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 ↗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.
3 permits on record since 2017 · $1K total declared value · Most recent: Jun 2022 (addition)
Twin Cities Habitat for Humanity Inc
Warners Stellian Co Inc
CENTERPOINT ENERGY
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 1,945 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1919 2ND AVE S MINNEAPOLIS MN 55403 | CONNOR MOLLOY | RESIDENTIAL | $371,500 | 32 ft |
| 1915 2ND AVE S MINNEAPOLIS MN 55403 | 1915 2ND AVENUE SOUTH LLC | APARTMENT | $1,915,000 | 46 ft |
| 1925 2ND AVE S MINNEAPOLIS MN 55403 | STEVENS COMM ASSOC LTD PRTN | APARTMENT | $1,417,000 | 116 ft |
| 1916 3RD AVE S MINNEAPOLIS MN 55404 | GLEN PAUL SANDNESS | APARTMENT | $698,000 | 142 ft |
| 1910 3RD AVE S MINNEAPOLIS MN 55404 | GISP INC | APARTMENT | $2,262,000 | 150 ft |
| 209 19TH ST E MINNEAPOLIS MN 55403 | STEVENS COMMUNITY ASSOC | APARTMENT | $1,600,000 | 150 ft |
| 203 19TH ST E MINNEAPOLIS MN 55403 | 203 EAST 19TH STREET LLC | APARTMENT | $1,998,000 | 150 ft |
| 1920 3RD AVE S MINNEAPOLIS MN 55404 | NEBULA HOLDINGS LLC | COOPERATIVE HOUSING | $1,686,000 | 159 ft |
| 1920 3RD AVE S MINNEAPOLIS MN 55404 | SOUTHSIDE APARTMENT LLC | COOPERATIVE HOUSING | $98,000 | 159 ft |
| 1920 3RD AVE S MINNEAPOLIS MN 55404 | SOUTHSIDE APARTMENT LLC | COOPERATIVE HOUSING | $96,000 | 159 ft |
Most Recent Sale
Current Tax Year