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.
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 5,400 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1536 LASALLE AVE MINNEAPOLIS MN 55403 | COPENHAGEN-HANSEN FAM LLLP | APARTMENT | $2,151,000 | 140 ft |
| 125 OAK GROVE ST MINNEAPOLIS MN 55403 | LORING GROVE LLC | APARTMENT | $4,415,700 | 157 ft |
| 1530 LASALLE AVE MINNEAPOLIS MN 55403 | COPENHAGEN-HANSEN FAM LLLP | APARTMENT | $2,259,000 | 193 ft |
| 116 OAK GROVE ST MINNEAPOLIS MN 55403 | GFW PROPERTIES LLC | APARTMENT | $2,435,300 | 196 ft |
| 1528 SPRUCE PL MINNEAPOLIS MN 55403 | GFW PROPERTIES LLC | VACANT LAND-APARTMENT | $806,300 | 242 ft |
| 1524 LASALLE AVE MINNEAPOLIS MN 55403 | AWESOME LASALLE LLC ET AL | APARTMENT | $2,025,000 | 248 ft |
| 131 OAK GROVE ST MINNEAPOLIS MN 55403 | PAUL MITTELSTADT | RESIDENTIAL | $1,105,200 | 258 ft |
| 26 OAK GROVE ST MINNEAPOLIS MN 55403 | COPENHAGEN-HANSEN FAMILY LP | APARTMENT | $2,171,000 | 267 ft |
| 1522 LASALLE AVE MINNEAPOLIS MN 55403 | 1522 LASALLE AVE LLC | LOW INCOME RENTAL | $2,470,000 | 307 ft |
| 1526 SPRUCE PL MINNEAPOLIS MN 55403 | GFW PROPERTIES LLC | VACANT LAND-APARTMENT | $63,200 | 311 ft |
Current Tax Year