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.
1 permit on record since 2018 · $2K total declared value · Most recent: Sep 2018 (commercial multi-family)
Perfection Heating and Air Conditioning 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
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 5,124 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 209 19TH ST E MINNEAPOLIS MN 55403 | STEVENS COMMUNITY ASSOC | APARTMENT | $1,600,000 | 64 ft |
| 1915 2ND AVE S MINNEAPOLIS MN 55403 | 1915 2ND AVENUE SOUTH LLC | APARTMENT | $1,915,000 | 105 ft |
| 1917 2ND AVE S MINNEAPOLIS MN 55403 | VERONICA DANIELS | RESIDENTIAL | $312,600 | 150 ft |
| 143 19TH ST E MINNEAPOLIS MN 55403 | AMER IND MISKO MIIKANA LLC | APARTMENT | $0 | 156 ft |
| 1906 3RD AVE S MINNEAPOLIS MN 55404 | STEVENS COMMUNITY ASSOC LTD | APARTMENT | $1,657,000 | 176 ft |
| 1900 3RD AVE S MINNEAPOLIS MN 55404 | STEVENS COMM ASSOCIATES LTD | APARTMENT | $1,657,000 | 178 ft |
| 1919 2ND AVE S MINNEAPOLIS MN 55403 | CONNOR MOLLOY | RESIDENTIAL | $371,500 | 182 ft |
| 1916 2ND AVE S MINNEAPOLIS MN 55403 | THADDEUS ARNOLD | APARTMENT | $556,000 | 188 ft |
| 1910 3RD AVE S MINNEAPOLIS MN 55404 | GISP INC | APARTMENT | $2,262,000 | 199 ft |
| 1918 2ND AVE S MINNEAPOLIS MN 55403 | MCCLAIN HOUSE LLC | APARTMENT | $589,000 | 220 ft |
Most Recent Sale
Current Tax Year