ParcelLens
Property Intelligence · Twin Cities
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On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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 ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.
Minneapolis — Brownfield Grants ↗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 1049.02
Zip code 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
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 |
|---|---|---|---|---|
| 2408 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | MPLS HURON PROPERTIES I LLC | APARTMENT | $9,130,000 | 84 ft |
| 1024 WASHINGTON AVE S E MINNEAPOLIS MN 55414 | MPLS HURON PROPERTIES I LLC | APARTMENT | $14,940,000 | 88 ft |
| 2418 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | HOSSEIN AZHAKH | COMMERCIAL-PREFERRED | $1,470,000 | 175 ft |
| 1016 WASHINGTON AVE S E MINNEAPOLIS MN 55414 | MPLS HURON PROPERTIES I LLC | APARTMENT | $34,030,000 | 195 ft |
| 1025 DELAWARE ST S E MINNEAPOLIS MN 55414 | MPLS HURON PROPERTIES I LLC | APARTMENT | $20,750,000 | 213 ft |
| 2424 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | TIAM A LLC | COMMERCIAL-PREFERRED | $1,330,000 | 214 ft |
| 2324 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIV OF MN | LAND-COMMERCIAL | $0 | 253 ft |
| 201 25TH AVE S E MINNEAPOLIS MN 55414 | H A PROPERTIES LLC | COMMERCIAL-PREFERRED | $1,073,000 | 294 ft |
| 2329 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | REGENTS OF UNIVERSITY OF MN | LAND-COMMERCIAL | $0 | 302 ft |
| 2425 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | 2407 UNIVERSITY INVEST LLC | COMMERCIAL-PREFERRED | $1,697,600 | 310 ft |