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 2001 · $1.1M total declared value · Most recent: Jun 2001 (building re-inspection)
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 |
|---|---|---|---|---|
| 3008 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | KHAN & KHAN LLP | COMMERCIAL-PREFERRED | $1,070,000 | 74 ft |
| 3014 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | N H KHATOON & H M KHAN ET AL | COMMERCIAL-PREFERRED | $1,013,000 | 124 ft |
| 3018 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | TEXTILE CENTER OF MINNESOTA | COMMERCIAL-PREFERRED | $0 | 175 ft |
| 15 ARTHUR AVE S E MINNEAPOLIS MN 55414 | 15 ARTHUR AVE MN LLC | RESIDENTIAL-TWO UNIT | $484,200 | 181 ft |
| 19 SIDNEY PL MINNEAPOLIS MN 55414 | 19 SIDNEY LLC | RESIDENTIAL-TWO UNIT | $412,000 | 191 ft |
| 18 ARTHUR AVE S E MINNEAPOLIS MN 55414 | FRANK BERGMAN PROPERTIES LLC | APARTMENT | $1,191,000 | 202 ft |
| 2900 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | KAREN A CAPLOW | CONDOMINIUM | $239,000 | 228 ft |
| 2900 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | YE WANG | CONDOMINIUM | $239,000 | 228 ft |
| 2900 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | D&Y INVESTMENT LLC | CONDOMINIUM | $216,000 | 228 ft |
| 2900 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | SALO RESEARCH/DEVEL II CORP | CONDOMINIUM | $241,000 | 228 ft |