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 ↗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 ↗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.
No permits found in Minneapolis open data for this parcel.
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
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1709 2ND AVE S MINNEAPOLIS MN 55403 | MINNESOTA TEEN CHALLENGE | VACANT LAND-APARTMENT | $0 | 48 ft |
| 211 17TH ST E MINNEAPOLIS MN 55403 | MINNESOTA TEEN CHALLENGE | VACANT LAND-APARTMENT | $0 | 74 ft |
| 1717 2ND AVE S MINNEAPOLIS MN 55403 | MINNESOTA TEEN CHALLENGE | APARTMENT | $0 | 99 ft |
| 205 17TH ST E MINNEAPOLIS MN 55403 | AHMED E ABDALLA | RESIDENTIAL | $272,600 | 113 ft |
| 209 17TH ST E MINNEAPOLIS MN 55403 | JOEL JOHNSTON | RESIDENTIAL-TWO UNIT | $330,400 | 116 ft |
| 1703 2ND AVE S MINNEAPOLIS MN 55403 | 1728 SECOND AVENUE ET AL | LOW INCOME RENTAL | $569,000 | 120 ft |
| 1710 3RD AVE S MINNEAPOLIS MN 55404 | C A PATINO AND L I PATINO | RESIDENTIAL | $798,300 | 142 ft |
| 1720 3RD AVE S MINNEAPOLIS MN 55404 | GRAY E JOHNSTON | CONDOMINIUM | $159,000 | 159 ft |
| 1720 3RD AVE S MINNEAPOLIS MN 55404 | KAREN L COONS | CONDOMINIUM | $159,000 | 159 ft |
| 1720 3RD AVE S MINNEAPOLIS MN 55404 | THOMAS M VAN DE LAARSCHOT | CONDOMINIUM | $174,000 | 159 ft |
Most Recent Sale
Current Tax Year