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.
No permits found in Minneapolis open data for this parcel.
Loring Park · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1052.04
Zip code 55403
Source: Redfin Data Center (Invalid Date) · Zip 55403
Downtown Center 1 — urban core district
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1362 LASALLE AVE MINNEAPOLIS MN 55403 | LITTLE NUGGETS HOLDINGS LLC | COMMERCIAL-NON PREFERRED | $812,000 | 129 ft |
| 1365 SPRUCE PL MINNEAPOLIS MN 55403 | SPRUCE PLACE APTS L L P | APARTMENT | $2,700,000 | 129 ft |
| 117 GRANT ST W MINNEAPOLIS MN 55403 | MN BROWNSTONES LLC | APARTMENT | $2,575,000 | 200 ft |
| 115 GRANT ST W MINNEAPOLIS MN 55403 | KHOSA BEVERAGE INC | COMMERCIAL-PREFERRED | $1,112,500 | 202 ft |
| 121 GRANT ST W MINNEAPOLIS MN 55403 | MN BROWNSTONES LLC | LOW INCOME RENTAL | $2,500,000 | 215 ft |
| 101 GRANT ST W MINNEAPOLIS MN 55403 | HIGH 5 LLC | COMMERCIAL-PREFERRED | $791,900 | 232 ft |
| 125 GRANT ST W MINNEAPOLIS MN 55403 | MN BROWNSTONES LLC | APARTMENT | $3,150,000 | 241 ft |
| 120 15TH ST W MINNEAPOLIS MN 55403 | BD OF EDUCATION | COMMERCIAL-PREFERRED | $0 | 291 ft |
| 21 14TH ST W MINNEAPOLIS MN 55403 | KENSINGTON APARTMENTS LLP | APARTMENT | $2,000,000 | 319 ft |
| 1367 WILLOW ST MINNEAPOLIS MN 55403 | EITEL APARTMENTS LLC | APARTMENT | $33,420,000 | 339 ft |
Most Recent Sale
Current Tax Year