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 ↗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.
1 permit on record since 2013 · $209K total declared value · Most recent: Jul 2013 (binb)
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
Urban Neighborhood 2 — moderate-density residential
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 2,272 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3110 4TH ST S E MINNEAPOLIS MN 55414 | NCSN INC | RESIDENTIAL-TWO UNIT | $361,200 | 49 ft |
| 3118 4TH ST S E MINNEAPOLIS MN 55414 | 3118 4TH ST LLC | RESIDENTIAL-TWO UNIT | $512,400 | 52 ft |
| 3120 4TH ST S E MINNEAPOLIS MN 55414 | FRANKLIN ZOU LLC | RESIDENTIAL | $526,400 | 102 ft |
| 3121 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | BLAZE CREDIT UNION | LAND-COMMERCIAL | $210,000 | 115 ft |
| 3117 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | BLAZE CREDIT UNION | COMMERCIAL-PREFERRED | $1,250,000 | 134 ft |
| 3125 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | HUA SUN | RESIDENTIAL-TWO UNIT | $281,300 | 145 ft |
| 21 MALCOLM AVE S E MINNEAPOLIS MN 55414 | JUDITH A LARSON | APARTMENT | $582,900 | 151 ft |
| 3126 4TH ST S E MINNEAPOLIS MN 55414 | M H FROMMELT & M FROMMELT | RESIDENTIAL | $314,000 | 152 ft |
| 3301 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | ROBERT J MARESH | APARTMENT | $547,800 | 184 ft |
| 3132 4TH ST S E MINNEAPOLIS MN 55414 | NICHOLAS BERG | RESIDENTIAL | $369,400 | 202 ft |
Most Recent Sale
Current Tax Year