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.
No permits found in Minneapolis open data for this parcel.
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 3-story wood frame (5–12 units) benchmarks for 7,355 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 309 CLIFTON AVE MINNEAPOLIS MN 55403 | EL CHAZZAWY GRP LLC | RESIDENTIAL | $1,794,200 | 121 ft |
| 318 GROVELAND AVE MINNEAPOLIS MN 55403 | MERRILL BUSCH | RESIDENTIAL | $834,600 | 132 ft |
| 322 GROVELAND AVE MINNEAPOLIS MN 55403 | LD ALLEN LLC | COMMERCIAL-PREFERRED | $400,200 | 162 ft |
| 310 GROVELAND AVE MINNEAPOLIS MN 55403 | LD ALLEN LLC | COMMERCIAL-PREFERRED | $1,158,300 | 163 ft |
| 314 CLIFTON AVE MINNEAPOLIS MN 55403 | CLIFTON COURT LLP | COMMERCIAL-PREFERRED | $970,900 | 202 ft |
| 301 CLIFTON AVE MINNEAPOLIS MN 55403 | TIMOTHY KRAHN & RINA PETEK | CONDOMINIUM | $207,000 | 222 ft |
| 301 CLIFTON AVE MINNEAPOLIS MN 55403 | JUDITH FAULKNER MCGUIRE | CONDOMINIUM | $292,000 | 222 ft |
| 301 CLIFTON AVE MINNEAPOLIS MN 55403 | ANNETTE SUCHY | CONDOMINIUM | $258,000 | 222 ft |
| 301 CLIFTON AVE MINNEAPOLIS MN 55403 | J STILES & C WILLIAMS | CONDOMINIUM | $254,000 | 222 ft |
| 301 CLIFTON AVE MINNEAPOLIS MN 55403 | SUSAN H GAINES | CONDOMINIUM | $254,000 | 222 ft |
Most Recent Sale
Current Tax Year