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 ↗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.
1 permit on record since 2025 · Most recent: Jun 2025 (existres)
Vector Services LLC
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 2,934 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1616 PARK AVE MINNEAPOLIS MN 55404 | 1616 PARK LLC | LAND-COMMERCIAL | $51,600 | 40 ft |
| 630 17TH ST E MINNEAPOLIS MN 55404 | A T TOLEDO | RESIDENTIAL-TWO UNIT | $431,800 | 108 ft |
| 1606 PARK AVE MINNEAPOLIS MN 55404 | 1616 PARK LLC | COMMERCIAL-PREFERRED | $1,413,000 | 124 ft |
| 631 16TH ST E MINNEAPOLIS MN 55404 | 1616 PARK LLC | LAND-COMMERCIAL | $155,100 | 200 ft |
| 1600 PARK AVE MINNEAPOLIS MN 55404 | 1600 PARK LLC | LOW INCOME RENTAL | $952,200 | 217 ft |
| 1625 PARK AVE MINNEAPOLIS MN 55404 | 1625PARK LLC | COMMERCIAL-PREFERRED | $654,300 | 220 ft |
| 625 16TH ST E MINNEAPOLIS MN 55404 | CITY OF LAKES CARE CENTER | MED/CARE FACILITY | $0 | 239 ft |
| 1611 PARK AVE MINNEAPOLIS MN 55404 | LEGAL RIGHTS CENTER INC | COMMERCIAL-PREFERRED | $0 | 248 ft |
| 1605 PARK AVE MINNEAPOLIS MN 55404 | ERIC C WHIPPLE | RESIDENTIAL | $470,000 | 276 ft |
| 708 17TH ST E MINNEAPOLIS MN 55404 | LEGAL RIGHTS CENTER INC | LAND-COMMERCIAL | $0 | 298 ft |
Most Recent Sale
Current Tax Year