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.
1 permit on record since 2018 · $575 total declared value · Most recent: Feb 2018 (commercial multi-family)
MOORHEAD MACHINERY AND BOILER CO
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
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 small multifamily (2–4 units, wood frame) benchmarks for 16,506 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1811 2ND AVE S MINNEAPOLIS MN 55403 | STEVENS COMM ASSOC LTD PRTN | APARTMENT | $1,672,000 | 134 ft |
| 214 19TH ST E MINNEAPOLIS MN 55403 | DARTMOUTH CASTLETON PROP LLC | APARTMENT | $5,023,000 | 141 ft |
| 1810 3RD AVE S MINNEAPOLIS MN 55404 | 1806 & 1810 THIRD AVENUE LLC | LOW INCOME RENTAL | $2,940,000 | 195 ft |
| 1807 2ND AVE S MINNEAPOLIS MN 55403 | STEVENS COMM ASSOC LTD PRTN | APARTMENT | $1,826,000 | 202 ft |
| 209 19TH ST E MINNEAPOLIS MN 55403 | STEVENS COMMUNITY ASSOC | APARTMENT | $1,600,000 | 233 ft |
| 203 19TH ST E MINNEAPOLIS MN 55403 | 203 EAST 19TH STREET LLC | APARTMENT | $1,998,000 | 233 ft |
| 1900 3RD AVE S MINNEAPOLIS MN 55404 | STEVENS COMM ASSOCIATES LTD | APARTMENT | $1,657,000 | 239 ft |
| 1806 3RD AVE S MINNEAPOLIS MN 55404 | 1806 & 1810 THIRD AVENUE LLC | LOW INCOME RENTAL | $2,330,000 | 246 ft |
| 1801 2ND AVE S MINNEAPOLIS MN 55403 | STEVENS COMM ASSOC LTD PRTN | LOW INCOME RENTAL | $2,114,000 | 268 ft |
| 1801 STEVENS AVE MINNEAPOLIS MN 55403 | CITY OF MINNEAPOLIS PK BOARD | LAND-COMMERCIAL | $0 | 277 ft |
Most Recent Sale
Current Tax Year