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 ↗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.
2 permits on record since 2023 · $55K total declared value · Most recent: Jul 2024 (remodel)
Servpro of NE Minneapolis
Warners Stellian Co 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
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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1508 ELLIOT AVE MINNEAPOLIS MN 55404 | HOMES BY WITT LLC | RESIDENTIAL-TWO UNIT | $551,000 | 62 ft |
| 1512 ELLIOT AVE MINNEAPOLIS MN 55404 | CARLOS GUAMAN BERMEO | TRIPLEX | $380,600 | 112 ft |
| 809 15TH ST E MINNEAPOLIS MN 55404 | NORTH CENTRAL BIBLE COLLEGE | LAND-COMMERCIAL | $0 | 114 ft |
| 1516 ELLIOT AVE MINNEAPOLIS MN 55404 | CHDC ELLIOT LTD PTNRSHP | LOW INCOME RENTAL | $1,012,500 | 162 ft |
| 901 15TH ST E MINNEAPOLIS MN 55404 | NIMCO LTD | APARTMENT | $950,000 | 163 ft |
| 807 15TH ST E MINNEAPOLIS MN 55404 | NORTH CENTRAL BIBLE COLLEGE | LAND-COMMERCIAL | $0 | 164 ft |
| 1509 CHICAGO AVE MINNEAPOLIS MN 55404 | AEON | VACANT LAND-APARTMENT | $148,500 | 176 ft |
| 907 15TH ST E MINNEAPOLIS MN 55404 | ELLIOT PARK PROPERTIES LLC | APARTMENT | $731,700 | 210 ft |
| 801 15TH ST E MINNEAPOLIS MN 55404 | NORTH CENTRAL BIBLE COLLEGE | APARTMENT | $0 | 213 ft |
| 1520 ELLIOT AVE MINNEAPOLIS MN 55404 | K MEYER & T GUTIERREZ | CONDOMINIUM | $253,000 | 213 ft |
Most Recent Sale
Current Tax Year