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 ↗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 ↗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 1049.02
Zip code 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.
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 |
|---|---|---|---|---|
| 42 WILLIAMS AVE SE MINNEAPOLIS MN 55414 | MPLS PUBLIC HOUSING AUTH | APARTMENT | $0 | 274 ft |
| 2721 DELAWARE ST S E MINNEAPOLIS MN 55414 | REGAN L METCALF | TRIPLEX | $582,600 | 325 ft |
| 2827 WILLIAMS AVE SE MINNEAPOLIS MN 55414 | PROSPECT PARK ASSOC LLC | LAND-COMMERCIAL | $351,600 | 345 ft |
| 215 ST MARYS AVE MINNEAPOLIS MN 55414 | KORHAN YESIL | APARTMENT | $552,000 | 372 ft |
| 2835 WILLIAMS AVE SE MINNEAPOLIS MN 55414 | NORTH STAR PARTNERS LLC | RESIDENTIAL-TWO UNIT | $533,000 | 374 ft |
| 2717 DELAWARE ST S E MINNEAPOLIS MN 55414 | GUINEA PIG LLC | RESIDENTIAL-TWO UNIT | $468,400 | 381 ft |
| 2800 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | SOUTHEAST MPLS HOTELS LLC | COMMERCIAL-PREFERRED | $11,850,000 | 385 ft |
| 2812 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | MPLS HOTEL VENTURES LLC | COMMERCIAL-PREFERRED | $9,506,000 | 388 ft |
| 2838 DELAWARE ST S E MINNEAPOLIS MN 55414 | MPLS PUBLIC HOUSING AUTH | APARTMENT | $0 | 392 ft |
| 2701 ESSEX ST S E MINNEAPOLIS MN 55414 | MPLS PUBLIC HOUSING AUTH | APARTMENT | $0 | 395 ft |