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.
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
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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1605 PORTLAND AVE MINNEAPOLIS MN 55404 | GLEN M JOHNSON | CONDOMINIUM | $127,000 | 0 ft |
| 1605 PORTLAND AVE MINNEAPOLIS MN 55404 | LEROY ELLSWORTH SMITH | CONDOMINIUM | $133,000 | 0 ft |
| 1605 PORTLAND AVE MINNEAPOLIS MN 55404 | BENJAMIN VANDENBELT | CONDOMINIUM | $128,000 | 0 ft |
| 1605 PORTLAND AVE MINNEAPOLIS MN 55404 | EPSTEIN ENTERPRISES LLC | CONDOMINIUM | $128,000 | 0 ft |
| 1601 PORTLAND AVE MINNEAPOLIS MN 55404 | SOVEREIGN INVESTMENTS INC | APARTMENT | $485,100 | 47 ft |
| 1609 PORTLAND AVE MINNEAPOLIS MN 55404 | MINNESOTA TEEN CHALLENGE INC | VACANT LAND-APARTMENT | $0 | 54 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 |