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.
2 permits on record since 2019 · $100K total declared value · Most recent: Jul 2024 (roofwind)
PASKAR CONSTRUCTION LLC
Bartylla Plumbing and Heating 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 3 — medium-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 3-story wood frame (5–12 units) benchmarks for 3,537 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1917 1ST AVE S MINNEAPOLIS MN 55403 | BASHIR MOGHUL | VACANT LAND-APARTMENT | $128,000 | 50 ft |
| 1931 1ST AVE S MINNEAPOLIS MN 55403 | CHIKE O & JOYCE T ONYEKABA | RESIDENTIAL | $724,000 | 75 ft |
| 1915 1ST AVE S MINNEAPOLIS MN 55403 | COPENHAGEN-HANSEN FAMILY L P | APARTMENT | $1,180,000 | 101 ft |
| 1920 STEVENS AVE MINNEAPOLIS MN 55403 | LAYLA LLC | APARTMENT | $713,000 | 150 ft |
| 1909 1ST AVE S MINNEAPOLIS MN 55403 | VINTAGE FLATS LLC | APARTMENT | $796,000 | 151 ft |
| 1924 STEVENS AVE MINNEAPOLIS MN 55403 | 1924 STEVENS AVENUE LLC | LOW INCOME RENTAL | $798,000 | 152 ft |
| 1928 STEVENS AVE MINNEAPOLIS MN 55403 | ELLIOT PARK LODGE LLC | APARTMENT | $575,000 | 175 ft |
| 22 FRANKLIN AVE E MINNEAPOLIS MN 55404 | JOHN CLAUSEN | COMMERCIAL-PREFERRED | $411,000 | 179 ft |
| 1920 1ST AVE S MINNEAPOLIS MN 55403 | GONZALO A BASCUR | TRIPLEX | $411,100 | 191 ft |
| 1912 STEVENS AVE MINNEAPOLIS MN 55403 | ANDLER APARTMENTS LLC | APARTMENT | $1,845,000 | 193 ft |
Most Recent Sale
Current Tax Year