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 ↗Signals are based on public datasets; program eligibility requires verification.
No permits found in Minneapolis open data for this parcel.
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
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 4,801 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 343 OAK GROVE ST MINNEAPOLIS MN 55403 | VUE APARTMENTS LLC | APARTMENT | $4,634,300 | 55 ft |
| 403 OAK GROVE ST MINNEAPOLIS MN 55403 | VUE APARTMENTS LLC | APARTMENT | $4,634,300 | 105 ft |
| 333 OAK GROVE ST MINNEAPOLIS MN 55403 | DAVID J LUNDSTROM | APARTMENT | $4,449,000 | 125 ft |
| 400 CLIFTON AVE MINNEAPOLIS MN 55403 | THE ARCHITECTURAL ALLIANCE | COMMERCIAL-PREFERRED | $2,376,200 | 136 ft |
| 409 OAK GROVE ST MINNEAPOLIS MN 55403 | VUE APARTMENTS LLC | APARTMENT | $4,634,300 | 155 ft |
| 322 CLIFTON AVE MINNEAPOLIS MN 55403 | THE CLIFTON LLC | APARTMENT | $1,440,000 | 182 ft |
| 404 CLIFTON AVE MINNEAPOLIS MN 55403 | THE ARCHITECTURAL ALLIANCE | LAND-COMMERCIAL | $311,500 | 200 ft |
| 410 CLIFTON AVE MINNEAPOLIS MN 55403 | ALAIN BINA-KASHANI | RESIDENTIAL | $1,018,600 | 227 ft |
| 344 OAK GROVE ST MINNEAPOLIS MN 55403 | WOMENS CLUB OF MPLS | COMMUNITY ORG NON REVENUE | $1,067,600 | 228 ft |
| 401 OAK GROVE ST MINNEAPOLIS MN 55403 | VUE APARTMENTS LLC | APARTMENT | $9,985,300 | 234 ft |
Most Recent Sale
Current Tax Year