ParcelLens
Property Intelligence · Twin Cities
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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 ↗Signals are based on public datasets; program eligibility requires verification.
8 permits on record since 2017 · $657K total declared value · Most recent: Nov 2025 (commaj)
Budget Plumbing Corp
Rightmark LLC
Benson-Orth General Contracors
GARDNER BUILDERS
SIGNATURE MECHANICAL 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 |
|---|---|---|---|---|
| 1609 PORTLAND AVE MINNEAPOLIS MN 55404 | MINNESOTA TEEN CHALLENGE INC | VACANT LAND-APARTMENT | $0 | 87 ft |
| 1605 PORTLAND AVE MINNEAPOLIS MN 55404 | GLEN M JOHNSON | CONDOMINIUM | $127,000 | 139 ft |
| 1605 PORTLAND AVE MINNEAPOLIS MN 55404 | LEROY ELLSWORTH SMITH | CONDOMINIUM | $133,000 | 139 ft |
| 1605 PORTLAND AVE MINNEAPOLIS MN 55404 | BENJAMIN VANDENBELT | CONDOMINIUM | $128,000 | 139 ft |
| 1605 PORTLAND AVE MINNEAPOLIS MN 55404 | EPSTEIN ENTERPRISES LLC | CONDOMINIUM | $128,000 | 139 ft |
| MN | Unknown | — | — | 139 ft |
| 611 16TH ST E MINNEAPOLIS MN 55404 | MARIANA SCOTT | CONDOMINIUM | $154,000 | 162 ft |
| 611 16TH ST E MINNEAPOLIS MN 55404 | SPENCER CASTRO | CONDOMINIUM | $131,000 | 162 ft |
| 611 16TH ST E MINNEAPOLIS MN 55404 | RODOLFO A TRUJILLO | CONDOMINIUM | $176,000 | 162 ft |
| 611 16TH ST E MINNEAPOLIS MN 55404 | SCOTT NELSON/TANYA NELSON | CONDOMINIUM | $132,000 | 162 ft |
Current Tax Year