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 ↗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 ↗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.
6 permits on record since 2018 · $22.5M total declared value · Most recent: Sep 2019 (commercial multi-family)
WENZEL HEATING AND AIR CONDITIONING
WENZEL HEATING AND AIR CONDITIONING
WENZEL HEATING AND AIR CONDITIONING
BIG-D CONSTRUCTION
Budget Plumbing Corp
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
Most Recent Sale
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 |
|---|---|---|---|---|
| 2721 4TH ST S E MINNEAPOLIS MN 55414 | REGENTS OF UNIVERSITY OF MN | LAND-COMMERCIAL | $0 | 164 ft |
| 2905 4TH ST S E MINNEAPOLIS MN 55414 | CITY OF MINNEAPOLIS | LAND-COMMERCIAL | $0 | 281 ft |
| 2811 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | UNITED STATES POSTAL SERVICE | COMMERCIAL-PREFERRED | $0 | 314 ft |
| 2725 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | 4TECH LLC | COMMERCIAL-PREFERRED | $1,973,000 | 360 ft |
| 2717 4TH ST S E MINNEAPOLIS MN 55414 | SZ MINNEAPOLIS APTS LLC | APARTMENT | $31,313,000 | 364 ft |
| 2829 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | REGENTS OF UNIVERSITY OF MN | COMMERCIAL-PREFERRED | $0 | 378 ft |
| 2925 4TH ST S E MINNEAPOLIS MN 55414 | G4 PARTNERS LLC | VACANT LAND-APARTMENT | $496,600 | 380 ft |
| 301 29TH AVE S E MINNEAPOLIS MN 55414 | REGENTS/UNIVERSITY/MINNESOTA | LAND - INDUSTRIAL | $0 | 428 ft |
| 501 29TH AVE S E MINNEAPOLIS MN 55414 | REGENTS OF UNIVERSITY OF MN | LAND - INDUSTRIAL | $0 | 461 ft |
| 2701 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | 27TH & UNIVERSITY LLP ET AL | COMMERCIAL-PREFERRED | $5,800,000 | 483 ft |