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 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 7,964 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 635 ELWOOD AVE N MINNEAPOLIS MN 55411 | D LAUTERBACH/S P-LAUTERBACH | RESIDENTIAL | $314,000 | 111 ft |
| 625 ELWOOD AVE N MINNEAPOLIS MN 55411 | LUIS F PAUCAR | VACANT LAND-RESIDENTIAL | $14,000 | 179 ft |
| 623 ELWOOD AVE N MINNEAPOLIS MN 55411 | VERONICA R POWELL | RESIDENTIAL | $172,000 | 230 ft |
| 620 ELWOOD AVE N MINNEAPOLIS MN 55411 | CITY OF MPLS BARNES PARK | VACANT LAND-RESIDENTIAL | $0 | 244 ft |
| 644 ELWOOD AVE N MINNEAPOLIS MN 55411 | LATRINA H DOMINO | RESIDENTIAL | $293,000 | 268 ft |
| 621 ELWOOD AVE N MINNEAPOLIS MN 55411 | ZION BAPTIST CHURCH | COMMERCIAL-PREFERRED | $0 | 278 ft |
| 700 ELWOOD AVE N MINNEAPOLIS MN 55411 | ANDREW SCHUMACHER | RESIDENTIAL | $212,500 | 281 ft |
| 613 ELWOOD AVE N MINNEAPOLIS MN 55411 | LYNN MARIE JOHNSON | RESIDENTIAL-TWO UNIT | $303,000 | 287 ft |
| 636 ELWOOD AVE N MINNEAPOLIS MN 55411 | M A & G D BELL | RESIDENTIAL | $308,000 | 299 ft |
| 706 ELWOOD AVE N MINNEAPOLIS MN 55411 | WILLIAM J CARTER III ET AL | RESIDENTIAL | $264,000 | 310 ft |
Current Tax Year