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.
5 permits on record since 2008 · $16.0M total declared value · Most recent: Jul 2024 (commfdrr)
Jayhawk Mechanical Inc
Standard 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 59,062 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1706 STEVENS AVE MINNEAPOLIS MN 55403 | 1706 STEVENS LLC | APARTMENT | $2,875,000 | 135 ft |
| 1700 STEVENS AVE MINNEAPOLIS MN 55403 | 1700 STEVENS AVENUE LLC | LOW INCOME RENTAL | $2,150,000 | 183 ft |
| 1801 1ST AVE S MINNEAPOLIS MN 55403 | HOUSING 150 LLC | LOW INCOME RENTAL | $2,019,000 | 236 ft |
| 1702 1ST AVE S MINNEAPOLIS MN 55403 | GATEWAY COMMONS II LLC | VACANT LAND-APARTMENT | $268,500 | 239 ft |
| 1800 STEVENS AVE MINNEAPOLIS MN 55403 | STEVENS COMMUNITY ASSOC L P | APARTMENT | $2,663,000 | 245 ft |
| 1715 STEVENS AVE MINNEAPOLIS MN 55403 | CALICO LLC | CONDOMINIUM | $131,000 | 268 ft |
| 1715 STEVENS AVE MINNEAPOLIS MN 55403 | SHELLY KADRLIK | CONDOMINIUM | $135,000 | 268 ft |
| 1715 STEVENS AVE MINNEAPOLIS MN 55403 | LANI M PAYETTE | CONDOMINIUM | $115,000 | 268 ft |
| 1715 STEVENS AVE MINNEAPOLIS MN 55403 | MATTHIEU KYLE GEISER | CONDOMINIUM | $115,000 | 268 ft |
| 1715 STEVENS AVE MINNEAPOLIS MN 55403 | SNEH WILLIAMS | CONDOMINIUM | $118,000 | 268 ft |
Current Tax Year