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.
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
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 7,701 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 300 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | JAMES WALSH & MAUREEN WALSH | CONDOMINIUM | $452,000 | 0 ft |
| 300 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | J S SIREK & S R LYKINS | CONDOMINIUM | $404,000 | 0 ft |
| 300 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | ADRIENNE ESTES O'BRIEN ET AL | CONDOMINIUM | $336,000 | 0 ft |
| MN | Unknown | — | — | 0 ft |
| 228 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | ANDREW & SHELBY MAY-PARMLEY | CONDOMINIUM | $430,000 | 85 ft |
| 230 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | D K MA & P PANAGIOTAKIS | CONDOMINIUM | $421,000 | 85 ft |
| 232 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | CHRISTIAN J MROZEK RV INT TR | CONDOMINIUM | $385,000 | 85 ft |
| MN | Unknown | — | — | 85 ft |
| 304 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | ETTY DEVEAUX | CONDOMINIUM | $417,000 | 107 ft |
| 306 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | SUE M OLSON TRUST | CONDOMINIUM | $416,000 | 107 ft |
Most Recent Sale
Current Tax Year