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.
4 permits on record since 2019 · $110K total declared value · Most recent: Jun 2023 (commfdnr)
Airtech Thermex LLC
Alexander Plumbing LLC
LEONARDO'S BASEMENT
OPPIDAN
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 |
|---|---|---|---|---|
| 3001 4TH ST S E MINNEAPOLIS MN 55414 | PROSPECT PARK LTD PTNRSHP | APARTMENT | $13,800,000 | 150 ft |
| 7 MALCOLM AVE S E MINNEAPOLIS MN 55414 | METROPOLITAN COUNCIL | LAND - INDUSTRIAL | $0 | 171 ft |
| 9 MALCOLM AVE S E MINNEAPOLIS MN 55414 | SHOW HWANG | RESIDENTIAL | $247,100 | 181 ft |
| 15 MALCOLM AVE S E MINNEAPOLIS MN 55414 | MATTHEW MOTTL & LOGAN MOTTL | APARTMENT | $551,200 | 218 ft |
| 3107 4TH ST S E MINNEAPOLIS MN 55414 | 4TH ON CAMPUS LLC | APARTMENT | $932,000 | 271 ft |
| 1 MALCOLM AVE S E MINNEAPOLIS MN 55414 | RHOMBERG-REICH PROP LLC | COMMERCIAL-PREFERRED | $1,806,000 | 274 ft |
| 3109 4TH ST S E MINNEAPOLIS MN 55414 | 3109-3111 4TH STREET SE LLC | APARTMENT | $1,188,000 | 293 ft |
| 501 MALCOLM AVE S E MINNEAPOLIS MN 55414 | MALCOLM STATION APTS LLC | APARTMENT | $45,638,000 | 321 ft |
| 3033 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | VLSHRE PILLARS LLC | APARTMENT | $56,287,000 | 326 ft |
| 3111 4TH ST S E MINNEAPOLIS MN 55414 | 3109-3111 4TH STREET SE LLC | APARTMENT | $1,105,000 | 348 ft |