ParcelLens
Property Intelligence · Twin Cities
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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 ↗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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 628 16TH ST E MINNEAPOLIS MN 55404 | MINNESOTA TEEN CHALLENGE INC | VACANT LAND-APARTMENT | $0 | 62 ft |
| 1518 PARK AVE MINNEAPOLIS MN 55404 | OLIVIA MPANGA | RESIDENTIAL-TWO UNIT | $328,300 | 98 ft |
| 1520 PARK AVE MINNEAPOLIS MN 55404 | RHR PROPERTIES MGMT LLC | APARTMENT | $287,600 | 105 ft |
| 1512 PARK AVE MINNEAPOLIS MN 55404 | GREEN ROCK ASSETS LLC | TRIPLEX | $571,400 | 113 ft |
| 622 16TH ST E MINNEAPOLIS MN 55404 | GARRETT A JOHNSON | APARTMENT | $349,200 | 124 ft |
| 629 15TH ST E MINNEAPOLIS MN 55404 | 629 E 15TH LLC | APARTMENT | $2,109,600 | 142 ft |
| 1508 PARK AVE MINNEAPOLIS MN 55404 | MAHROOF I MOGHUL | RESIDENTIAL | $103,000 | 146 ft |
| 1506 PARK AVE MINNEAPOLIS MN 55404 | MANZOOR MOGHUL | TRIPLEX | $279,100 | 167 ft |
| 620 16TH ST E MINNEAPOLIS MN 55404 | GREEN ROCK ASSETS LLC | APARTMENT | $374,400 | 168 ft |
| 1600 PARK AVE MINNEAPOLIS MN 55404 | 1600 PARK LLC | LOW INCOME RENTAL | $952,200 | 177 ft |
Current Tax Year