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.
2 permits on record since 2017 · $22K total declared value · Most recent: Jun 2019 (misc)
SUSTAINABLE RESOURCES CENTER INC
Urban Pine Plumbing and Mechanical Inc
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Near - North · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 33
Zip code 55411
Source: Redfin Data Center (Invalid Date) · Zip 55411
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 3,567 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 712 ELWOOD AVE N MINNEAPOLIS MN 55411 | ANDREA HARRIS | RESIDENTIAL | $114,000 | 48 ft |
| 720 ELWOOD AVE N MINNEAPOLIS MN 55411 | SYLVESTER WARDER | RESIDENTIAL | $307,300 | 72 ft |
| 706 ELWOOD AVE N MINNEAPOLIS MN 55411 | WILLIAM J CARTER III ET AL | RESIDENTIAL | $264,000 | 93 ft |
| 725 IRVING AVE N MINNEAPOLIS MN 55411 | LASHONDA R FLOWERS | RESIDENTIAL | $243,000 | 128 ft |
| 700 ELWOOD AVE N MINNEAPOLIS MN 55411 | ANDREW SCHUMACHER | RESIDENTIAL | $212,500 | 143 ft |
| 620 ELWOOD AVE N MINNEAPOLIS MN 55411 | CITY OF MPLS BARNES PARK | VACANT LAND-RESIDENTIAL | $0 | 186 ft |
| 801 IRVING AVE N MINNEAPOLIS MN 55411 | MAIXEE VANG & KA YANG | RESIDENTIAL | $265,000 | 218 ft |
| 1512 8TH AVE N MINNEAPOLIS MN 55411 | D W BRITT & M M GOULD | RESIDENTIAL | $252,000 | 227 ft |
| 1518 8TH AVE N MINNEAPOLIS MN 55411 | SILVER LINING SOLUTIONS LLP | RESIDENTIAL | $259,000 | 230 ft |
| 1427 8TH AVE N MINNEAPOLIS MN 55411 | PLAZA I INC | VACANT LAND-RESIDENTIAL | $22,000 | 258 ft |
Current Tax Year