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.
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
Urban Neighborhood 2 — moderate-density residential
Setbacks
Estimated Buildable Footprint
Lot dimensions are insufficient for the standard setbacks shown.
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
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 |
|---|---|---|---|---|
| 3132 4TH ST S E MINNEAPOLIS MN 55414 | NICHOLAS BERG | RESIDENTIAL | $369,400 | 51 ft |
| 3138 4TH ST S E MINNEAPOLIS MN 55414 | W & R WANG | RESIDENTIAL | $291,100 | 54 ft |
| 3142 4TH ST S E MINNEAPOLIS MN 55414 | BARBARA C BRAUER REV TRUST | RESIDENTIAL | $276,900 | 86 ft |
| 3126 4TH ST S E MINNEAPOLIS MN 55414 | M H FROMMELT & M FROMMELT | RESIDENTIAL | $314,000 | 92 ft |
| 3146 4TH ST S E MINNEAPOLIS MN 55414 | O NEEDLEMAN & C NEEDLEMAN | RESIDENTIAL | $374,500 | 131 ft |
| 3120 4TH ST S E MINNEAPOLIS MN 55414 | FRANKLIN ZOU LLC | RESIDENTIAL | $526,400 | 137 ft |
| 3307 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | PTG HOLDINGS LLC | RESIDENTIAL | $398,800 | 147 ft |
| 3309 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | HAMDY A MAKKY | APARTMENT | $561,000 | 153 ft |
| 3131 4TH ST S E MINNEAPOLIS MN 55414 | J CLARKE & A MARTHALER | RESIDENTIAL | $421,000 | 162 ft |
| 3315 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | 3315 UNIVERSITY AVE SE LLC | RESIDENTIAL | $247,000 | 166 ft |
Current Tax Year