Within a Minneapolis HPC district — alterations and new construction require design review; historic tax credits may apply.
Minneapolis Preservation & Landmarks ↗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 ↗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 ↗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 2021 · $500 total declared value · Most recent: Apr 2026 (commfdrr)
Corval Constructors Inc
CenterPoint Energy Resource Corp
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 1054
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 5-over-1 podium (12–50 units) benchmarks for 13,810 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 711 10TH ST S MINNEAPOLIS MN 55404 | DREXEL APARTMENTS LLC | COMMERCIAL-PREFERRED | $234,000 | 100 ft |
| 716 14TH ST E MINNEAPOLIS MN 55404 | DREXEL APARTMENTS LLC | COMMERCIAL-PREFERRED | $134,100 | 125 ft |
| 719 10TH ST S MINNEAPOLIS MN 55404 | DREXEL APARTMENTS LLC | RESIDENTIAL | $271,800 | 147 ft |
| 725 10TH ST S MINNEAPOLIS MN 55404 | NORTH CENTRAL BIBLE COLLEGE | COMMERCIAL-PREFERRED | $0 | 195 ft |
| 1001 PARK AVE MINNEAPOLIS MN 55404 | CITY OF MINNEAPOLIS PK BOARD | LAND-COMMERCIAL | $0 | 195 ft |
| 718 10TH ST S MINNEAPOLIS MN 55404 | COUNTY OF HENNEPIN | APARTMENT | $850,500 | 201 ft |
| 716 10TH ST S MINNEAPOLIS MN 55404 | COUNTY OF HENNEPIN | RESIDENTIAL | $212,000 | 205 ft |
| 709 14TH ST E MINNEAPOLIS MN 55404 | ELLIOTT E CONDO OWNRS ASSN | VACANT LAND-RESIDENTIAL | $415,000 | 206 ft |
| 714 10TH ST S MINNEAPOLIS MN 55404 | 708 10TH STREET LLC | RESIDENTIAL-TWO UNIT | $263,800 | 213 ft |
| 1401 PARK AVE MINNEAPOLIS MN 55404 | 1401 PARK AVE LLC | APARTMENT | $816,300 | 221 ft |
Current Tax Year