ParcelLens
Property Intelligence · Twin Cities
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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.
3 permits on record since 2021 · $3K total declared value · Most recent: Feb 2025 (remodel)
TRUNORTH SOLAR
Hamlin Installations LLC
CenterPoint Energy Resource Corp
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 8,306 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3127 4TH ST S E MINNEAPOLIS MN 55414 | ANDREW GLASNOVICH | RESIDENTIAL | $369,400 | 56 ft |
| 3115 4TH ST S E MINNEAPOLIS MN 55414 | THOMAS E VEST | RESIDENTIAL | $388,200 | 75 ft |
| 3131 4TH ST S E MINNEAPOLIS MN 55414 | J CLARKE & A MARTHALER | RESIDENTIAL | $421,000 | 106 ft |
| 3111 4TH ST S E MINNEAPOLIS MN 55414 | 3109-3111 4TH STREET SE LLC | APARTMENT | $1,105,000 | 157 ft |
| 3135 4TH ST S E MINNEAPOLIS MN 55414 | CHAO LIN | RESIDENTIAL | $453,900 | 161 ft |
| 3132 4TH ST S E MINNEAPOLIS MN 55414 | ESMOND A HIRSCHFIELD | VACANT LAND-RESIDENTIAL | $600 | 192 ft |
| 3120 4TH ST S E MINNEAPOLIS MN 55414 | FRANKLIN ZOU LLC | RESIDENTIAL | $526,400 | 210 ft |
| 3126 4TH ST S E MINNEAPOLIS MN 55414 | M H FROMMELT & M FROMMELT | RESIDENTIAL | $314,000 | 212 ft |
| 3109 4TH ST S E MINNEAPOLIS MN 55414 | 3109-3111 4TH STREET SE LLC | APARTMENT | $1,188,000 | 214 ft |
| 3141 4TH ST S E MINNEAPOLIS MN 55414 | NERMEEN YOUSSEF | RESIDENTIAL | $282,000 | 217 ft |
Most Recent Sale
Current Tax Year