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 ↗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.
8 permits on record since 2009 · $5.7M total declared value · Most recent: Jun 2025 (commercial minor)
Erickson Plumbing Heating Cooling Inc
Erickson Plumbing Heating Cooling Inc
SR Mechanical Inc
Bredahl Plumbing Inc
SUPERIOR 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 5-over-1 podium (12–50 units) benchmarks for 17,565 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 729 16TH ST E MINNEAPOLIS MN 55404 | SV PARTNERS LLC | APARTMENT | $840,000 | 102 ft |
| 715 16TH ST E MINNEAPOLIS MN 55404 | ALLIANCE LTD PARTNERSHIP | VACANT LAND-APARTMENT | $198,400 | 104 ft |
| 716 17TH ST E MINNEAPOLIS MN 55404 | ALLIANCE ADDITION LLC | APARTMENT | $0 | 133 ft |
| 714 17TH ST E MINNEAPOLIS MN 55404 | AEON | VACANT LAND-APARTMENT | $134,600 | 150 ft |
| 730 17TH ST E MINNEAPOLIS MN 55404 | ALLIANCE ADDITION LLC | APARTMENT | $0 | 167 ft |
| 708 17TH ST E MINNEAPOLIS MN 55404 | LEGAL RIGHTS CENTER INC | LAND-COMMERCIAL | $0 | 180 ft |
| 1605 PARK AVE MINNEAPOLIS MN 55404 | ERIC C WHIPPLE | RESIDENTIAL | $470,000 | 193 ft |
| 1601 PARK AVE MINNEAPOLIS MN 55404 | VISIONBANK | RESIDENTIAL | $589,800 | 201 ft |
| 1611 PARK AVE MINNEAPOLIS MN 55404 | LEGAL RIGHTS CENTER INC | COMMERCIAL-PREFERRED | $0 | 201 ft |
| 728 16TH ST E MINNEAPOLIS MN 55404 | OLD TOWN IN TOWN COOPERATIVE | COOPERATIVE HOUSING | $96,000 | 224 ft |
Most Recent Sale
Current Tax Year