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.
3 permits on record since 2019 · $57K total declared value · Most recent: Jul 2025 (misc)
Midwest Exteriors MN
Midwest Exteriors MN
CREW2 INC
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 55404
Source: Redfin Data Center (Invalid Date) · Zip 55404
Residential Mixed-Use 3 — higher-density mixed 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 2,099 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1517 ELLIOT AVE MINNEAPOLIS MN 55404 | SAMUEL WANTA | RESIDENTIAL | $299,000 | 30 ft |
| 1523 ELLIOT AVE MINNEAPOLIS MN 55404 | A LIDYAEV & K R LIDYAEV | RESIDENTIAL-TWO UNIT | $375,400 | 35 ft |
| 1513 ELLIOT AVE MINNEAPOLIS MN 55404 | MILLIE S SCHAFER | RESIDENTIAL-TWO UNIT | $542,200 | 70 ft |
| 1601 ELLIOT AVE MINNEAPOLIS MN 55404 | CHDC ELLIOT LTD PTNRSHP | LOW INCOME RENTAL | $459,000 | 80 ft |
| 1509 ELLIOT AVE MINNEAPOLIS MN 55404 | ELLIOT HOUSE LLC | TRIPLEX | $437,000 | 120 ft |
| 1605 ELLIOT AVE MINNEAPOLIS MN 55404 | E S BATES & S MICKMAN | TRIPLEX | $475,000 | 130 ft |
| 1516 10TH AVE S MINNEAPOLIS MN 55404 | KOK-KONG LEE | APARTMENT | $400,500 | 146 ft |
| 1520 10TH AVE S MINNEAPOLIS MN 55404 | KATHLEEN E SCHULER TRUST | RESIDENTIAL-TWO UNIT | $568,300 | 148 ft |
| 1514 10TH AVE S MINNEAPOLIS MN 55404 | TIMBERLAND PROPERTIES LLC | APARTMENT | $672,300 | 161 ft |
| 1600 10TH AVE S MINNEAPOLIS MN 55404 | GABRIELLE RILEY | RESIDENTIAL-TWO UNIT | $460,000 | 165 ft |
Current Tax Year