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.
No permits found in Minneapolis open data for this parcel.
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 3,179 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 221 GROVELAND AVE MINNEAPOLIS MN 55403 | R O'NEAL & S O'NEAL | CONDOMINIUM | $442,000 | 0 ft |
| 223 GROVELAND AVE MINNEAPOLIS MN 55403 | P E FERREIRA & M C FERREIRA | CONDOMINIUM | $415,000 | 0 ft |
| 225 GROVELAND AVE MINNEAPOLIS MN 55403 | BRUCE HINRICHS | CONDOMINIUM | $395,000 | 0 ft |
| 227 GROVELAND AVE MINNEAPOLIS MN 55403 | JESSE D BERGLUND | CONDOMINIUM | $451,000 | 0 ft |
| MN | Unknown | — | — | 0 ft |
| 216 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | JUDY A CANDELL | CONDOMINIUM | $390,000 | 82 ft |
| 218 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | ERIK ANTHONY WRIGHT | CONDOMINIUM | $395,000 | 82 ft |
| 220 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | JOHN A BACHHUBER TRUST | CONDOMINIUM | $385,000 | 82 ft |
| MN | Unknown | — | — | 82 ft |
| 222 RIDGEWOOD AVE MINNEAPOLIS MN 55403 | D J DIRKX & R J BEHR TRUST | CONDOMINIUM | $413,000 | 85 ft |
Most Recent Sale
Current Tax Year