On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗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 ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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 ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.
Minneapolis — Brownfield Grants ↗Signals are based on public datasets; program eligibility requires verification.
No permits found in Minneapolis open data for this parcel.
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
Downtown Center 2 — downtown frame district
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 807 15TH ST E MINNEAPOLIS MN 55404 | NORTH CENTRAL BIBLE COLLEGE | LAND-COMMERCIAL | $0 | 63 ft |
| 801 15TH ST E MINNEAPOLIS MN 55404 | NORTH CENTRAL BIBLE COLLEGE | APARTMENT | $0 | 80 ft |
| 809 15TH ST E MINNEAPOLIS MN 55404 | NORTH CENTRAL BIBLE COLLEGE | LAND-COMMERCIAL | $0 | 80 ft |
| 1515 CHICAGO AVE MINNEAPOLIS MN 55404 | AEON PRESERVATION LP | LOW INCOME RENTAL | $2,313,000 | 126 ft |
| 1508 ELLIOT AVE MINNEAPOLIS MN 55404 | HOMES BY WITT LLC | RESIDENTIAL-TWO UNIT | $551,000 | 164 ft |
| 1512 ELLIOT AVE MINNEAPOLIS MN 55404 | CARLOS GUAMAN BERMEO | TRIPLEX | $380,600 | 170 ft |
| 1500 ELLIOT AVE MINNEAPOLIS MN 55404 | AMERICAN INDIAN ELDER HOUSNG | APARTMENT | $0 | 176 ft |
| 1516 ELLIOT AVE MINNEAPOLIS MN 55404 | CHDC ELLIOT LTD PTNRSHP | LOW INCOME RENTAL | $1,012,500 | 190 ft |
| 1520 ELLIOT AVE MINNEAPOLIS MN 55404 | K MEYER & T GUTIERREZ | CONDOMINIUM | $253,000 | 220 ft |
| 1520 ELLIOT AVE MINNEAPOLIS MN 55404 | C KELLY & S SHELTON | CONDOMINIUM | $230,000 | 220 ft |
Most Recent Sale
Current Tax Year