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.
4 permits on record since 2020 · $291K total declared value · Most recent: Feb 2021 (commercial multi-family)
Davis Mechanical Systems, Inc.
Davis Mechanical Systems, Inc.
Davis Mechanical Systems, Inc.
MODERN 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
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
Corner-lot envelopes may require contextual setback review and should be treated as planning estimates.
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 |
|---|---|---|---|---|
| 1425 10TH AVE S MINNEAPOLIS MN 55404 | ELLIOT PARK HSG LTD PTNSHIP | LOW INCOME RENTAL | $8,981,100 | 0 ft |
| 1425 10TH AVE S MINNEAPOLIS MN 55404 | PARKVIEW CC LLC | APARTMENT | $0 | 0 ft |
| 1451 10TH AVE S MINNEAPOLIS MN 55404 | 1509 10TH AVE S RTY LLC ETAL | APARTMENT | $1,129,000 | 131 ft |
| 1455 10TH AVE S MINNEAPOLIS MN 55404 | 1509 10TH AVE S RTY LLC ETAL | APARTMENT | $176,200 | 194 ft |
| 1510 11TH AVE S MINNEAPOLIS MN 55404 | 1509 10TH AVE S RTY LLC ETAL | APARTMENT | $3,813,000 | 312 ft |
| 1401 11TH AVE S MINNEAPOLIS MN 55404 | EAST VILLAGE LLC | APARTMENT | $12,500,000 | 338 ft |
| 1501 11TH AVE S MINNEAPOLIS MN 55404 | 1501 11TH AVENUE SOUTH LLC | LOW INCOME RENTAL | $212,400 | 370 ft |
| 1500 10TH AVE S MINNEAPOLIS MN 55404 | SERNEE LLC | APARTMENT | $1,240,000 | 385 ft |
| 1400 10TH AVE S MINNEAPOLIS MN 55404 | NORTH CENTRAL BIBLE COLLEGE | COMMERCIAL-PREFERRED | $0 | 403 ft |
| 916 15TH ST E MINNEAPOLIS MN 55404 | NORTH CENTRAL BIBLE COLLEGE | APARTMENT | $0 | 407 ft |