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.
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
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 3-story wood frame (5–12 units) benchmarks for 3,777 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1600 PARK AVE MINNEAPOLIS MN 55404 | 1600 PARK LLC | LOW INCOME RENTAL | $952,200 | 109 ft |
| 1606 PARK AVE MINNEAPOLIS MN 55404 | 1616 PARK LLC | COMMERCIAL-PREFERRED | $1,413,000 | 112 ft |
| 630 17TH ST E MINNEAPOLIS MN 55404 | A T TOLEDO | RESIDENTIAL-TWO UNIT | $431,800 | 134 ft |
| 625 16TH ST E MINNEAPOLIS MN 55404 | CITY OF LAKES CARE CENTER | MED/CARE FACILITY | $0 | 138 ft |
| 1616 PARK AVE MINNEAPOLIS MN 55404 | 1616 PARK LLC | LAND-COMMERCIAL | $51,600 | 166 ft |
| 1520 PARK AVE MINNEAPOLIS MN 55404 | RHR PROPERTIES MGMT LLC | APARTMENT | $287,600 | 183 ft |
| 632 16TH ST E MINNEAPOLIS MN 55404 | MINNESOTA TEEN CHALLENGE INC | VACANT LAND-APARTMENT | $0 | 190 ft |
| 1622 PARK AVE MINNEAPOLIS MN 55404 | 1622 PARK LLC | COMMERCIAL-PREFERRED | $465,300 | 200 ft |
| 628 16TH ST E MINNEAPOLIS MN 55404 | MINNESOTA TEEN CHALLENGE INC | VACANT LAND-APARTMENT | $0 | 200 ft |
| 615 16TH ST E MINNEAPOLIS MN 55404 | 615 E 16TH LLC | APARTMENT | $1,919,000 | 216 ft |
Most Recent Sale
Current Tax Year