ParcelLens
Property Intelligence · Twin Cities
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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.
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 7,207 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 500 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | 500 RIDGEWOOD AVE LLC | CONDOMINIUM | $91,000 | 0 ft |
| 500 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | 500 RIDGEWOOD AVE LLC | CONDOMINIUM | $85,000 | 0 ft |
| 500 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | 500 RIDGEWOOD AVE LLC | CONDOMINIUM | $97,000 | 0 ft |
| 500 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | 500 RIDGEWOOD AVE LLC | CONDOMINIUM | $97,000 | 0 ft |
| 500 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | 500 RIDGEWOOD AVE LLC | CONDOMINIUM | $93,000 | 0 ft |
| 500 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | 500 RIDGEWOOD AVE LLC | CONDOMINIUM | $96,000 | 0 ft |
| 500 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | 500 RIDGEWOOD AVE LLC | CONDOMINIUM | $96,000 | 0 ft |
| 500 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | 500 RIDGEWOOD AVE LLC | CONDOMINIUM | $98,000 | 0 ft |
| 500 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | 500 RIDGEWOOD AVE LLC | CONDOMINIUM | $98,000 | 0 ft |
| 500 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | 500 RIDGEWOOD AVE LLC | CONDOMINIUM | $97,000 | 0 ft |
Most Recent Sale
Current Tax Year