On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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 ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.
Minneapolis — Brownfield Grants ↗Signals are based on public datasets; program eligibility requires verification.
1 permit on record since 2021 · Most recent: Nov 2021 (tempheat)
WENZEL HEATING AND AIR CONDITIONING
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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
Most Recent Sale
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1724 NICOLLET AVE MINNEAPOLIS MN 55403 | NICO II APTS PARTNERSHIP LLC | APARTMENT | $6,475,000 | 65 ft |
| 1804 NICOLLET AVE MINNEAPOLIS MN 55403 | TARVISIUM INVEST LLC ET AL | COMMERCIAL-PREFERRED | $2,656,000 | 137 ft |
| 1727 LASALLE AVE MINNEAPOLIS MN 55403 | NICO II APTS PARTNERSHIP LLC | APARTMENT | $2,775,000 | 159 ft |
| 1801 LASALLE AVE MINNEAPOLIS MN 55403 | OHP PRESERVATION L P | LOW INCOME RENTAL | $2,234,000 | 168 ft |
| 1809 LASALLE AVE MINNEAPOLIS MN 55403 | CITY OF MINNEAPOLIS | VACANT LAND-RESIDENTIAL | $0 | 191 ft |
| 1735 NICOLLET AVE MINNEAPOLIS MN 55403 | NICO APARTMENTS PTNSHP LLC | APARTMENT | $5,219,000 | 217 ft |
| 1725 NICOLLET AVE MINNEAPOLIS MN 55403 | NICO APARTMENTS PTNSHP LLC | APARTMENT | $5,219,000 | 218 ft |
| 1811 LASALLE AVE MINNEAPOLIS MN 55403 | TARVISIUM INVEST LLC ET AL | LAND-COMMERCIAL | $159,400 | 225 ft |
| 1719 NICOLLET AVE MINNEAPOLIS MN 55403 | NICO APARTMENTS PTNSHP LLC | APARTMENT | $5,219,000 | 230 ft |
| 1713 NICOLLET AVE MINNEAPOLIS MN 55403 | NICO APARTMENTS PART LLC | APARTMENT | $5,219,000 | 265 ft |