ParcelLens
Property Intelligence · Twin Cities
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Within a Minneapolis HPC district — alterations and new construction require design review; historic tax credits may apply.
Minneapolis Preservation & Landmarks ↗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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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.
4 permits on record since 2004 · $190K total declared value · Most recent: Mar 2024 (commfdnr)
Faircon Service Co
Berg Plumbing and Heating Inc
FLANNERY CONSTRUCTION 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 1057
Zip code 55403
Source: Redfin Data Center (Invalid Date) · Zip 55403
Urban Neighborhood 2 — moderate-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 small multifamily (2–4 units, wood frame) benchmarks for 6,955 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1821 1ST AVE S MINNEAPOLIS MN 55403 | 1ST CLASS RES PRPTS LLC | LOW INCOME RENTAL | $101,000 | 80 ft |
| 1821 1ST AVE S MINNEAPOLIS MN 55403 | 1ST CLASS RES PRPTS LLC | LOW INCOME RENTAL | $119,000 | 80 ft |
| 1821 1ST AVE S MINNEAPOLIS MN 55403 | 1ST CLASS RES PRPTS LLC | LOW INCOME RENTAL | $100,000 | 80 ft |
| 1821 1ST AVE S MINNEAPOLIS MN 55403 | 1ST CLASS RES PRPTS LLC | LOW INCOME RENTAL | $105,000 | 80 ft |
| 1821 1ST AVE S MINNEAPOLIS MN 55403 | 1ST CLASS RES PRPTS LLC | LOW INCOME RENTAL | $105,000 | 80 ft |
| 1821 1ST AVE S MINNEAPOLIS MN 55403 | 1ST CLASS RES PRPTS LLC | LOW INCOME RENTAL | $105,000 | 80 ft |
| 1821 1ST AVE S MINNEAPOLIS MN 55403 | 1ST CLASS RES PRPTS LLC | LOW INCOME RENTAL | $105,000 | 80 ft |
| 1821 1ST AVE S MINNEAPOLIS MN 55403 | 1ST CLASS RES PRPTS LLC | LOW INCOME RENTAL | $97,000 | 80 ft |
| 1821 1ST AVE S MINNEAPOLIS MN 55403 | 1ST CLASS RES PRPTS LLC | LOW INCOME RENTAL | $97,000 | 80 ft |
| 1821 1ST AVE S MINNEAPOLIS MN 55403 | 1ST CLASS RES PRPTS LLC | LOW INCOME RENTAL | $106,000 | 80 ft |
Current Tax Year