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 ↗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.
1 permit on record since 2019 · Most recent: Oct 2019 (existres)
GV Heating and Air 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 3,179 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 219 GROVELAND AVE MINNEAPOLIS MN 55403 | PATRICK T EBNET LIV TR ET AL | CONDOMINIUM | $439,000 | 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