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.
2 permits on record since 2021 · $202K total declared value · Most recent: Aug 2023 (roofwind)
WALKER ROOFING CO
Powder River Development Services, LLC obo T-Mobil
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 |
|---|---|---|---|---|
| 2425 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | 2407 UNIVERSITY INVEST LLC | COMMERCIAL-PREFERRED | $1,697,600 | 143 ft |
| 2328 4TH ST S E MINNEAPOLIS MN 55414 | REGENTS OF UNIVERSITY OF MN | LAND-COMMERCIAL | $0 | 208 ft |
| 2329 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | REGENTS OF UNIVERSITY OF MN | LAND-COMMERCIAL | $0 | 223 ft |
| 2315 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | REGENTS OF UNIVERSITY OF MN | LAND-COMMERCIAL | $0 | 326 ft |
| 2301 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | REGENTS OF UNIVERSITY OF MN | LAND-COMMERCIAL | $0 | 349 ft |
| 1032 WASHINGTON AVE S E MINNEAPOLIS MN 55414 | MPLS HURON PROPERTIES I LLC | APARTMENT | $4,150,000 | 359 ft |
| 2408 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | MPLS HURON PROPERTIES I LLC | APARTMENT | $9,130,000 | 379 ft |
| 2424 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | TIAM A LLC | COMMERCIAL-PREFERRED | $1,330,000 | 414 ft |
| 1024 WASHINGTON AVE S E MINNEAPOLIS MN 55414 | MPLS HURON PROPERTIES I LLC | APARTMENT | $14,940,000 | 446 ft |
| 2418 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | HOSSEIN AZHAKH | COMMERCIAL-PREFERRED | $1,470,000 | 446 ft |