ParcelLens
Property Intelligence · Twin Cities
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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 ↗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 ↗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 |
|---|---|---|---|---|
| 2925 4TH ST S E MINNEAPOLIS MN 55414 | G4 PARTNERS LLC | VACANT LAND-APARTMENT | $496,600 | 229 ft |
| 501 30TH AVE S E MINNEAPOLIS MN 55414 | MALCOLM YARDS MARKET LLC | COMMERCIAL-NON PREFERRED | $2,293,900 | 263 ft |
| 415 29TH AVE S E MINNEAPOLIS MN 55414 | REGENTS OF UNIV OF MINN | LAND - INDUSTRIAL | $0 | 270 ft |
| 2929 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | RISE AT PROSPECT PARK OWNER | APARTMENT | $79,200,000 | 316 ft |
| 3001 4TH ST S E MINNEAPOLIS MN 55414 | PROSPECT PARK LTD PTNRSHP | APARTMENT | $13,800,000 | 325 ft |
| 2905 4TH ST S E MINNEAPOLIS MN 55414 | CITY OF MINNEAPOLIS | LAND-COMMERCIAL | $0 | 329 ft |
| 2 MALCOLM AVE S E MINNEAPOLIS MN 55414 | KTJ 292 LLC | COMMERCIAL-PREFERRED | $1,470,000 | 476 ft |
| 525 MALCOLM AVE S E MINNEAPOLIS MN 55414 | WALL DEVELOPMENT CO LLC | INDUSTRIAL-PREFERRED | $2,150,600 | 494 ft |
| 501 MALCOLM AVE S E MINNEAPOLIS MN 55414 | MALCOLM STATION APTS LLC | APARTMENT | $45,638,000 | 494 ft |
| 3033 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | VLSHRE PILLARS LLC | APARTMENT | $56,287,000 | 519 ft |