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.
3 permits on record since 2013 · $105K total declared value · Most recent: Mar 2018 (commercial multi-family)
Freedom Heating and Air Conditioning Inc
Freedom Heating and Air Conditioning 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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
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 |
|---|---|---|---|---|
| 239 CLIFTON AVE MINNEAPOLIS MN 55403 | WORLD MISSION PRAY LEAG INC | LAND-COMMERCIAL | $0 | 103 ft |
| 301 CLIFTON AVE MINNEAPOLIS MN 55403 | TIMOTHY KRAHN & RINA PETEK | CONDOMINIUM | $207,000 | 111 ft |
| 301 CLIFTON AVE MINNEAPOLIS MN 55403 | JUDITH FAULKNER MCGUIRE | CONDOMINIUM | $292,000 | 111 ft |
| 301 CLIFTON AVE MINNEAPOLIS MN 55403 | ANNETTE SUCHY | CONDOMINIUM | $258,000 | 111 ft |
| 301 CLIFTON AVE MINNEAPOLIS MN 55403 | J STILES & C WILLIAMS | CONDOMINIUM | $254,000 | 111 ft |
| 301 CLIFTON AVE MINNEAPOLIS MN 55403 | SUSAN H GAINES | CONDOMINIUM | $254,000 | 111 ft |
| 301 CLIFTON AVE MINNEAPOLIS MN 55403 | R MCLEOD & B A VANDEGRIFT | CONDOMINIUM | $325,000 | 111 ft |
| 301 CLIFTON AVE MINNEAPOLIS MN 55403 | MATYKOWSKI FAM JT REV TRUST | CONDOMINIUM | $312,000 | 111 ft |
| 301 CLIFTON AVE MINNEAPOLIS MN 55403 | KATHRYN C GARNER | CONDOMINIUM | $254,000 | 111 ft |
| 301 CLIFTON AVE MINNEAPOLIS MN 55403 | M C LIMA-LEITE & J H LEITE | CONDOMINIUM | $326,000 | 111 ft |
Current Tax Year