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 · Most recent: Jun 2020 (res)
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
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 3,346 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1904 1ST AVE S MINNEAPOLIS MN 55403 | STEVENS SQUARE APTS LLC | APARTMENT | $2,045,000 | 50 ft |
| 1910 1ST AVE S MINNEAPOLIS MN 55403 | ISLES 2004 LLC | APARTMENT | $1,903,000 | 103 ft |
| 1901 NICOLLET AVE MINNEAPOLIS MN 55403 | 1901 NICOLLET LLC | COMMERCIAL-PREFERRED | $2,200,000 | 133 ft |
| 10 19TH ST E MINNEAPOLIS MN 55403 | 10 19TH ST/1905 1ST AVE LLC | LOW INCOME RENTAL | $3,411,000 | 135 ft |
| 1912 1ST AVE S MINNEAPOLIS MN 55403 | TUPPER PROPERTIES LLC | TRIPLEX | $480,100 | 153 ft |
| 8 19TH ST E MINNEAPOLIS MN 55403 | H & N PROPERTIES LLC | COMMERCIAL-PREFERRED | $332,900 | 182 ft |
| 1903 1ST AVE S MINNEAPOLIS MN 55403 | 10 19TH ST/1905 1ST AVE LLC | VACANT LAND-APARTMENT | $128,000 | 191 ft |
| 1905 1ST AVE S MINNEAPOLIS MN 55403 | 10 NINETEENTH STREET ET AL | APARTMENT | $1,362,000 | 198 ft |
| 1916 1ST AVE S MINNEAPOLIS MN 55403 | B KINNING & D J KINNING | CONDOMINIUM | $146,000 | 201 ft |
| 1916 1ST AVE S MINNEAPOLIS MN 55403 | KENNETH R WIK | CONDOMINIUM | $139,000 | 201 ft |
Most Recent Sale
Current Tax Year