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
Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.
Most Recent Sale
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 607 15TH ST E MINNEAPOLIS MN 55404 | B T BEYENE & N ALTAYE | VACANT LAND-APARTMENT | $118,400 | 37 ft |
| 619 15TH ST E MINNEAPOLIS MN 55404 | C MALIBAGO & K HINZE | RESIDENTIAL-TWO UNIT | $352,300 | 37 ft |
| 623 15TH ST E MINNEAPOLIS MN 55404 | ANDREW GOKE | RESIDENTIAL | $407,000 | 84 ft |
| 1501 PORTLAND AVE MINNEAPOLIS MN 55404 | HOWEY PROPERTIES LLC | APARTMENT | $5,642,000 | 132 ft |
| 616 16TH ST E MINNEAPOLIS MN 55404 | GREEN ROCK ASSETS LLC | RESIDENTIAL-TWO UNIT | $365,400 | 138 ft |
| 620 16TH ST E MINNEAPOLIS MN 55404 | GREEN ROCK ASSETS LLC | APARTMENT | $374,400 | 143 ft |
| 612 16TH ST E MINNEAPOLIS MN 55404 | GREEN ROCK ASSETS LLC | TRIPLEX | $394,800 | 143 ft |
| 622 16TH ST E MINNEAPOLIS MN 55404 | GARRETT A JOHNSON | APARTMENT | $349,200 | 159 ft |
| 629 15TH ST E MINNEAPOLIS MN 55404 | 629 E 15TH LLC | APARTMENT | $2,109,600 | 168 ft |
| 1519 PORTLAND AVE MINNEAPOLIS MN 55404 | GREEN ROCK ASSETS LLC | RESIDENTIAL | $353,000 | 177 ft |