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 ↗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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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.
2 permits on record since 2023 · $20K total declared value · Most recent: Dec 2023 (misc)
Allied Construction Llc
Goss Plumbing Inc
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 4,195 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1601 ELLIOT AVE MINNEAPOLIS MN 55404 | CHDC ELLIOT LTD PTNRSHP | LOW INCOME RENTAL | $459,000 | 50 ft |
| 1609 ELLIOT AVE MINNEAPOLIS MN 55404 | P PINEDA & E URHIEYOVWE | RESIDENTIAL-TWO UNIT | $593,900 | 50 ft |
| 1523 ELLIOT AVE MINNEAPOLIS MN 55404 | A LIDYAEV & K R LIDYAEV | RESIDENTIAL-TWO UNIT | $375,400 | 95 ft |
| 1617 ELLIOT AVE MINNEAPOLIS MN 55404 | S BENTHIN/B HOTZLER ET AL | RESIDENTIAL-TWO UNIT | $1,015,000 | 128 ft |
| 1519 ELLIOT AVE MINNEAPOLIS MN 55404 | K J SMITH & S D SMITH | RESIDENTIAL-TWO UNIT | $366,500 | 130 ft |
| 1604 10TH AVE S MINNEAPOLIS MN 55404 | JEFFREY B MILLIKAN | TRIPLEX | $707,500 | 147 ft |
| 1600 10TH AVE S MINNEAPOLIS MN 55404 | GABRIELLE RILEY | RESIDENTIAL-TWO UNIT | $460,000 | 153 ft |
| 1517 ELLIOT AVE MINNEAPOLIS MN 55404 | SAMUEL WANTA | RESIDENTIAL | $299,000 | 160 ft |
| 912 17TH ST E MINNEAPOLIS MN 55404 | BRIAN J LOWRY | TRIPLEX | $512,600 | 160 ft |
| 1520 10TH AVE S MINNEAPOLIS MN 55404 | KATHLEEN E SCHULER TRUST | RESIDENTIAL-TWO UNIT | $568,300 | 176 ft |
Most Recent Sale
Current Tax Year