On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗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 ↗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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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 ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.
Minneapolis — Brownfield Grants ↗Signals are based on public datasets; program eligibility requires verification.
2 permits on record since 2017 · $2K total declared value · Most recent: Mar 2019 (comnofdbv)
Warners Stellian Co Inc
PETER HALL 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
Residential Mixed-Use 1 — low-density mixed 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 4,432 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1924 STEVENS AVE MINNEAPOLIS MN 55403 | 1924 STEVENS AVENUE LLC | LOW INCOME RENTAL | $798,000 | 55 ft |
| 1920 STEVENS AVE MINNEAPOLIS MN 55403 | LAYLA LLC | APARTMENT | $713,000 | 125 ft |
| 1931 1ST AVE S MINNEAPOLIS MN 55403 | CHIKE O & JOYCE T ONYEKABA | RESIDENTIAL | $724,000 | 148 ft |
| 1921 1ST AVE S MINNEAPOLIS MN 55403 | LAYLA APARTMENTS LLC | APARTMENT | $1,081,000 | 175 ft |
| 126 FRANKLIN AVE E MINNEAPOLIS MN 55404 | EPSTEIN PROPERTY MGMT LLC | RESIDENTIAL-TWO UNIT | $1,015,000 | 188 ft |
| 1917 1ST AVE S MINNEAPOLIS MN 55403 | BASHIR MOGHUL | VACANT LAND-APARTMENT | $128,000 | 207 ft |
| 1912 STEVENS AVE MINNEAPOLIS MN 55403 | ANDLER APARTMENTS LLC | APARTMENT | $1,845,000 | 221 ft |
| 2001 STEVENS AVE MINNEAPOLIS MN 55404 | ALMA L L C | TRIPLEX | $455,700 | 229 ft |
| 1917 STEVENS AVE MINNEAPOLIS MN 55403 | AARON WEISS & JEROME EVANS | APARTMENT | $431,000 | 233 ft |
| 1915 1ST AVE S MINNEAPOLIS MN 55403 | COPENHAGEN-HANSEN FAMILY L P | APARTMENT | $1,180,000 | 245 ft |
Most Recent Sale
Current Tax Year