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 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 |
|---|---|---|---|---|
| 524 ONTARIO ST S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIVERSITY MN | LAND-COMMERCIAL | $0 | 51 ft |
| 815 FULTON ST S E MINNEAPOLIS MN 55414 | REGENTS OF THE U OF M | LAND-COMMERCIAL | $0 | 75 ft |
| 518 ONTARIO ST S E MINNEAPOLIS MN 55414 | REGENTS OF UNIVERSITY OF MN | LAND-COMMERCIAL | $0 | 92 ft |
| 811 FULTON ST S E MINNEAPOLIS MN 55414 | REGENTS OF THE U OF M | LAND-COMMERCIAL | $0 | 128 ft |
| 516 ONTARIO ST S E MINNEAPOLIS MN 55414 | REGENTS OF UNIV OF MN | LAND-COMMERCIAL | $0 | 129 ft |
| 525 ONTARIO ST S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIVERSITY MN | COMMERCIAL-PREFERRED | $0 | 147 ft |
| 523 ONTARIO ST S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIVERSITY MN | COMMERCIAL-PREFERRED | $0 | 153 ft |
| 820 FULTON ST S E MINNEAPOLIS MN 55414 | RONALD MCDONALD HSG CH/UP/MD | APARTMENT | $0 | 154 ft |
| 512 ONTARIO ST S E MINNEAPOLIS MN 55414 | REGENTS/UNIVERSITY/MINNESOTA | RESIDENTIAL | $280,700 | 162 ft |
| 519 ONTARIO ST S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIVERSITY MN | COMMERCIAL-PREFERRED | $0 | 171 ft |
Most Recent Sale
Current Tax Year