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 ↗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 2017 · $264K total declared value · Most recent: Aug 2025 (roofwind)
Gassen Construction
Genz-Ryan Plumbing and Heating Co
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 55404
Source: Redfin Data Center (Invalid Date) · Zip 55404
Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.
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 |
|---|---|---|---|---|
| 232 FRANKLIN AVE W MINNEAPOLIS MN 55404 | DAVID B SWARTHOUT | CONDOMINIUM | $217,000 | 0 ft |
| 232 FRANKLIN AVE W MINNEAPOLIS MN 55404 | RACHEL OBERG-HAUSER | CONDOMINIUM | $162,000 | 0 ft |
| 232 FRANKLIN AVE W MINNEAPOLIS MN 55404 | VUK MANDIC TRUST | CONDOMINIUM | $168,000 | 0 ft |
| 232 FRANKLIN AVE W MINNEAPOLIS MN 55404 | SARA SHIVES | CONDOMINIUM | $168,000 | 0 ft |
| 232 FRANKLIN AVE W MINNEAPOLIS MN 55404 | JACQUELINE A GEISSLER | CONDOMINIUM | $168,000 | 0 ft |
| 232 FRANKLIN AVE W MINNEAPOLIS MN 55404 | JENNIFER MEESTER | CONDOMINIUM | $168,000 | 0 ft |
| 232 FRANKLIN AVE W MINNEAPOLIS MN 55404 | OCTAVIO PEREZ MONTERO ET AL | CONDOMINIUM | $211,000 | 0 ft |
| 232 FRANKLIN AVE W MINNEAPOLIS MN 55404 | MICHAEL H SPEARS | CONDOMINIUM | $208,000 | 0 ft |
| 232 FRANKLIN AVE W MINNEAPOLIS MN 55404 | DOMENICO D'ALESSANDRO | CONDOMINIUM | $218,000 | 0 ft |
| 232 FRANKLIN AVE W MINNEAPOLIS MN 55404 | LILENE L MOORE | CONDOMINIUM | $164,000 | 0 ft |