ParcelLens
Property Intelligence · Twin Cities
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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.
2 permits on record since 2019 · $33K total declared value · Most recent: Oct 2023 (addition)
BELLA ROOFING LLC
TEAM MECHANICAL INC
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 8,764 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 314 CLIFTON AVE MINNEAPOLIS MN 55403 | CLIFTON COURT LLP | COMMERCIAL-PREFERRED | $970,900 | 90 ft |
| 333 OAK GROVE ST MINNEAPOLIS MN 55403 | DAVID J LUNDSTROM | APARTMENT | $4,449,000 | 136 ft |
| 400 CLIFTON AVE MINNEAPOLIS MN 55403 | THE ARCHITECTURAL ALLIANCE | COMMERCIAL-PREFERRED | $2,376,200 | 150 ft |
| 317 OAK GROVE ST MINNEAPOLIS MN 55403 | LORING PARK MULTIFAMILY LLC | LAND-COMMERCIAL | $386,400 | 178 ft |
| 337 OAK GROVE ST MINNEAPOLIS MN 55403 | J & J INVESTMENT CAPITAL LLC | COMMERCIAL-PREFERRED | $886,800 | 182 ft |
| 310 CLIFTON AVE MINNEAPOLIS MN 55403 | THEROS REALTY II LLC | COMMERCIAL-PREFERRED | $1,497,600 | 194 ft |
| 315 OAK GROVE ST MINNEAPOLIS MN 55403 | LORING PARK MULTIFAMILY LLC | LAND-COMMERCIAL | $386,400 | 208 ft |
| 343 OAK GROVE ST MINNEAPOLIS MN 55403 | VUE APARTMENTS LLC | APARTMENT | $4,634,300 | 222 ft |
| 317 CLIFTON AVE MINNEAPOLIS MN 55403 | VAUGHN E FESENMAIER | APARTMENT | $1,013,000 | 224 ft |
| 307 OAK GROVE ST MINNEAPOLIS MN 55403 | LORING PARK MULTIFAMILY LLC | LAND-COMMERCIAL | $388,800 | 241 ft |
Most Recent Sale
Current Tax Year