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.
12 permits on record since 2017 · $135K total declared value · Most recent: Jan 2026 (existres)
Heating and Cooling Two Inc
Home Front Exteriors
Goss Plumbing Inc
EGRESS WINDOW GUY
Standard Heating and Air Conditioning 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 3-story wood frame (5–12 units) benchmarks for 4,019 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1600 ELLIOT AVE MINNEAPOLIS MN 55404 | MARCEL HOFKER | TRIPLEX | $499,400 | 49 ft |
| 1520 ELLIOT AVE MINNEAPOLIS MN 55404 | K MEYER & T GUTIERREZ | CONDOMINIUM | $253,000 | 99 ft |
| 1520 ELLIOT AVE MINNEAPOLIS MN 55404 | C KELLY & S SHELTON | CONDOMINIUM | $230,000 | 99 ft |
| 1520 ELLIOT AVE MINNEAPOLIS MN 55404 | MATTHEW RANDOL & N SALIEN | CONDOMINIUM | $231,000 | 99 ft |
| 1520 ELLIOT AVE MINNEAPOLIS MN 55404 | LACY ANN DALLUM | CONDOMINIUM | $220,000 | 99 ft |
| 1520 ELLIOT AVE MINNEAPOLIS MN 55404 | ROQUE E WOOD-SINCLAIR ET AL | CONDOMINIUM | $254,000 | 99 ft |
| 1520 ELLIOT AVE MINNEAPOLIS MN 55404 | LINDSAY BRUCE | CONDOMINIUM | $225,000 | 99 ft |
| MN | Unknown | — | — | 99 ft |
| 1628 ELLIOT AVE MINNEAPOLIS MN 55404 | NORTH CENTRAL UNIVERSITY | COMMERCIAL-PREFERRED | $0 | 102 ft |
| 1516 ELLIOT AVE MINNEAPOLIS MN 55404 | CHDC ELLIOT LTD PTNRSHP | LOW INCOME RENTAL | $1,012,500 | 149 ft |
Most Recent Sale
Current Tax Year