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.
4 permits on record since 2020 · $30K total declared value · Most recent: Feb 2022 (commfdnr)
Metropolitan Mechanical Contractors Inc
Metropolitan Mechanical Contractors Inc
Metropolitan Mechanical Contractors Inc
Warners Stellian Co Inc
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 |
|---|---|---|---|---|
| 3033 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | VLSHRE PILLARS LLC | APARTMENT | $56,287,000 | 145 ft |
| 3020 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | 3020 ON THE RAIL LLC | APARTMENT | $3,700,000 | 257 ft |
| 3018 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | TEXTILE CENTER OF MINNESOTA | COMMERCIAL-PREFERRED | $0 | 259 ft |
| 3014 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | N H KHATOON & H M KHAN ET AL | COMMERCIAL-PREFERRED | $1,013,000 | 313 ft |
| 3036 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | GENESIS II FOR WOMEN INC | COMMERCIAL-PREFERRED | $0 | 324 ft |
| 3008 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | KHAN & KHAN LLP | COMMERCIAL-PREFERRED | $1,070,000 | 328 ft |
| 2929 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | RISE AT PROSPECT PARK OWNER | APARTMENT | $79,200,000 | 355 ft |
| 3000 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | TEXTILE CENTER OF MINN | COMMERCIAL-PREFERRED | $0 | 360 ft |
| 19 SIDNEY PL MINNEAPOLIS MN 55414 | 19 SIDNEY LLC | RESIDENTIAL-TWO UNIT | $412,000 | 365 ft |
| 21 MALCOLM AVE S E MINNEAPOLIS MN 55414 | JUDITH A LARSON | APARTMENT | $582,900 | 366 ft |