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 ↗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 ↗Signals are based on public datasets; program eligibility requires verification.
4 permits on record since 2020 · $35K total declared value · Most recent: Nov 2024 (misc)
Fast Home Pros
EMERALD MASONRY
INSPIRED SPACES LLC
Quality Plumbing Company
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 3-story wood frame (5–12 units) benchmarks for 3,147 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1519 ELLIOT AVE MINNEAPOLIS MN 55404 | K J SMITH & S D SMITH | RESIDENTIAL-TWO UNIT | $366,500 | 35 ft |
| 1601 ELLIOT AVE MINNEAPOLIS MN 55404 | CHDC ELLIOT LTD PTNRSHP | LOW INCOME RENTAL | $459,000 | 45 ft |
| 1517 ELLIOT AVE MINNEAPOLIS MN 55404 | SAMUEL WANTA | RESIDENTIAL | $299,000 | 65 ft |
| 1605 ELLIOT AVE MINNEAPOLIS MN 55404 | E S BATES & S MICKMAN | TRIPLEX | $475,000 | 95 ft |
| 1513 ELLIOT AVE MINNEAPOLIS MN 55404 | MILLIE S SCHAFER | RESIDENTIAL-TWO UNIT | $542,200 | 105 ft |
| 1609 ELLIOT AVE MINNEAPOLIS MN 55404 | P PINEDA & E URHIEYOVWE | RESIDENTIAL-TWO UNIT | $593,900 | 145 ft |
| 1520 10TH AVE S MINNEAPOLIS MN 55404 | KATHLEEN E SCHULER TRUST | RESIDENTIAL-TWO UNIT | $568,300 | 145 ft |
| 1600 10TH AVE S MINNEAPOLIS MN 55404 | GABRIELLE RILEY | RESIDENTIAL-TWO UNIT | $460,000 | 151 ft |
| 1516 10TH AVE S MINNEAPOLIS MN 55404 | KOK-KONG LEE | APARTMENT | $400,500 | 155 ft |
| 1509 ELLIOT AVE MINNEAPOLIS MN 55404 | ELLIOT HOUSE LLC | TRIPLEX | $437,000 | 155 ft |
Most Recent Sale
Current Tax Year