ParcelLens
Property Intelligence · Twin Cities
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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 2002 · $1.4M total declared value · Most recent: Jul 2012 (building re-inspection)
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 55404
Source: Redfin Data Center (Invalid Date) · Zip 55404
Urban Neighborhood 3 — medium-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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1721 3RD AVE S MINNEAPOLIS MN 55404 | 1721 PROPERTIES LLC | LOW INCOME RENTAL | $1,455,000 | 126 ft |
| 1718 CLINTON AVE MINNEAPOLIS MN 55404 | DANA RELPH | CONDOMINIUM | $180,000 | 150 ft |
| 1718 CLINTON AVE MINNEAPOLIS MN 55404 | ALISON OJANEN-GOLDSMITH | CONDOMINIUM | $180,000 | 150 ft |
| 1718 CLINTON AVE MINNEAPOLIS MN 55404 | IAN R LOWTHER | CONDOMINIUM | $192,000 | 150 ft |
| 1718 CLINTON AVE MINNEAPOLIS MN 55404 | ELI M ZIMMERMAN | CONDOMINIUM | $180,000 | 150 ft |
| 1718 CLINTON AVE MINNEAPOLIS MN 55404 | JONATHAN M COWGILL | CONDOMINIUM | $180,000 | 150 ft |
| 1718 CLINTON AVE MINNEAPOLIS MN 55404 | J M WILLEMS & C W SANTOS | CONDOMINIUM | $192,000 | 150 ft |
| 1718 CLINTON AVE MINNEAPOLIS MN 55404 | VSERV LLC | CONDOMINIUM | $102,000 | 150 ft |
| 1718 CLINTON AVE MINNEAPOLIS MN 55404 | REBECCA POLSTER | CONDOMINIUM | $102,000 | 150 ft |
| MN | Unknown | — | — | 150 ft |
Current Tax Year