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 ↗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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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.
6 permits on record since 2019 · $1.5M total declared value · Most recent: Apr 2026 (commaj)
Bedrock Plumbing LLC
Perfection Heating and Air Conditioning Inc
Bedrock Plumbing LLC
Perfection Heating and Air Conditioning Inc
Bedrock Restoration
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
Downtown Center 1 — urban core district
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1104 8TH ST S MINNEAPOLIS MN 55404 | BETHLEHEM BAPTIST CH OF MPLS | LAND-COMMERCIAL | $0 | 60 ft |
| 1118 8TH ST S MINNEAPOLIS MN 55404 | BETHLEHEM BAPTIST CH OF MPLS | COMMERCIAL-PREFERRED | $0 | 87 ft |
| 719 11TH AVE S MINNEAPOLIS MN 55415 | SEELIG & BUCHANAN HLDNGS LLC | VACANT LAND-APARTMENT | $72,800 | 93 ft |
| 1100 8TH ST S MINNEAPOLIS MN 55404 | ANNE S BUCHANAN TRUST | TRIPLEX | $487,200 | 107 ft |
| 717 11TH AVE S MINNEAPOLIS MN 55415 | SEELIG & BUCHANAN HLDNGS LLC | VACANT LAND-APARTMENT | $72,800 | 108 ft |
| 1111 7TH ST S MINNEAPOLIS MN 55415 | 2625 18TH AVE S LLC ET AL | APARTMENT | $3,523,500 | 168 ft |
| 1121 7TH ST S MINNEAPOLIS MN 55415 | BETHLEHEM BAPTIST CH OF MPLS | COMMERCIAL-PREFERRED | $0 | 182 ft |
| 1101 7TH ST S MINNEAPOLIS MN 55415 | SIGI DEVELOPMENT LLC | APARTMENT | $1,838,700 | 196 ft |
| 1130 8TH ST S MINNEAPOLIS MN 55404 | AEON PRESERVATION LP | LOW INCOME RENTAL | $3,572,100 | 203 ft |
| 1105 8TH ST S MINNEAPOLIS MN 55404 | EAST VILLAGE LLC | APARTMENT | $7,510,000 | 270 ft |
Most Recent Sale
Current Tax Year