ParcelLens
Property Intelligence · Twin Cities
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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.
1 permit on record since 2025 · $15K total declared value · Most recent: Apr 2025 (roofwind)
Kingfisher Construction
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
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 3-story wood frame (5–12 units) benchmarks for 5,545 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1605 PARK AVE MINNEAPOLIS MN 55404 | ERIC C WHIPPLE | RESIDENTIAL | $470,000 | 89 ft |
| 719 16TH ST E MINNEAPOLIS MN 55404 | ALLIANCE LTD PARTNERSHIP | LOW INCOME RENTAL | $5,700,000 | 104 ft |
| 1601 PARK AVE MINNEAPOLIS MN 55404 | VISIONBANK | RESIDENTIAL | $589,800 | 105 ft |
| 1611 PARK AVE MINNEAPOLIS MN 55404 | LEGAL RIGHTS CENTER INC | COMMERCIAL-PREFERRED | $0 | 105 ft |
| 708 17TH ST E MINNEAPOLIS MN 55404 | LEGAL RIGHTS CENTER INC | LAND-COMMERCIAL | $0 | 134 ft |
| 714 17TH ST E MINNEAPOLIS MN 55404 | AEON | VACANT LAND-APARTMENT | $134,600 | 137 ft |
| 1625 PARK AVE MINNEAPOLIS MN 55404 | 1625PARK LLC | COMMERCIAL-PREFERRED | $654,300 | 164 ft |
| 716 17TH ST E MINNEAPOLIS MN 55404 | ALLIANCE ADDITION LLC | APARTMENT | $0 | 179 ft |
| 729 16TH ST E MINNEAPOLIS MN 55404 | SV PARTNERS LLC | APARTMENT | $840,000 | 206 ft |
| 730 17TH ST E MINNEAPOLIS MN 55404 | ALLIANCE ADDITION LLC | APARTMENT | $0 | 244 ft |
Most Recent Sale
Current Tax Year