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 2017 · $115K total declared value · Most recent: Nov 2024 (commercial minor)
LIBERTY PLUMBING CO LLC
LIBERTY PLUMBING CO LLC
DORGLASS 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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 3,342 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 18 15TH ST W MINNEAPOLIS MN 55403 | CP4 HARLO LLC | APARTMENT | $7,456,000 | 82 ft |
| 1417 LASALLE AVE MINNEAPOLIS MN 55403 | THE COMMODORE LLC | APARTMENT | $2,750,000 | 110 ft |
| 12 15TH ST W MINNEAPOLIS MN 55403 | CP4 HARLO LLC | APARTMENT | $4,014,000 | 156 ft |
| 1501 LASALLE AVE MINNEAPOLIS MN 55403 | THE PARKWAY LLC | APARTMENT | $5,362,000 | 192 ft |
| 19 15TH ST W MINNEAPOLIS MN 55403 | MN SOCIAL LLC | COMMERCIAL-PREFERRED | $485,400 | 203 ft |
| 17 15TH ST W MINNEAPOLIS MN 55403 | MN SOCIAL LLC | COMMERCIAL-PREFERRED | $200,100 | 222 ft |
| 1400 NICOLLET AVE MINNEAPOLIS MN 55403 | KC MARQUEE APARTMENTS LLC | APARTMENT | $40,790,000 | 229 ft |
| 21 14TH ST W MINNEAPOLIS MN 55403 | KENSINGTON APARTMENTS LLP | APARTMENT | $2,000,000 | 232 ft |
| 1424 NICOLLET AVE MINNEAPOLIS MN 55403 | PERCANSKY PROPERTIES LLC | COMMERCIAL-PREFERRED | $849,800 | 237 ft |
| 1500 LASALLE AVE MINNEAPOLIS MN 55403 | BUCKINGHAM TERRACE LLC | APARTMENT | $9,474,800 | 261 ft |
Most Recent Sale
Current Tax Year