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 ↗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 ↗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 1054
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 4,226 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 501 14TH ST E MINNEAPOLIS MN 55404 | CHAMPLIN CROSSING APTS LLC | APARTMENT | $1,744,200 | 55 ft |
| 1400 PORTLAND AVE MINNEAPOLIS MN 55404 | CHDC SLATER LLC | APARTMENT | $3,534,000 | 101 ft |
| 1412 PORTLAND AVE MINNEAPOLIS MN 55404 | CHDC SLATER LLC | APARTMENT | $2,003,000 | 109 ft |
| 508 15TH ST E MINNEAPOLIS MN 55404 | CHAMPLIN CROSSING APTS LLC | APARTMENT | $1,649,700 | 125 ft |
| 500 15TH ST E MINNEAPOLIS MN 55404 | CHAMPLIN CROSSING APTS LLC | APARTMENT | $1,794,600 | 137 ft |
| 1416 PORTLAND AVE MINNEAPOLIS MN 55404 | CHDC SLATER LLC | APARTMENT | $2,759,000 | 145 ft |
| 500 14TH ST E MINNEAPOLIS MN 55404 | 500 EAST LLC | APARTMENT | $6,000,000 | 172 ft |
| 1420 PORTLAND AVE MINNEAPOLIS MN 55404 | CHDC SLATER LLC | APARTMENT | $2,589,000 | 189 ft |
| 1300 PORTLAND AVE MINNEAPOLIS MN 55404 | CP GRANT LLC | APARTMENT | $9,170,000 | 293 ft |
| 505 GRANT ST E MINNEAPOLIS MN 55404 | ST PAUL DEVELOPMENT CORP | COMMERCIAL-PREFERRED | $1,713,600 | 296 ft |
Most Recent Sale
Current Tax Year