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.
No permits found in Minneapolis open data for this parcel.
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
Residential Mixed-Use 3 — higher-density mixed 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 mid-rise concrete (50+ units) benchmarks for 28,202 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 100 FRANKLIN AVE W MINNEAPOLIS MN 55404 | SEMPLE MANSION LLC | COMMERCIAL-PREFERRED | $2,038,500 | 169 ft |
| 122 FRANKLIN AVE W MINNEAPOLIS MN 55404 | STONEHOUSE SQUARE ASSOC LLLP | COMMERCIAL-PREFERRED | $0 | 171 ft |
| 1900 LASALLE AVE MINNEAPOLIS MN 55403 | 225EVENTURE LLC | RESIDENTIAL | $2,483,300 | 179 ft |
| 104 FRANKLIN AVE W MINNEAPOLIS MN 55404 | SEMPLE MANSION LLC | COMMERCIAL-PREFERRED | $721,400 | 183 ft |
| 1929 LASALLE AVE MINNEAPOLIS MN 55403 | PLYMOUTH CONG CH | LAND-COMMERCIAL | $51,600 | 287 ft |
| 1900 NICOLLET AVE MINNEAPOLIS MN 55403 | PLYMOUTH CONG CHURCH | COMMERCIAL-PREFERRED | $0 | 320 ft |
| 105 FRANKLIN AVE W MINNEAPOLIS MN 55404 | PARK NICOLLET MEDICAL CTR | LAND-COMMERCIAL | $212,800 | 352 ft |
| 1822 LASALLE AVE MINNEAPOLIS MN 55403 | STEVENS COMM ASSOCIATES | APARTMENT | $5,291,000 | 370 ft |
| 1920 PILLSBURY AVE MINNEAPOLIS MN 55403 | MICHELLE BONAPACE-POTVIN | RESIDENTIAL | $975,000 | 382 ft |
| 204 FRANKLIN AVE W MINNEAPOLIS MN 55404 | DRS REAL ESTATE LLC | COMMERCIAL-PREFERRED | $727,800 | 386 ft |
Current Tax Year