ParcelLens
Property Intelligence · Twin Cities
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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 ↗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.
1 permit on record since 2025 · $349K total declared value · Most recent: Oct 2025 (roofwind)
CENTIMARK
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Prospect Park - East River Road · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1256
Zip code 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
Current Tax Year
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 |
|---|---|---|---|---|
| 620 MALCOLM AVE S E MINNEAPOLIS MN 55414 | BOULANDER REAL ESTATE LLC | INDUSTRIAL-PREFERRED | $5,801,500 | 418 ft |
| 581 KASOTA AVE MINNEAPOLIS MN 55414 | BN RR CO | RAILROAD | $0 | 438 ft |
| 525 KASOTA AVE MINNEAPOLIS MN 55414 | CHICAGO & NORTHWESTERN RR CO | RAILROAD | $1,140,400 | 811 ft |
| 1 ADDRESS PENDING MINNEAPOLIS MN 00000 | CHICAGO & NORTHWESTERN RR | RAILROAD | $1,054,000 | 1,126 ft |
| 690 23RD AVE S E MINNEAPOLIS MN 55414 | BURLINGTON NORTHERN RR CO | RAILROAD | $0 | 1,529 ft |
| 700 23RD AVE S E MINNEAPOLIS MN 55414 | B N & SANTA FE RR CO | RAILROAD | $0 | 1,729 ft |
| 1800 ELM ST S E MINNEAPOLIS MN 55414 | CHICAGO & NORTHWESTERN RR | RAILROAD | $16,896,800 | 1,891 ft |