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.
6 permits on record since 2018 · $61K total declared value · Most recent: Aug 2024 (res)
Plumbing West Inc
Perfection Heating and Air Conditioning Inc
Plumbing West Inc
R. A. Ungerman Construction Inc.
MN Plumbing & Home Services 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
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 1,358 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1605 PORTLAND AVE MINNEAPOLIS MN 55404 | GLEN M JOHNSON | CONDOMINIUM | $127,000 | 47 ft |
| 1605 PORTLAND AVE MINNEAPOLIS MN 55404 | LEROY ELLSWORTH SMITH | CONDOMINIUM | $133,000 | 47 ft |
| 1605 PORTLAND AVE MINNEAPOLIS MN 55404 | BENJAMIN VANDENBELT | CONDOMINIUM | $128,000 | 47 ft |
| 1605 PORTLAND AVE MINNEAPOLIS MN 55404 | EPSTEIN ENTERPRISES LLC | CONDOMINIUM | $128,000 | 47 ft |
| MN | Unknown | — | — | 47 ft |
| 611 16TH ST E MINNEAPOLIS MN 55404 | MARIANA SCOTT | CONDOMINIUM | $154,000 | 75 ft |
| 611 16TH ST E MINNEAPOLIS MN 55404 | SPENCER CASTRO | CONDOMINIUM | $131,000 | 75 ft |
| 611 16TH ST E MINNEAPOLIS MN 55404 | RODOLFO A TRUJILLO | CONDOMINIUM | $176,000 | 75 ft |
| 611 16TH ST E MINNEAPOLIS MN 55404 | SCOTT NELSON/TANYA NELSON | CONDOMINIUM | $132,000 | 75 ft |
| MN | Unknown | — | — | 75 ft |
Most Recent Sale
Current Tax Year