ParcelLens
Property Intelligence · Twin Cities
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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.
11 permits on record since 2009 · $6.3M total declared value · Most recent: Feb 2026 (commaj)
South-Town Inc
South-Town Inc
South-Town Inc
St Cloud Refrigeration Inc
Donlar Construction Company
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
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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 431 CLIFTON PL MINNEAPOLIS MN 55403 | ROBERT DANIELS/LORI DANIELS | RESIDENTIAL-TWO UNIT | $661,300 | 162 ft |
| 419 OAK GROVE ST MINNEAPOLIS MN 55403 | DAVID S EVINGER/LYNN EVINGER | CONDOMINIUM | $659,000 | 207 ft |
| 1600 CLIFTON PL MINNEAPOLIS MN 55403 | KIMBERLY RAKOS | CONDOMINIUM | $707,000 | 207 ft |
| MN | Unknown | — | — | 207 ft |
| 421 CLIFTON AVE MINNEAPOLIS MN 55403 | ALAIN BINA-KASHANI | RESIDENTIAL | $1,167,000 | 208 ft |
| 510 GROVELAND AVE MINNEAPOLIS MN 55403 | 510 GROVELAND ASSOC (CO-OP) | COOPERATIVE HOUSING | $17,044,300 | 208 ft |
| 510 GROVELAND AVE MINNEAPOLIS MN 55403 | 510 GROVELAND ASSOC (CO-OP) | COOPERATIVE HOUSING | $317,900 | 208 ft |
| 510 GROVELAND AVE MINNEAPOLIS MN 55403 | 510 GROVELAND ASSOC (CO-OP) | COOPERATIVE HOUSING | $419,100 | 208 ft |
| 510 GROVELAND AVE MINNEAPOLIS MN 55403 | 510 GROVELAND ASSOC (CO-OP) | COOPERATIVE HOUSING | $107,800 | 208 ft |
| 510 GROVELAND AVE MINNEAPOLIS MN 55403 | 510 GROVELAND ASSOC (CO-OP) | COOPERATIVE HOUSING | $271,700 | 208 ft |
Most Recent Sale
Current Tax Year