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.
1 permit on record since 2026 · $20K total declared value · Most recent: Jan 2026 (private)
All Saints LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Elliot Park · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 59.01
Zip code 55415
Source: Redfin Data Center (Invalid Date) · Zip 55415
Downtown Center 1 — urban core district
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1212 7TH ST S MINNEAPOLIS MN 55415 | ELLIOT PARK FARM LLC | VACANT LAND-RESIDENTIAL | $168,000 | 55 ft |
| 1208 7TH ST S MINNEAPOLIS MN 55415 | ELLIOT PARK FARM LLC | VACANT LAND-RESIDENTIAL | $121,000 | 100 ft |
| 1228 7TH ST S MINNEAPOLIS MN 55415 | ELLIOT PARK FARM LLC | COMMERCIAL-PREFERRED | $342,000 | 110 ft |
| 609 12TH AVE S MINNEAPOLIS MN 55415 | ELLIOT PARK FARM LLC | LAND-COMMERCIAL | $1,883,700 | 153 ft |
| 627 12TH AVE S MINNEAPOLIS MN 55415 | YESUAHS LOVE HEALS INC | COMMERCIAL-PREFERRED | $0 | 155 ft |
| 1205 7TH ST S MINNEAPOLIS MN 55415 | BETHLEHEM BAP CH/MPLS INC | VACANT LAND-RESIDENTIAL | $0 | 239 ft |
| 1227 6TH ST S MINNEAPOLIS MN 55415 | ELLIOT PARK FARM LLC | COMMERCIAL-PREFERRED | $324,000 | 263 ft |
| 1135 7TH ST S MINNEAPOLIS MN 55415 | BETHLEHEM BAPTIST CHURCH | APARTMENT | $0 | 281 ft |
| 720 13TH AVE S MINNEAPOLIS MN 55415 | BETHLEHEM BAPTIST CHURCH | COMMERCIAL-PREFERRED | $0 | 296 ft |
| 1129 7TH ST S MINNEAPOLIS MN 55415 | BETHLEHEM BAPTIST CHURCH | LAND-COMMERCIAL | $0 | 329 ft |
Current Tax Year