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.
No permits found in Minneapolis open data for this parcel.
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
Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.
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 |
|---|---|---|---|---|
| 1526 SPRUCE PL MINNEAPOLIS MN 55403 | GFW PROPERTIES LLC | VACANT LAND-APARTMENT | $63,200 | 86 ft |
| 116 OAK GROVE ST MINNEAPOLIS MN 55403 | GFW PROPERTIES LLC | APARTMENT | $2,435,300 | 97 ft |
| 200 OAK GROVE ST MINNEAPOLIS MN 55403 | C DAVID GEORGE | APARTMENT | $1,900,000 | 130 ft |
| 1519 SPRUCE PL MINNEAPOLIS MN 55403 | GFW PROPERTIES INC | VACANT LAND-APARTMENT | $675,200 | 131 ft |
| 1515 SPRUCE PL MINNEAPOLIS MN 55403 | GORMAN PARK PROPERTIES LLLP | APARTMENT | $2,106,000 | 187 ft |
| 208 OAK GROVE ST MINNEAPOLIS MN 55403 | LORING GROVE LLC | VACANT LAND-APARTMENT | $834,100 | 202 ft |
| 1518 SPRUCE PL MINNEAPOLIS MN 55403 | LORING MANOR L L P | APARTMENT | $1,925,000 | 209 ft |
| 1530 LASALLE AVE MINNEAPOLIS MN 55403 | COPENHAGEN-HANSEN FAM LLLP | APARTMENT | $2,259,000 | 219 ft |
| 125 OAK GROVE ST MINNEAPOLIS MN 55403 | LORING GROVE LLC | APARTMENT | $4,415,700 | 221 ft |
| 1536 LASALLE AVE MINNEAPOLIS MN 55403 | COPENHAGEN-HANSEN FAM LLLP | APARTMENT | $2,151,000 | 225 ft |