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.
24 permits on record since 2003 · $2.2M total declared value · Most recent: Nov 2023 (commfdrr)
Owens Companies Inc
Bracon LLC
Wencl Services Inc
Mission Contracting LLC
WENZEL HEATING AND AIR CONDITIONING
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 |
|---|---|---|---|---|
| 3171 5TH ST S E MINNEAPOLIS MN 55414 | PANTS OPTIONAL LLC | LAND - INDUSTRIAL | $1,345,400 | 287 ft |
| 502 MALCOLM AVE S E MINNEAPOLIS MN 55414 | REGENTS OF UNIV OF MINN | LAND - INDUSTRIAL | $0 | 294 ft |
| 520 MALCOLM AVE S E MINNEAPOLIS MN 55414 | PANTS OPTIONAL LLC | INDUSTRIAL-PREFERRED | $5,600,000 | 470 ft |
| 3201 5TH ST S E MINNEAPOLIS MN 55414 | PANTS OPTIONAL LLC | LAND - INDUSTRIAL | $71,300 | 483 ft |
| 522 MALCOLM AVE S E MINNEAPOLIS MN 55414 | PANTS OPTIONAL LLC | INDUSTRIAL-PREFERRED | $5,200,000 | 486 ft |
| 3141 EUSTIS ST S E MINNEAPOLIS MN 55414 | ST CROIX PARTNERS LLC | LAND - INDUSTRIAL | $1,050,500 | 486 ft |
| 1 MALCOLM AVE S E MINNEAPOLIS MN 55414 | RHOMBERG-REICH PROP LLC | COMMERCIAL-PREFERRED | $1,806,000 | 537 ft |
| 3245 4TH ST S E MINNEAPOLIS MN 55414 | ST CROIX PARTNERS LLC | LAND - INDUSTRIAL | $2,961,800 | 575 ft |
| 520 MALCOLM AVE S E MINNEAPOLIS MN 55414 | WALL DEVELOPMENT COMPANY LLC | INDUSTRIAL-PREFERRED | $3,100 | 591 ft |
| 3123 4TH ST S E MINNEAPOLIS MN 55414 | SIMONSON RATLIFF LIV TRUST | RESIDENTIAL | $386,800 | 686 ft |