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 2013 · $62K total declared value · Most recent: Jul 2025 (roofwind)
MINNESOTA EXTERIORS 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
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 5,122 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1807 2ND AVE S MINNEAPOLIS MN 55403 | STEVENS COMM ASSOC LTD PRTN | APARTMENT | $1,826,000 | 68 ft |
| 1801 2ND AVE S MINNEAPOLIS MN 55403 | STEVENS COMM ASSOC LTD PRTN | LOW INCOME RENTAL | $2,114,000 | 134 ft |
| 1817 2ND AVE S MINNEAPOLIS MN 55403 | 1817 SECOND AVENUE LLC | APARTMENT | $5,852,000 | 134 ft |
| 1810 3RD AVE S MINNEAPOLIS MN 55404 | 1806 & 1810 THIRD AVENUE LLC | LOW INCOME RENTAL | $2,940,000 | 141 ft |
| 1806 3RD AVE S MINNEAPOLIS MN 55404 | 1806 & 1810 THIRD AVENUE LLC | LOW INCOME RENTAL | $2,330,000 | 156 ft |
| 214 19TH ST E MINNEAPOLIS MN 55403 | DARTMOUTH CASTLETON PROP LLC | APARTMENT | $5,023,000 | 195 ft |
| 1800 3RD AVE S MINNEAPOLIS MN 55404 | STEVENS COMM ASSOCIATES LTD | APARTMENT | $2,636,000 | 195 ft |
| 1801 STEVENS AVE MINNEAPOLIS MN 55403 | CITY OF MINNEAPOLIS PK BOARD | LAND-COMMERCIAL | $0 | 261 ft |
| 1724 3RD AVE S MINNEAPOLIS MN 55404 | 14 OAK GROVE LLC | APARTMENT | $2,547,000 | 288 ft |
| 1717 2ND AVE S MINNEAPOLIS MN 55403 | MINNESOTA TEEN CHALLENGE | APARTMENT | $0 | 301 ft |
Current Tax Year