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 ↗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.
6 permits on record since 2010 · $2.3M total declared value · Most recent: Nov 2024 (commfdrr)
United States Mechanical Inc
United States Mechanical Inc
United States Mechanical Inc
WATSON-FORSBERG CO
WATSON-FORSBERG CO
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
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 |
|---|---|---|---|---|
| 232 CLIFTON AVE MINNEAPOLIS MN 55403 | WORLD MISSION PRAYER LEAGUE | APARTMENT | $0 | 82 ft |
| 300 CLIFTON AVE MINNEAPOLIS MN 55403 | MARK LYONS | RESIDENTIAL-TWO UNIT | $1,406,300 | 120 ft |
| 233 OAK GROVE ST MINNEAPOLIS MN 55403 | GFW PROPERTIES LLC | APARTMENT | $2,750,000 | 150 ft |
| 228 CLIFTON AVE MINNEAPOLIS MN 55403 | THE WORLD MISSION PRAYER LGE | APARTMENT | $0 | 173 ft |
| 227 OAK GROVE ST MINNEAPOLIS MN 55403 | GFW PROPERTIES LLC | APARTMENT | $2,750,000 | 179 ft |
| 239 CLIFTON AVE MINNEAPOLIS MN 55403 | WORLD MISSION PRAY LEAG INC | LAND-COMMERCIAL | $0 | 185 ft |
| 301 OAK GROVE ST MINNEAPOLIS MN 55403 | SCOTT WILLIAMS/LINDA HALCON | CONDOMINIUM | $335,000 | 204 ft |
| 301 OAK GROVE ST MINNEAPOLIS MN 55403 | MARSHA ZUCKERMAN | CONDOMINIUM | $252,000 | 204 ft |
| 301 OAK GROVE ST MINNEAPOLIS MN 55403 | JON M BERKIN | CONDOMINIUM | $331,000 | 204 ft |
| 301 OAK GROVE ST MINNEAPOLIS MN 55403 | M L BORICH & J A MOOSE | CONDOMINIUM | $233,000 | 204 ft |
Current Tax Year