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.
1 permit on record since 2010 · $400K total declared value · Most recent: Aug 2010 (building re-inspection)
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 1049.02
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
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 |
|---|---|---|---|---|
| 507 OAK ST S E MINNEAPOLIS MN 55414 | REGENTS/UNIVERSITY/MINNESOTA | LAND-COMMERCIAL | $0 | 66 ft |
| 814 ESSEX ST S E MINNEAPOLIS MN 55414 | REGENTS/UNIVERSITY/MINNESOTA | SORORITY/FRATERNITY HOUSING | $0 | 105 ft |
| 515 OAK ST S E MINNEAPOLIS MN 55414 | REGENTS OF THE U OF M | LAND-COMMERCIAL | $0 | 132 ft |
| 818 ESSEX ST S E MINNEAPOLIS MN 55414 | REGENTS/UNIVERSITY/MINNESOTA | LAND-COMMERCIAL | $0 | 150 ft |
| 519 OAK ST S E MINNEAPOLIS MN 55414 | REGENTS OF THE U OF M | LAND-COMMERCIAL | $0 | 182 ft |
| 512 ONTARIO ST S E MINNEAPOLIS MN 55414 | REGENTS/UNIVERSITY/MINNESOTA | RESIDENTIAL | $280,700 | 189 ft |
| 510 ONTARIO ST S E MINNEAPOLIS MN 55414 | REGENTS/UNIVERSITY/MINNESOTA | RESIDENTIAL-TWO UNIT | $0 | 191 ft |
| 824 ESSEX ST S E MINNEAPOLIS MN 55414 | REGENTS/UNIVERSITY/MINNESOTA | LAND-COMMERCIAL | $0 | 200 ft |
| 516 ONTARIO ST S E MINNEAPOLIS MN 55414 | REGENTS OF UNIV OF MN | LAND-COMMERCIAL | $0 | 211 ft |
| 523 OAK ST S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIVERSITY MN | LAND-COMMERCIAL | $0 | 224 ft |
Most Recent Sale
Current Tax Year