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.
2 permits on record since 2022 · $99K total declared value · Most recent: Oct 2022 (remodel)
GORDON JAMES CONSTRUCTION
Warners Stellian Co 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 small multifamily (2–4 units, wood frame) benchmarks for 1,467 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1622 PARK AVE MINNEAPOLIS MN 55404 | 1622 PARK LLC | COMMERCIAL-PREFERRED | $465,300 | 40 ft |
| 1606 PARK AVE MINNEAPOLIS MN 55404 | 1616 PARK LLC | COMMERCIAL-PREFERRED | $1,413,000 | 84 ft |
| 630 17TH ST E MINNEAPOLIS MN 55404 | A T TOLEDO | RESIDENTIAL-TWO UNIT | $431,800 | 100 ft |
| 631 16TH ST E MINNEAPOLIS MN 55404 | 1616 PARK LLC | LAND-COMMERCIAL | $155,100 | 166 ft |
| 1600 PARK AVE MINNEAPOLIS MN 55404 | 1600 PARK LLC | LOW INCOME RENTAL | $952,200 | 177 ft |
| 1625 PARK AVE MINNEAPOLIS MN 55404 | 1625PARK LLC | COMMERCIAL-PREFERRED | $654,300 | 219 ft |
| 625 16TH ST E MINNEAPOLIS MN 55404 | CITY OF LAKES CARE CENTER | MED/CARE FACILITY | $0 | 225 ft |
| 1611 PARK AVE MINNEAPOLIS MN 55404 | LEGAL RIGHTS CENTER INC | COMMERCIAL-PREFERRED | $0 | 234 ft |
| 1605 PARK AVE MINNEAPOLIS MN 55404 | ERIC C WHIPPLE | RESIDENTIAL | $470,000 | 255 ft |
| 1601 PARK AVE MINNEAPOLIS MN 55404 | VISIONBANK | RESIDENTIAL | $589,800 | 284 ft |
Most Recent Sale
Current Tax Year