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.
3 permits on record since 2013 · $214K total declared value · Most recent: Feb 2024 (existres)
NORTHERNS ONE HOUR HEATING AND AIR CONDITIONING
MIDWEST ROOF & SOLAR AND SUPERIOR WINDOWS
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 small multifamily (2–4 units, wood frame) benchmarks for 1,459 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1520 PARK AVE MINNEAPOLIS MN 55404 | RHR PROPERTIES MGMT LLC | APARTMENT | $287,600 | 40 ft |
| 1512 PARK AVE MINNEAPOLIS MN 55404 | GREEN ROCK ASSETS LLC | TRIPLEX | $571,400 | 53 ft |
| 632 16TH ST E MINNEAPOLIS MN 55404 | MINNESOTA TEEN CHALLENGE INC | VACANT LAND-APARTMENT | $0 | 98 ft |
| 1508 PARK AVE MINNEAPOLIS MN 55404 | MAHROOF I MOGHUL | RESIDENTIAL | $103,000 | 106 ft |
| 1506 PARK AVE MINNEAPOLIS MN 55404 | MANZOOR MOGHUL | TRIPLEX | $279,100 | 132 ft |
| 1600 PARK AVE MINNEAPOLIS MN 55404 | 1600 PARK LLC | LOW INCOME RENTAL | $952,200 | 150 ft |
| 628 16TH ST E MINNEAPOLIS MN 55404 | MINNESOTA TEEN CHALLENGE INC | VACANT LAND-APARTMENT | $0 | 161 ft |
| 1500 PARK AVE MINNEAPOLIS MN 55404 | 1500 PARK AVENUE SOUTH LLC | APARTMENT | $2,594,700 | 173 ft |
| 629 15TH ST E MINNEAPOLIS MN 55404 | 629 E 15TH LLC | APARTMENT | $2,109,600 | 189 ft |
| 631 16TH ST E MINNEAPOLIS MN 55404 | 1616 PARK LLC | LAND-COMMERCIAL | $155,100 | 217 ft |
Most Recent Sale
Current Tax Year