On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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 ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.
Minneapolis — Brownfield Grants ↗Signals are based on public datasets; program eligibility requires verification.
No permits found in Minneapolis open data for this parcel.
Steven's Square - Loring Heights · 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
Urban Neighborhood 2 — moderate-density 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 small multifamily (2–4 units, wood frame) benchmarks for 2,756 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 606 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | E M HOKANSON & K P HOKANSON | RESIDENTIAL-TWO UNIT | $591,100 | 48 ft |
| 1915 LYNDALE AVE S MINNEAPOLIS MN 55403 | 1915 LYNDALE HOLDING LLC | COMMERCIAL-PREFERRED | $1,168,000 | 71 ft |
| 1923 LYNDALE AVE S MINNEAPOLIS MN 55403 | STATE HIGHWAY DEPT | LAND-COMMERCIAL | $0 | 75 ft |
| 600 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | LEEJA MILLER | TRIPLEX | $586,700 | 96 ft |
| 1907 LYNDALE AVE S MINNEAPOLIS MN 55403 | JW GANT INVESTMENTS LLC | APARTMENT | $1,111,000 | 106 ft |
| 606 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | RIDGEWOOD AVE LLC | VACANT LAND-APARTMENT | $97,000 | 119 ft |
| 524 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | GEETANJALI & SHIVA MITTAL | RESIDENTIAL | $422,000 | 147 ft |
| 1901 LYNDALE AVE S MINNEAPOLIS MN 55403 | LYNDALE BUILDING LLC | APARTMENT | $1,203,000 | 157 ft |
| 522 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | DEANNA MARIE GINTER | CONDOMINIUM | $139,000 | 194 ft |
| 522 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | JOHN MICHAEL HITZELBERGER | CONDOMINIUM | $139,000 | 194 ft |
Most Recent Sale
Current Tax Year