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 ↗In an ACP50 area — a Minneapolis priority designation that increases scoring for Great Streets gap financing, Affordable Housing Trust Fund, and other CPED programs.
Minneapolis — Affordable Housing Trust Fund ↗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 ↗Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.
Minneapolis Great Streets — Gap Financing ↗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.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 85
Zip code 55407
Source: Redfin Data Center (Invalid Date) · Zip 55407
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 2,467 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3410 ELLIOT AVE MINNEAPOLIS MN 55407 | AMY MILLER & DARIN CARR | RESIDENTIAL | $333,800 | 40 ft |
| 3418 ELLIOT AVE MINNEAPOLIS MN 55407 | SAMI GHANDOUR & IVY GHANDOUR | RESIDENTIAL | $254,500 | 40 ft |
| 3406 ELLIOT AVE MINNEAPOLIS MN 55407 | NAOMI N FENNELL/RAHAMY MAGID | RESIDENTIAL | $277,800 | 80 ft |
| 3422 ELLIOT AVE MINNEAPOLIS MN 55407 | PAULA W MEDLOCK | RESIDENTIAL | $304,200 | 80 ft |
| 3426 ELLIOT AVE MINNEAPOLIS MN 55407 | C ZIMA/A TYSON/C TYSON | RESIDENTIAL-TWO UNIT | $417,300 | 120 ft |
| 3400 ELLIOT AVE MINNEAPOLIS MN 55407 | JT'S ADVENTURE LLC | APARTMENT | $460,000 | 125 ft |
| 3417 CHICAGO AVE MINNEAPOLIS MN 55407 | CB PRG PORTFOLIO I LTD PRTNR | LOW INCOME RENTAL | $389,900 | 136 ft |
| 3405 CHICAGO AVE MINNEAPOLIS MN 55407 | INVESTORS CAPITAL LLC | COMMERCIAL-PREFERRED | $660,000 | 147 ft |
| 3421 CHICAGO AVE MINNEAPOLIS MN 55407 | CB PRG PORTFOLIO I LTD PRTNR | LOW INCOME RENTAL | $411,600 | 152 ft |
| 3430 ELLIOT AVE MINNEAPOLIS MN 55407 | ELMER MEYER | RESIDENTIAL | $406,200 | 161 ft |
Most Recent Sale
Current Tax Year