ParcelLens
Property Intelligence · Twin Cities
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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.
4 permits on record since 2019 · $42K total declared value · Most recent: Jun 2023 (misc)
K-DESIGNERS
Marcel Hofker
Warners Stellian Co Inc
TODAYS EXTERIORS 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 4,398 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1604 ELLIOT AVE MINNEAPOLIS MN 55404 | T & J STELLER ET AL | RESIDENTIAL-TWO UNIT | $547,400 | 49 ft |
| 1520 ELLIOT AVE MINNEAPOLIS MN 55404 | K MEYER & T GUTIERREZ | CONDOMINIUM | $253,000 | 50 ft |
| 1520 ELLIOT AVE MINNEAPOLIS MN 55404 | C KELLY & S SHELTON | CONDOMINIUM | $230,000 | 50 ft |
| 1520 ELLIOT AVE MINNEAPOLIS MN 55404 | MATTHEW RANDOL & N SALIEN | CONDOMINIUM | $231,000 | 50 ft |
| 1520 ELLIOT AVE MINNEAPOLIS MN 55404 | LACY ANN DALLUM | CONDOMINIUM | $220,000 | 50 ft |
| 1520 ELLIOT AVE MINNEAPOLIS MN 55404 | ROQUE E WOOD-SINCLAIR ET AL | CONDOMINIUM | $254,000 | 50 ft |
| 1520 ELLIOT AVE MINNEAPOLIS MN 55404 | LINDSAY BRUCE | CONDOMINIUM | $225,000 | 50 ft |
| MN | Unknown | — | — | 50 ft |
| 1516 ELLIOT AVE MINNEAPOLIS MN 55404 | CHDC ELLIOT LTD PTNRSHP | LOW INCOME RENTAL | $1,012,500 | 100 ft |
| 1512 ELLIOT AVE MINNEAPOLIS MN 55404 | CARLOS GUAMAN BERMEO | TRIPLEX | $380,600 | 150 ft |
Most Recent Sale
Current Tax Year