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.
1 permit on record since 2013 · $206K total declared value · Most recent: Aug 2013 (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 |
|---|---|---|---|---|
| 325 15TH ST W MINNEAPOLIS MN 55403 | GROVE ESTATES LLC | VACANT LAND-APARTMENT | $733,700 | 94 ft |
| 303 15TH ST W MINNEAPOLIS MN 55403 | LORING 307 LLC | APARTMENT | $2,800,000 | 103 ft |
| 316 OAK GROVE ST MINNEAPOLIS MN 55403 | LO1 LLC | APARTMENT | $8,140,000 | 139 ft |
| 320 OAK GROVE ST MINNEAPOLIS MN 55403 | GROVE ESTATES LLC | VACANT LAND-APARTMENT | $919,800 | 165 ft |
| 306 OAK GROVE ST MINNEAPOLIS MN 55403 | 306 OAK GROVE LLC | APARTMENT | $2,944,000 | 174 ft |
| 233 15TH ST W MINNEAPOLIS MN 55403 | LORING 307 LLC | APARTMENT | $468,200 | 185 ft |
| 330 OAK GROVE ST MINNEAPOLIS MN 55403 | GROVE ESTATES LLC | APARTMENT | $8,246,500 | 207 ft |
| 248 OAK GROVE ST MINNEAPOLIS MN 55403 | OAK GROVE APT HOTEL LLP | VACANT LAND-APARTMENT | $936,200 | 217 ft |
| 225 15TH ST W MINNEAPOLIS MN 55403 | GRENDAHL PARK III LLC | APARTMENT | $3,499,000 | 248 ft |
| 344 OAK GROVE ST MINNEAPOLIS MN 55403 | WOMENS CLUB OF MPLS | COMMUNITY ORG NON REVENUE | $1,067,600 | 287 ft |