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.
4 permits on record since 2017 · $14K total declared value · Most recent: Oct 2025 (misc)
Holmlund Masonry Inc
Mayday Restoration
McQuillan Bros Plumbing Heating & AC LLC
Barr Web Industries Inc
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 sfr / adu benchmarks for 421 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 612 16TH ST E MINNEAPOLIS MN 55404 | GREEN ROCK ASSETS LLC | TRIPLEX | $394,800 | 61 ft |
| 600 16TH ST E MINNEAPOLIS MN 55404 | J R HIRST & L M GASPARDO | RESIDENTIAL-TWO UNIT | $363,000 | 64 ft |
| 1519 PORTLAND AVE MINNEAPOLIS MN 55404 | GREEN ROCK ASSETS LLC | RESIDENTIAL | $353,000 | 71 ft |
| 616 16TH ST E MINNEAPOLIS MN 55404 | GREEN ROCK ASSETS LLC | RESIDENTIAL-TWO UNIT | $365,400 | 91 ft |
| 620 16TH ST E MINNEAPOLIS MN 55404 | GREEN ROCK ASSETS LLC | APARTMENT | $374,400 | 125 ft |
| 1601 PORTLAND AVE MINNEAPOLIS MN 55404 | SOVEREIGN INVESTMENTS INC | APARTMENT | $485,100 | 129 ft |
| 611 16TH ST E MINNEAPOLIS MN 55404 | MARIANA SCOTT | CONDOMINIUM | $154,000 | 135 ft |
| 611 16TH ST E MINNEAPOLIS MN 55404 | SPENCER CASTRO | CONDOMINIUM | $131,000 | 135 ft |
| 611 16TH ST E MINNEAPOLIS MN 55404 | RODOLFO A TRUJILLO | CONDOMINIUM | $176,000 | 135 ft |
| 611 16TH ST E MINNEAPOLIS MN 55404 | SCOTT NELSON/TANYA NELSON | CONDOMINIUM | $132,000 | 135 ft |
Most Recent Sale
Current Tax Year