ParcelLens
Property Intelligence · Twin Cities
Loading property data…
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.
7 permits on record since 2002 · $225K total declared value · Most recent: Sep 2019 (remodel)
Advanced Construction Services LLC
Advanced Construction Services LLC
Advanced Construction Services LLC
BURNOMATIC
Equity Residentl Holdings LLC
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.
Back-of-envelope estimate based on 5-over-1 podium (12–50 units) benchmarks for 8,993 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 306 OAK GROVE ST MINNEAPOLIS MN 55403 | 306 OAK GROVE LLC | APARTMENT | $2,944,000 | 100 ft |
| 320 OAK GROVE ST MINNEAPOLIS MN 55403 | GROVE ESTATES LLC | VACANT LAND-APARTMENT | $919,800 | 108 ft |
| 315 15TH ST W MINNEAPOLIS MN 55403 | LORING DGS LLC | APARTMENT | $2,780,000 | 139 ft |
| 248 OAK GROVE ST MINNEAPOLIS MN 55403 | OAK GROVE APT HOTEL LLP | VACANT LAND-APARTMENT | $936,200 | 171 ft |
| 325 15TH ST W MINNEAPOLIS MN 55403 | GROVE ESTATES LLC | VACANT LAND-APARTMENT | $733,700 | 171 ft |
| 303 15TH ST W MINNEAPOLIS MN 55403 | LORING 307 LLC | APARTMENT | $2,800,000 | 180 ft |
| 315 OAK GROVE ST MINNEAPOLIS MN 55403 | LORING PARK MULTIFAMILY LLC | LAND-COMMERCIAL | $386,400 | 193 ft |
| 317 OAK GROVE ST MINNEAPOLIS MN 55403 | LORING PARK MULTIFAMILY LLC | LAND-COMMERCIAL | $386,400 | 197 ft |
| 307 OAK GROVE ST MINNEAPOLIS MN 55403 | LORING PARK MULTIFAMILY LLC | LAND-COMMERCIAL | $388,800 | 198 ft |
| 330 OAK GROVE ST MINNEAPOLIS MN 55403 | GROVE ESTATES LLC | APARTMENT | $8,246,500 | 205 ft |
Most Recent Sale
Current Tax Year