Within a Minneapolis HPC district — alterations and new construction require design review; historic tax credits may apply.
Minneapolis Preservation & Landmarks ↗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.
2 permits on record since 2004 · $133K total declared value · Most recent: Apr 2014 (building re-inspection)
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 1057
Zip code 55403
Source: Redfin Data Center (Invalid Date) · Zip 55403
Urban Neighborhood 3 — medium-density residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 3-story wood frame (5–12 units) benchmarks for 7,261 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1820 1ST AVE S MINNEAPOLIS MN 55403 | BENJAMIN CHERNER | CONDOMINIUM | $78,300 | 88 ft |
| 1820 1ST AVE S MINNEAPOLIS MN 55403 | SCOTT NYSTROM | CONDOMINIUM | $78,300 | 88 ft |
| 1820 1ST AVE S MINNEAPOLIS MN 55403 | WHITLEY NELSON | CONDOMINIUM | $85,500 | 88 ft |
| 1820 1ST AVE S MINNEAPOLIS MN 55403 | JAMES SEAS | CONDOMINIUM | $79,200 | 88 ft |
| 1820 1ST AVE S MINNEAPOLIS MN 55403 | THOMAS KRISTJANSON | CONDOMINIUM | $68,400 | 88 ft |
| 1820 1ST AVE S MINNEAPOLIS MN 55403 | MATTHEW RICH | CONDOMINIUM | $68,400 | 88 ft |
| 1820 1ST AVE S MINNEAPOLIS MN 55403 | RACHAEL BERGAN | CONDOMINIUM | $67,500 | 88 ft |
| 1820 1ST AVE S MINNEAPOLIS MN 55403 | STEVEN J BEAVERS | CONDOMINIUM | $68,400 | 88 ft |
| 1820 1ST AVE S MINNEAPOLIS MN 55403 | KALPESH JOSHI | CONDOMINIUM | $79,200 | 88 ft |
| 1820 1ST AVE S MINNEAPOLIS MN 55403 | BENJAMIN CHERNER | CONDOMINIUM | $79,200 | 88 ft |
Most Recent Sale
Current Tax Year