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.
7 permits on record since 2001 · $495K total declared value · Most recent: Dec 2022 (remodel)
(Solar Work) Apadana LLC
RENOVATION SYSTEMS INC
New Century Systems, Inc.
WALKER ROOFING CO
ROOF SOLUTIONS LLC
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 mid-rise concrete (50+ units) benchmarks for 44,336 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1105 8TH ST S MINNEAPOLIS MN 55404 | EAST VILLAGE LLC | APARTMENT | $7,510,000 | 186 ft |
| 1501 11TH AVE S MINNEAPOLIS MN 55404 | 1501 11TH AVENUE SOUTH LLC | LOW INCOME RENTAL | $212,400 | 215 ft |
| 1201 9TH ST S MINNEAPOLIS MN 55404 | RAJINI KATIPAMULA MALISETTI | VACANT LAND-APARTMENT | $49,500 | 247 ft |
| 1509 11TH AVE S MINNEAPOLIS MN 55404 | J D C CUMBE & M O P PAREDES | TRIPLEX | $429,300 | 274 ft |
| 1212 9TH ST S MINNEAPOLIS MN 55404 | MPLS PUBLIC HOUSING AUTH | APARTMENT | $0 | 316 ft |
| 1515 11TH AVE S MINNEAPOLIS MN 55404 | ALFONSO VELEZ/GLORIA A VELEZ | APARTMENT | $527,400 | 324 ft |
| 1425 10TH AVE S MINNEAPOLIS MN 55404 | ELLIOT PARK HSG LTD PTNSHIP | LOW INCOME RENTAL | $8,981,100 | 338 ft |
| 1425 10TH AVE S MINNEAPOLIS MN 55404 | PARKVIEW CC LLC | APARTMENT | $0 | 338 ft |
| MN | Unknown | — | — | 338 ft |
| 1215 9TH ST S MINNEAPOLIS MN 55404 | CCP MINNEAPOLIS 7005 LLC | MED/CARE FACILITY | $6,660,000 | 357 ft |
Most Recent Sale
Current Tax Year