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 ↗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.
No permits found in Minneapolis open data for this parcel.
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 |
|---|---|---|---|---|
| 701 29TH AVE S E MINNEAPOLIS MN 55414 | CHICAGO & NORTHWESTERN RR | RAILROAD | $770,900 | 325 ft |
| 525 MALCOLM AVE S E MINNEAPOLIS MN 55414 | WALL DEVELOPMENT CO LLC | INDUSTRIAL-PREFERRED | $2,150,600 | 353 ft |
| 700 29TH AVE S E MINNEAPOLIS MN 55414 | MILL CITY DATA INC | INDUSTRIAL-PREFERRED | $0 | 437 ft |
| 600 27TH AVE S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIV OF MN | LAND - INDUSTRIAL | $0 | 488 ft |
| 501 30TH AVE S E MINNEAPOLIS MN 55414 | MALCOLM YARDS MARKET LLC | COMMERCIAL-NON PREFERRED | $2,293,900 | 494 ft |
| 2721 BEACON ST S E MINNEAPOLIS MN 55414 | CHICAGO & NORTHWESTERN RR | RAILROAD | $6,500 | 497 ft |
| 602 27TH AVE S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIV OF MN | LAND - INDUSTRIAL | $0 | 503 ft |
| 518 MALCOLM AVE S E MINNEAPOLIS MN 55414 | CBK HOLDINGS LLC | LAND - INDUSTRIAL | $904,200 | 558 ft |
| 501 29TH AVE S E MINNEAPOLIS MN 55414 | REGENTS OF UNIVERSITY OF MN | LAND - INDUSTRIAL | $0 | 569 ft |
| 2905 4TH ST S E MINNEAPOLIS MN 55414 | CITY OF MINNEAPOLIS | LAND-COMMERCIAL | $0 | 579 ft |