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 ↗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 ↗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 2005 · $335K total declared value · Most recent: Jun 2005 (building re-inspection)
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 sfr / adu benchmarks for 876 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 907 15TH ST E MINNEAPOLIS MN 55404 | ELLIOT PARK PROPERTIES LLC | APARTMENT | $731,700 | 47 ft |
| 1509 ELLIOT AVE MINNEAPOLIS MN 55404 | ELLIOT HOUSE LLC | TRIPLEX | $437,000 | 80 ft |
| 911 15TH ST E MINNEAPOLIS MN 55404 | ELLIOT PARK PLACE LLC | APARTMENT | $493,200 | 97 ft |
| 1513 ELLIOT AVE MINNEAPOLIS MN 55404 | MILLIE S SCHAFER | RESIDENTIAL-TWO UNIT | $542,200 | 123 ft |
| 1517 ELLIOT AVE MINNEAPOLIS MN 55404 | SAMUEL WANTA | RESIDENTIAL | $299,000 | 160 ft |
| 1500 ELLIOT AVE MINNEAPOLIS MN 55404 | AMERICAN INDIAN ELDER HOUSNG | APARTMENT | $0 | 163 ft |
| 1508 ELLIOT AVE MINNEAPOLIS MN 55404 | HOMES BY WITT LLC | RESIDENTIAL-TWO UNIT | $551,000 | 175 ft |
| 916 15TH ST E MINNEAPOLIS MN 55404 | NORTH CENTRAL BIBLE COLLEGE | APARTMENT | $0 | 182 ft |
| 1519 ELLIOT AVE MINNEAPOLIS MN 55404 | K J SMITH & S D SMITH | RESIDENTIAL-TWO UNIT | $366,500 | 189 ft |
| 1500 10TH AVE S MINNEAPOLIS MN 55404 | SERNEE LLC | APARTMENT | $1,240,000 | 194 ft |
Most Recent Sale
Current Tax Year