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 ↗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
Residential Mixed-Use 2 — medium-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 3,275 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 315 OAK GROVE ST MINNEAPOLIS MN 55403 | LORING PARK MULTIFAMILY LLC | LAND-COMMERCIAL | $386,400 | 41 ft |
| 307 OAK GROVE ST MINNEAPOLIS MN 55403 | LORING PARK MULTIFAMILY LLC | LAND-COMMERCIAL | $388,800 | 82 ft |
| 333 OAK GROVE ST MINNEAPOLIS MN 55403 | DAVID J LUNDSTROM | APARTMENT | $4,449,000 | 116 ft |
| 314 CLIFTON AVE MINNEAPOLIS MN 55403 | CLIFTON COURT LLP | COMMERCIAL-PREFERRED | $970,900 | 145 ft |
| 310 CLIFTON AVE MINNEAPOLIS MN 55403 | THEROS REALTY II LLC | COMMERCIAL-PREFERRED | $1,497,600 | 163 ft |
| 322 CLIFTON AVE MINNEAPOLIS MN 55403 | THE CLIFTON LLC | APARTMENT | $1,440,000 | 178 ft |
| 316 OAK GROVE ST MINNEAPOLIS MN 55403 | LO1 LLC | APARTMENT | $8,140,000 | 197 ft |
| 301 OAK GROVE ST MINNEAPOLIS MN 55403 | SCOTT WILLIAMS/LINDA HALCON | CONDOMINIUM | $335,000 | 205 ft |
| 301 OAK GROVE ST MINNEAPOLIS MN 55403 | MARSHA ZUCKERMAN | CONDOMINIUM | $252,000 | 205 ft |
| 301 OAK GROVE ST MINNEAPOLIS MN 55403 | JON M BERKIN | CONDOMINIUM | $331,000 | 205 ft |
Most Recent Sale
Current Tax Year