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.
6 permits on record since 2002 · $25.3M total declared value · Most recent: Jul 2014 (building re-inspection)
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
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 |
|---|---|---|---|---|
| 419 OAK GROVE ST MINNEAPOLIS MN 55403 | DAVID S EVINGER/LYNN EVINGER | CONDOMINIUM | $659,000 | 208 ft |
| 1600 CLIFTON PL MINNEAPOLIS MN 55403 | KIMBERLY RAKOS | CONDOMINIUM | $707,000 | 208 ft |
| MN | Unknown | — | — | 208 ft |
| 425 OAK GROVE ST MINNEAPOLIS MN 55403 | ATLAS RENTAL LLC | RESIDENTIAL | $1,226,700 | 211 ft |
| 410 OAK GROVE ST MINNEAPOLIS MN 55403 | WOMANS CLUB OF MPLS | COMMERCIAL-PREFERRED | $3,027,100 | 219 ft |
| 401 OAK GROVE ST MINNEAPOLIS MN 55403 | VUE APARTMENTS LLC | APARTMENT | $9,985,300 | 239 ft |
| 409 OAK GROVE ST MINNEAPOLIS MN 55403 | VUE APARTMENTS LLC | APARTMENT | $4,634,300 | 285 ft |
| 416 CLIFTON AVE MINNEAPOLIS MN 55403 | VUE APARTMENTS LLC | VACANT LAND-APARTMENT | $161,900 | 317 ft |
| 403 OAK GROVE ST MINNEAPOLIS MN 55403 | VUE APARTMENTS LLC | APARTMENT | $4,634,300 | 320 ft |
| 344 OAK GROVE ST MINNEAPOLIS MN 55403 | WOMENS CLUB OF MPLS | COMMUNITY ORG NON REVENUE | $1,067,600 | 343 ft |