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.
7 permits on record since 2017 · $69K total declared value · Most recent: Jun 2025 (commfdrr)
Bruce Nelson Plumbing and Heating Service Inc
Bruce Nelson Plumbing and Heating Service Inc
Bruce Nelson Plumbing and Heating Service Inc
Bruce Nelson Plumbing and Heating Service Inc
Bruce Nelson Plumbing and Heating Service Inc
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
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 48,210 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 303 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | GREGORY G ROTHWEILER | RESIDENTIAL-TWO UNIT | $875,000 | 162 ft |
| 201 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | WILLEKE & DANIELS R E PTNRS | COMMERCIAL-PREFERRED | $1,081,200 | 201 ft |
| 224 FRANKLIN AVE W MINNEAPOLIS MN 55404 | TWENTY-FIRST CENT TRIBAL SVC | COMMERCIAL-PREFERRED | $0 | 204 ft |
| 232 FRANKLIN AVE W MINNEAPOLIS MN 55404 | DAVID B SWARTHOUT | CONDOMINIUM | $217,000 | 208 ft |
| 232 FRANKLIN AVE W MINNEAPOLIS MN 55404 | RACHEL OBERG-HAUSER | CONDOMINIUM | $162,000 | 208 ft |
| 232 FRANKLIN AVE W MINNEAPOLIS MN 55404 | VUK MANDIC TRUST | CONDOMINIUM | $168,000 | 208 ft |
| 232 FRANKLIN AVE W MINNEAPOLIS MN 55404 | SARA SHIVES | CONDOMINIUM | $168,000 | 208 ft |
| 232 FRANKLIN AVE W MINNEAPOLIS MN 55404 | JACQUELINE A GEISSLER | CONDOMINIUM | $168,000 | 208 ft |
| 232 FRANKLIN AVE W MINNEAPOLIS MN 55404 | JENNIFER MEESTER | CONDOMINIUM | $168,000 | 208 ft |
| 232 FRANKLIN AVE W MINNEAPOLIS MN 55404 | OCTAVIO PEREZ MONTERO ET AL | CONDOMINIUM | $211,000 | 208 ft |
Most Recent Sale
Current Tax Year