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 ↗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.
1 permit on record since 2023 · $11K total declared value · Most recent: Sep 2023 (misc)
ELYSIAN CONSTRUCTION INC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Bancroft · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 96
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 2,435 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 4136 ELLIOT AVE MINNEAPOLIS MN 55407 | JAMIE SCHAFER & MATT SCHAFER | RESIDENTIAL | $342,000 | 40 ft |
| 4144 ELLIOT AVE MINNEAPOLIS MN 55407 | C & D JONES | RESIDENTIAL | $314,100 | 40 ft |
| 4132 ELLIOT AVE MINNEAPOLIS MN 55407 | HANNAH UBL & KELLEN BERG | RESIDENTIAL | $373,300 | 80 ft |
| 4148 ELLIOT AVE MINNEAPOLIS MN 55407 | BRIANNA MAUREEN KRANZ | RESIDENTIAL | $283,400 | 80 ft |
| 4128 ELLIOT AVE MINNEAPOLIS MN 55407 | T A HENDERSON/K J HENDERSON | RESIDENTIAL | $418,000 | 120 ft |
| 4152 ELLIOT AVE MINNEAPOLIS MN 55407 | COLLEEN O'BRIEN/MARK ANDREWS | RESIDENTIAL | $317,000 | 134 ft |
| 4141 CHICAGO AVE MINNEAPOLIS MN 55407 | 4141 CHICAGO LLC | LOW INCOME RENTAL | $489,500 | 135 ft |
| 4145 CHICAGO AVE MINNEAPOLIS MN 55407 | MICHAEL J SYPNIESKI & WIFE | RESIDENTIAL | $273,000 | 141 ft |
| 4137 CHICAGO AVE MINNEAPOLIS MN 55407 | MICASA LLC | RESIDENTIAL | $245,000 | 141 ft |
| 4133 CHICAGO AVE MINNEAPOLIS MN 55407 | ALYSHA SMITH | RESIDENTIAL | $318,000 | 156 ft |
Most Recent Sale
Current Tax Year