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.
No permits found in Minneapolis open data for this parcel.
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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 714 17TH ST E MINNEAPOLIS MN 55404 | AEON | VACANT LAND-APARTMENT | $134,600 | 53 ft |
| 1625 PARK AVE MINNEAPOLIS MN 55404 | 1625PARK LLC | COMMERCIAL-PREFERRED | $654,300 | 78 ft |
| 1611 PARK AVE MINNEAPOLIS MN 55404 | LEGAL RIGHTS CENTER INC | COMMERCIAL-PREFERRED | $0 | 106 ft |
| 715 16TH ST E MINNEAPOLIS MN 55404 | ALLIANCE LTD PARTNERSHIP | VACANT LAND-APARTMENT | $198,400 | 134 ft |
| 716 17TH ST E MINNEAPOLIS MN 55404 | ALLIANCE ADDITION LLC | APARTMENT | $0 | 139 ft |
| 1605 PARK AVE MINNEAPOLIS MN 55404 | ERIC C WHIPPLE | RESIDENTIAL | $470,000 | 151 ft |
| 719 16TH ST E MINNEAPOLIS MN 55404 | ALLIANCE LTD PARTNERSHIP | LOW INCOME RENTAL | $5,700,000 | 180 ft |
| 1601 PARK AVE MINNEAPOLIS MN 55404 | VISIONBANK | RESIDENTIAL | $589,800 | 200 ft |
| 730 17TH ST E MINNEAPOLIS MN 55404 | ALLIANCE ADDITION LLC | APARTMENT | $0 | 224 ft |
| 729 16TH ST E MINNEAPOLIS MN 55404 | SV PARTNERS LLC | APARTMENT | $840,000 | 261 ft |
Most Recent Sale
Current Tax Year