ParcelLens
Property Intelligence · Twin Cities
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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 ↗Signals are based on public datasets; program eligibility requires verification.
2 permits on record since 2016 · $20K total declared value · Most recent: Apr 2026 (misc)
BORMANN BROTHERS CONTRACTING
MN PLUMBING AND APPLIANCES
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 5,620 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 120 GROVELAND AVE MINNEAPOLIS MN 55403 | OPEN ARMS MINN INC ETAL SU/L | RESIDENTIAL-TWO UNIT | $662,800 | 49 ft |
| 128 GROVELAND AVE MINNEAPOLIS MN 55403 | A J SWENSSON & B D CLARK | RESIDENTIAL | $391,000 | 52 ft |
| 122 GROVELAND AVE MINNEAPOLIS MN 55403 | STEVENS COMMUNITY ASSOCIATES | VACANT LAND-APARTMENT | $30,000 | 90 ft |
| 200 GROVELAND AVE MINNEAPOLIS MN 55403 | THOMAS B HATCH | RESIDENTIAL | $918,500 | 99 ft |
| 212 GROVELAND AVE MINNEAPOLIS MN 55403 | CRAIG KELLY | TOWNHOUSE | $398,000 | 144 ft |
| 214 GROVELAND AVE MINNEAPOLIS MN 55403 | NOAH HUTH & DANA BEDESSEM | TOWNHOUSE | $426,900 | 164 ft |
| 210 GROVELAND AVE MINNEAPOLIS MN 55403 | GROVELAND TOWNHOUSE ASSN | COMMON AREA | $0 | 176 ft |
| 1900 PILLSBURY AVE MINNEAPOLIS MN 55403 | LARRY D HIEBERT TRUSTEE | RESIDENTIAL-TWO UNIT | $626,400 | 181 ft |
| 216 GROVELAND AVE MINNEAPOLIS MN 55403 | JANE E REILLY | TOWNHOUSE | $378,800 | 184 ft |
| 1822 LASALLE AVE MINNEAPOLIS MN 55403 | STEVENS COMM ASSOCIATES | APARTMENT | $5,291,000 | 204 ft |
Most Recent Sale
Current Tax Year