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.
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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 706 ELWOOD AVE N MINNEAPOLIS MN 55411 | WILLIAM J CARTER III ET AL | RESIDENTIAL | $264,000 | 159 ft |
| 712 ELWOOD AVE N MINNEAPOLIS MN 55411 | ANDREA HARRIS | RESIDENTIAL | $114,000 | 167 ft |
| 621 ELWOOD AVE N MINNEAPOLIS MN 55411 | ZION BAPTIST CHURCH | COMMERCIAL-PREFERRED | $0 | 171 ft |
| 700 ELWOOD AVE N MINNEAPOLIS MN 55411 | ANDREW SCHUMACHER | RESIDENTIAL | $212,500 | 177 ft |
| 714 ELWOOD AVE N MINNEAPOLIS MN 55411 | DIANN L WOOLEY | RESIDENTIAL-TWO UNIT | $353,300 | 186 ft |
| 720 ELWOOD AVE N MINNEAPOLIS MN 55411 | SYLVESTER WARDER | RESIDENTIAL | $307,300 | 227 ft |
| 624 JAMES AVE N MINNEAPOLIS MN 55411 | SHARON & CHRISTOPHER BORN TR | RESIDENTIAL-TWO UNIT | $320,000 | 244 ft |
| 701 ELWOOD AVE N MINNEAPOLIS MN 55411 | ZION BAPTIST CHURCH | RESIDENTIAL-TWO UNIT | $259,500 | 264 ft |
| 1615 THOMAS PL N MINNEAPOLIS MN 55411 | ZION BAPTIST CHURCH | LAND-COMMERCIAL | $0 | 271 ft |
| 644 ELWOOD AVE N MINNEAPOLIS MN 55411 | LATRINA H DOMINO | RESIDENTIAL | $293,000 | 278 ft |
Current Tax Year