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 ↗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.
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.
Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 1,459 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1506 PARK AVE MINNEAPOLIS MN 55404 | MANZOOR MOGHUL | TRIPLEX | $279,100 | 26 ft |
| 1512 PARK AVE MINNEAPOLIS MN 55404 | GREEN ROCK ASSETS LLC | TRIPLEX | $571,400 | 53 ft |
| 1500 PARK AVE MINNEAPOLIS MN 55404 | 1500 PARK AVENUE SOUTH LLC | APARTMENT | $2,594,700 | 66 ft |
| 1518 PARK AVE MINNEAPOLIS MN 55404 | OLIVIA MPANGA | RESIDENTIAL-TWO UNIT | $328,300 | 106 ft |
| 629 15TH ST E MINNEAPOLIS MN 55404 | 629 E 15TH LLC | APARTMENT | $2,109,600 | 135 ft |
| 1520 PARK AVE MINNEAPOLIS MN 55404 | RHR PROPERTIES MGMT LLC | APARTMENT | $287,600 | 146 ft |
| 632 16TH ST E MINNEAPOLIS MN 55404 | MINNESOTA TEEN CHALLENGE INC | VACANT LAND-APARTMENT | $0 | 146 ft |
| 628 16TH ST E MINNEAPOLIS MN 55404 | MINNESOTA TEEN CHALLENGE INC | VACANT LAND-APARTMENT | $0 | 194 ft |
| 623 15TH ST E MINNEAPOLIS MN 55404 | ANDREW GOKE | RESIDENTIAL | $407,000 | 218 ft |
| 622 16TH ST E MINNEAPOLIS MN 55404 | GARRETT A JOHNSON | APARTMENT | $349,200 | 247 ft |
Most Recent Sale
Current Tax Year