct 2024 (commercial minor)
Michels Utility Services 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 4,123 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 | 54 ft |
| 115 GRANT ST W MINNEAPOLIS MN 55403 | KHOSA BEVERAGE INC | COMMERCIAL-PREFERRED | $1,112,500 | 67 ft |
| 125 GRANT ST W MINNEAPOLIS MN 55403 | MN BROWNSTONES LLC | APARTMENT | $3,150,000 | 109 ft |
| 1365 SPRUCE PL MINNEAPOLIS MN 55403 | SPRUCE PLACE APTS L L P | APARTMENT | $2,700,000 | 113 ft |
| 101 GRANT ST W MINNEAPOLIS MN 55403 | HIGH 5 LLC | COMMERCIAL-PREFERRED | $791,900 | 148 ft |
| 1362 LASALLE AVE MINNEAPOLIS MN 55403 | LITTLE NUGGETS HOLDINGS LLC | COMMERCIAL-NON PREFERRED | $812,000 | 148 ft |
| 1368 LASALLE AVE MINNEAPOLIS MN 55403 | MN LPM APARTMENTS LLC | APARTMENT | $64,490,000 | 200 ft |
| 108 GRANT ST W MINNEAPOLIS MN 55403 | CITY OF MPLS | LAND-COMMERCIAL | $0 | 228 ft |
| 1346 LASALLE AVE MINNEAPOLIS MN 55403 | AEON PRESERVATION LP | LOW INCOME RENTAL | $7,650,000 | 253 ft |
| 1367 WILLOW ST MINNEAPOLIS MN 55403 | EITEL APARTMENTS LLC | APARTMENT | $33,420,000 | 312 ft |
Most Recent Sale
Current Tax Year