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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Lot dimensions are insufficient for the standard setbacks shown.
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 |
|---|---|---|---|---|
| 401 GROVELAND AVE MINNEAPOLIS MN 55403 | GROVELAND LLC | COMMERCIAL-PREFERRED | $801,000 | 156 ft |
| 511 GROVELAND AVE MINNEAPOLIS MN 55403 | HENN AV UNITED METHODIST CH | COMMERCIAL-PREFERRED | $0 | 285 ft |
| 317 GROVELAND AVE MINNEAPOLIS MN 55403 | JEFFERY L ORGEL | CONDOMINIUM | $435,000 | 328 ft |
| 317 GROVELAND AVE MINNEAPOLIS MN 55403 | RONALD E BERG | CONDOMINIUM | $447,000 | 328 ft |
| 317 GROVELAND AVE MINNEAPOLIS MN 55403 | BILLIE JO SCALLEN | CONDOMINIUM | $383,000 | 328 ft |
| 317 GROVELAND AVE MINNEAPOLIS MN 55403 | EICHLERSMITH FAM REV TRUST | CONDOMINIUM | $462,000 | 328 ft |
| 317 GROVELAND AVE MINNEAPOLIS MN 55403 | CARL L SCHMITZER IV | CONDOMINIUM | $239,000 | 328 ft |
| 317 GROVELAND AVE MINNEAPOLIS MN 55403 | PHILIP/MICHELLE MORRISON TR | CONDOMINIUM | $345,000 | 328 ft |
| 317 GROVELAND AVE MINNEAPOLIS MN 55403 | ROBERT J STRAUSS | CONDOMINIUM | $290,000 | 328 ft |
| 317 GROVELAND AVE MINNEAPOLIS MN 55403 | KIARA GALLAGHER | CONDOMINIUM | $234,000 | 328 ft |
Most Recent Sale
Current Tax Year