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 ↗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 ↗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.
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 1054
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 804 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 712 15TH ST E MINNEAPOLIS MN 55404 | CHICAGO APARTMENTS LLC | VACANT LAND-APARTMENT | $103,700 | 26 ft |
| 714 15TH ST E MINNEAPOLIS MN 55404 | CHICAGO APARTMENTS LLC | VACANT LAND-APARTMENT | $81,000 | 54 ft |
| 1415 PARK AVE MINNEAPOLIS MN 55404 | VICTOR OGBUEHI | COMMERCIAL-PREFERRED | $465,300 | 77 ft |
| 1421 PARK AVE MINNEAPOLIS MN 55404 | REALTY EA LLC | COMMERCIAL-PREFERRED | $491,400 | 78 ft |
| 716 15TH ST E MINNEAPOLIS MN 55404 | NORTH CENTRAL UNIVERSITY | LAND-COMMERCIAL | $0 | 81 ft |
| 720 15TH ST E MINNEAPOLIS MN 55404 | NORTH CENTRAL UNIVERSITY | LAND-COMMERCIAL | $0 | 120 ft |
| 709 14TH ST E MINNEAPOLIS MN 55404 | ELLIOTT E CONDO OWNRS ASSN | VACANT LAND-RESIDENTIAL | $415,000 | 127 ft |
| 715 14TH ST E MINNEAPOLIS MN 55404 | CHDC ELLIOT LTD PARTNERSHIP | LOW INCOME RENTAL | $221,400 | 153 ft |
| 1401 PARK AVE MINNEAPOLIS MN 55404 | 1401 PARK AVE LLC | APARTMENT | $816,300 | 153 ft |
| 724 15TH ST E MINNEAPOLIS MN 55404 | NORTH CENTRAL UNIVERSITY | LAND-COMMERCIAL | $0 | 172 ft |
Current Tax Year