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 ↗Signals are based on public datasets; program eligibility requires verification.
14 permits on record since 2004 · $937K total declared value · Most recent: Oct 2025 (commfdrr)
Quality Refrigeration Inc
EGAN COMPANY
Silver Tree Plumbing and Heating LLC
GRAHAM CONSTRUCTION
Kraft Mechanical
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 5-over-1 podium (12–50 units) benchmarks for 19,526 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1223 9TH ST S MINNEAPOLIS MN 55404 | CCP MINNEAPOLIS 7005 LLC ETC | VACANT LAND-APARTMENT | $79,900 | 115 ft |
| 1201 9TH ST S MINNEAPOLIS MN 55404 | RAJINI KATIPAMULA MALISETTI | VACANT LAND-APARTMENT | $49,500 | 119 ft |
| 912 13TH AVE S MINNEAPOLIS MN 55404 | PATTI K WETTLIN | RESIDENTIAL-TWO UNIT | $362,400 | 130 ft |
| 918 13TH AVE S MINNEAPOLIS MN 55404 | CCP MINNEAPOLIS 7005 LLC | MED/CARE FACILITY | $157,700 | 141 ft |
| 908 13TH AVE S MINNEAPOLIS MN 55404 | GABRIEL HIPPLE | RESIDENTIAL-TWO UNIT | $192,500 | 152 ft |
| 1231 9TH ST S MINNEAPOLIS MN 55404 | CCP MINNEAPOLIS 7005 LLC | VACANT LAND-APARTMENT | $54,500 | 155 ft |
| 1515 11TH AVE S MINNEAPOLIS MN 55404 | ALFONSO VELEZ/GLORIA A VELEZ | APARTMENT | $527,400 | 167 ft |
| 1521 11TH AVE S MINNEAPOLIS MN 55404 | AUGUSTANA PROPERTIES LLC | APARTMENT | $425,700 | 168 ft |
| 1517 11TH AVE S MINNEAPOLIS MN 55404 | YIBEYIN ALEMU | TRIPLEX | $561,300 | 171 ft |
| 1509 11TH AVE S MINNEAPOLIS MN 55404 | J D C CUMBE & M O P PAREDES | TRIPLEX | $429,300 | 179 ft |
Most Recent Sale
Current Tax Year