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 |
|---|---|---|---|---|
| 2725 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | 4TECH LLC | COMMERCIAL-PREFERRED | $1,973,000 | 156 ft |
| 2829 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | REGENTS OF UNIVERSITY OF MN | COMMERCIAL-PREFERRED | $0 | 207 ft |
| 2813 4TH ST S E MINNEAPOLIS MN 55414 | HIC/ARTICLE MICRO LLC | APARTMENT | $25,097,000 | 314 ft |
| 2701 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | 27TH & UNIVERSITY LLP ET AL | COMMERCIAL-PREFERRED | $5,800,000 | 345 ft |
| 2721 4TH ST S E MINNEAPOLIS MN 55414 | REGENTS OF UNIVERSITY OF MN | LAND-COMMERCIAL | $0 | 350 ft |
| 2800 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | SOUTHEAST MPLS HOTELS LLC | COMMERCIAL-PREFERRED | $11,850,000 | 379 ft |
| 2812 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | MPLS HOTEL VENTURES LLC | COMMERCIAL-PREFERRED | $9,506,000 | 410 ft |
| 2720 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | 2720 UNIVERSITY LLC | COMMERCIAL-PREFERRED | $2,000,000 | 417 ft |
| 2905 4TH ST S E MINNEAPOLIS MN 55414 | CITY OF MINNEAPOLIS | LAND-COMMERCIAL | $0 | 449 ft |
| 2717 4TH ST S E MINNEAPOLIS MN 55414 | SZ MINNEAPOLIS APTS LLC | APARTMENT | $31,313,000 | 467 ft |