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.
13 permits on record since 2003 · $642K total declared value · Most recent: Mar 2025 (roofwind)
QUALITY TRUSTED COMMERCIAL CONSTRUCTION & ROOFING
MasTec Network Solutions
Jayhawk Mechanical Inc
A T & T WIRELESS
LCC TELECOM SERVICES
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 1054
Zip code 55404
Source: Redfin Data Center (Invalid Date) · Zip 55404
Residential Mixed-Use 3 — higher-density mixed residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Corner-lot envelopes may require contextual setback review and should be treated as planning estimates.
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on mid-rise concrete (50+ units) benchmarks for 26,424 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 505 GRANT ST E MINNEAPOLIS MN 55404 | ST PAUL DEVELOPMENT CORP | COMMERCIAL-PREFERRED | $1,713,600 | 152 ft |
| 500 14TH ST E MINNEAPOLIS MN 55404 | 500 EAST LLC | APARTMENT | $6,000,000 | 173 ft |
| 1315 PORTLAND AVE MINNEAPOLIS MN 55404 | MN DIST COUNC/ASSEMB OF GOD | COMMERCIAL-PREFERRED | $0 | 202 ft |
| 1400 PORTLAND AVE MINNEAPOLIS MN 55404 | CHDC SLATER LLC | APARTMENT | $3,534,000 | 240 ft |
| 608 14TH ST E MINNEAPOLIS MN 55404 | DPD INVESTMENTS LLC | LAND-COMMERCIAL | $151,500 | 279 ft |
| 507 14TH ST E MINNEAPOLIS MN 55404 | COPENHAGEN-HANSEN FAM LLLP | APARTMENT | $1,863,000 | 293 ft |
| 500 GRANT ST E MINNEAPOLIS MN 55404 | R E HARPER JR/S SCHINDLBECK | CONDOMINIUM | $428,000 | 309 ft |
| 500 GRANT ST E MINNEAPOLIS MN 55404 | W S PARKER & K R PARKER TR | CONDOMINIUM | $390,000 | 309 ft |
| 500 GRANT ST E MINNEAPOLIS MN 55404 | MARIAM P MOKRI | CONDOMINIUM | $296,000 | 309 ft |
| 500 GRANT ST E MINNEAPOLIS MN 55404 | VLADIMIR D SPASIC | CONDOMINIUM | $259,000 | 309 ft |
Most Recent Sale
Current Tax Year