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.
2 permits on record since 2017 · Most recent: Oct 2024 (res)
CenterPoint Energy Resource Corp
Elias Plumbing LLC
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 2,918 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1518 PARK AVE MINNEAPOLIS MN 55404 | OLIVIA MPANGA | RESIDENTIAL-TWO UNIT | $328,300 | 40 ft |
| 1512 PARK AVE MINNEAPOLIS MN 55404 | GREEN ROCK ASSETS LLC | TRIPLEX | $571,400 | 93 ft |
| 632 16TH ST E MINNEAPOLIS MN 55404 | MINNESOTA TEEN CHALLENGE INC | VACANT LAND-APARTMENT | $0 | 105 ft |
| 1600 PARK AVE MINNEAPOLIS MN 55404 | 1600 PARK LLC | LOW INCOME RENTAL | $952,200 | 110 ft |
| 1508 PARK AVE MINNEAPOLIS MN 55404 | MAHROOF I MOGHUL | RESIDENTIAL | $103,000 | 146 ft |
| 628 16TH ST E MINNEAPOLIS MN 55404 | MINNESOTA TEEN CHALLENGE INC | VACANT LAND-APARTMENT | $0 | 165 ft |
| 1506 PARK AVE MINNEAPOLIS MN 55404 | MANZOOR MOGHUL | TRIPLEX | $279,100 | 172 ft |
| 631 16TH ST E MINNEAPOLIS MN 55404 | 1616 PARK LLC | LAND-COMMERCIAL | $155,100 | 183 ft |
| 1606 PARK AVE MINNEAPOLIS MN 55404 | 1616 PARK LLC | COMMERCIAL-PREFERRED | $1,413,000 | 203 ft |
| 1500 PARK AVE MINNEAPOLIS MN 55404 | 1500 PARK AVENUE SOUTH LLC | APARTMENT | $2,594,700 | 212 ft |
Most Recent Sale
Current Tax Year