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 ↗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 ↗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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Corner-lot envelopes may require contextual setback review and should be treated as planning estimates.
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 |
|---|---|---|---|---|
| 2001 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | REGENTS/UNIVERSITY OF MN | COMMERCIAL-PREFERRED | $3,820,000 | 318 ft |
| 2115 4TH ST S E MINNEAPOLIS MN 55414 | REGENTS OF UNIV OF MN | COMMERCIAL-PREFERRED | $0 | 325 ft |
| 2030 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | UNIVERSITY OF MN | COMMERCIAL-PREFERRED | $0 | 366 ft |
| 2221 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIVERSITY MN | COMMERCIAL-PREFERRED | $0 | 477 ft |
| 2218 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIV OF MN | COMMERCIAL-PREFERRED | $0 | 491 ft |
| 206 ONTARIO ST S E MINNEAPOLIS MN 55414 | CITY OF MPLS | COMMERCIAL-PREFERRED | $0 | 511 ft |
| 1027 ESSEX ST S E MINNEAPOLIS MN 55414 | CITY OF MINNEAPOLIS | LAND-COMMERCIAL | $0 | 697 ft |
| 1923 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | UNIV OF MINN | COMMERCIAL-PREFERRED | $0 | 723 ft |
| 2001 6TH ST S E MINNEAPOLIS MN 55414 | REGENTS OF UNIV OF MN | COMMERCIAL-PREFERRED | $0 | 742 ft |
| 80 CHURCH ST S E MINNEAPOLIS MN 55455 | UNIVERSITY OF MINNESOTA | LAND-COMMERCIAL | $1,507,100 | 1,906 ft |
Most Recent Sale
Current Tax Year