ParcelLens
Property Intelligence · Twin Cities
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Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗Located in the Minneapolis South Green Zone — priority access to Great Streets financing, energy cost-share programs, and CPED gap financing.
Minneapolis Green Zones ↗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 ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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 ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.
Minneapolis — Brownfield Grants ↗Signals are based on public datasets; program eligibility requires verification.
No permits found in Minneapolis open data for this parcel.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1258
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
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 44,114 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2418 ELLIOT AVE MINNEAPOLIS MN 55404 | TRILLIUM GRAND OWNER LLC | VACANT LAND-RESIDENTIAL | $25,000 | 162 ft |
| 2421 CHICAGO AVE MINNEAPOLIS MN 55404 | WALK-IN COUNSELING CTR INC | COMMERCIAL-PREFERRED | $0 | 165 ft |
| 2423 CHICAGO AVE MINNEAPOLIS MN 55404 | AMERICAN INDIAN ELD HSG LLC | COMMERCIAL-PREFERRED | $0 | 209 ft |
| 2422 ELLIOT AVE MINNEAPOLIS MN 55404 | GHOLAMREZA ASHRAFZADEHKIAN | RESIDENTIAL-TWO UNIT | $277,000 | 210 ft |
| 2427 CHICAGO AVE MINNEAPOLIS MN 55404 | DOUGLAS SWEET | RESIDENTIAL-TWO UNIT | $292,000 | 254 ft |
| 2400 CHICAGO AVE MINNEAPOLIS MN 55404 | UGAS PROPERTIES LLC | RESIDENTIAL | $385,000 | 254 ft |
| 2426 ELLIOT AVE MINNEAPOLIS MN 55404 | NIMO MOHAMED/SAMATER MOHAMED | RESIDENTIAL | $374,000 | 255 ft |
| 2407 ELLIOT AVE MINNEAPOLIS MN 55404 | LEILENA S BAYOU ET AL | RESIDENTIAL-TWO UNIT | $263,200 | 258 ft |
| 2320 ELLIOT AVE MINNEAPOLIS MN 55404 | OUR SAVIOUR'S LUTHERAN CHRCH | RESIDENTIAL-TWO UNIT | $0 | 259 ft |
| 2405 ELLIOT AVE MINNEAPOLIS MN 55404 | THUPTEN GYATSO | RESIDENTIAL-TWO UNIT | $300,200 | 261 ft |
Most Recent Sale
Current Tax Year