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 ↗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.
1 permit on record since 2024 · $25K total declared value · Most recent: Nov 2024 (roofwind)
Midwest Exteriors MN
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.
Back-of-envelope estimate based on 5-over-1 podium (12–50 units) benchmarks for 9,020 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 24 DELL PL MINNEAPOLIS MN 55403 | HENNEPIN AVE UNITED METHD CH | LAND-COMMERCIAL | $0 | 156 ft |
| 418 GROVELAND AVE MINNEAPOLIS MN 55403 | MPLS UPTOWN RENTALS 418 LLC | RESIDENTIAL-TWO UNIT | $626,200 | 235 ft |
| 410 GROVELAND AVE MINNEAPOLIS MN 55403 | EVA FARINA & ROBERT FARINA | CONDOMINIUM | $123,000 | 241 ft |
| 410 GROVELAND AVE MINNEAPOLIS MN 55403 | RISHIKESH C RAKESH ET AL | CONDOMINIUM | $164,000 | 241 ft |
| 410 GROVELAND AVE MINNEAPOLIS MN 55403 | RISHIKESH RAKESH ET AL | CONDOMINIUM | $96,000 | 241 ft |
| 410 GROVELAND AVE MINNEAPOLIS MN 55403 | MARY K HILE | CONDOMINIUM | $129,000 | 241 ft |
| 410 GROVELAND AVE MINNEAPOLIS MN 55403 | KENNETH D JOHNSON | CONDOMINIUM | $156,000 | 241 ft |
| 410 GROVELAND AVE MINNEAPOLIS MN 55403 | ISAAC BOYKIN/MICHELLE THOMAS | CONDOMINIUM | $101,000 | 241 ft |
| 400 GROVELAND AVE MINNEAPOLIS MN 55403 | SUMMIT HOMES ASSOCIATION | CONDOMINIUM | $160,000 | 241 ft |
| 400 GROVELAND AVE MINNEAPOLIS MN 55403 | CHARLES R LOBAN LIVING TRUST | CONDOMINIUM | $104,000 | 241 ft |
Most Recent Sale
Current Tax Year