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.
6 permits on record since 2000 · $1.7M total declared value · Most recent: Aug 2025 (commfdnr)
Wencl Services Inc
Elite Plumbing and Drain Cleaning LLC
QIN CONSTRUCTION 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 |
|---|---|---|---|---|
| 2811 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | UNITED STATES POSTAL SERVICE | COMMERCIAL-PREFERRED | $0 | 156 ft |
| 2701 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | 27TH & UNIVERSITY LLP ET AL | COMMERCIAL-PREFERRED | $5,800,000 | 190 ft |
| 2721 4TH ST S E MINNEAPOLIS MN 55414 | REGENTS OF UNIVERSITY OF MN | LAND-COMMERCIAL | $0 | 319 ft |
| 2720 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | 2720 UNIVERSITY LLC | COMMERCIAL-PREFERRED | $2,000,000 | 360 ft |
| 2813 4TH ST S E MINNEAPOLIS MN 55414 | HIC/ARTICLE MICRO LLC | APARTMENT | $25,097,000 | 360 ft |
| 2829 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | REGENTS OF UNIVERSITY OF MN | COMMERCIAL-PREFERRED | $0 | 362 ft |
| 2717 4TH ST S E MINNEAPOLIS MN 55414 | SZ MINNEAPOLIS APTS LLC | APARTMENT | $31,313,000 | 367 ft |
| 2800 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | SOUTHEAST MPLS HOTELS LLC | COMMERCIAL-PREFERRED | $11,850,000 | 410 ft |
| 2700 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | LAMBERT PROPERTIES LLC | COMMERCIAL-PREFERRED | $2,805,000 | 430 ft |
| 215 ST MARYS AVE MINNEAPOLIS MN 55414 | KORHAN YESIL | APARTMENT | $552,000 | 456 ft |