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.
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
Residential Mixed-Use 3 — higher-density mixed residential
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2035 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | REGENTS OF UNIVERSITY OF MN | LAND-COMMERCIAL | $0 | 325 ft |
| 2001 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | REGENTS/UNIVERSITY OF MN | COMMERCIAL-PREFERRED | $3,820,000 | 444 ft |
| 2001 6TH ST S E MINNEAPOLIS MN 55414 | REGENTS OF UNIV OF MN | COMMERCIAL-PREFERRED | $0 | 449 ft |
| 2221 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIVERSITY MN | COMMERCIAL-PREFERRED | $0 | 596 ft |
| 2030 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | UNIVERSITY OF MN | COMMERCIAL-PREFERRED | $0 | 691 ft |
| 1923 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | UNIV OF MINN | COMMERCIAL-PREFERRED | $0 | 760 ft |
| 80 CHURCH ST S E MINNEAPOLIS MN 55455 | UNIVERSITY OF MINNESOTA | LAND-COMMERCIAL | $1,507,100 | 2,079 ft |
Current Tax Year