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.
1 permit on record since 2022 · Most recent: Feb 2022 (res)
CenterPoint Energy Resource Corp
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
Urban Neighborhood 3 — medium-density residential
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on sfr / adu benchmarks for 861 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 918 FULTON ST S E MINNEAPOLIS MN 55414 | WALTER CHAN | RESIDENTIAL-TWO UNIT | $275,900 | 50 ft |
| 604 ERIE ST S E MINNEAPOLIS MN 55414 | D S MEEKER & P MEEKER SANTOS | RESIDENTIAL-TWO UNIT | $473,400 | 74 ft |
| 926 FULTON ST S E MINNEAPOLIS MN 55414 | WILLIAM K CHAN & MAY CHAN | APARTMENT | $661,000 | 100 ft |
| 608 ERIE ST S E MINNEAPOLIS MN 55414 | JOHN R PEMBLE | RESIDENTIAL | $362,700 | 103 ft |
| 605 ONTARIO ST S E MINNEAPOLIS MN 55414 | U OF MN FDN DINNAKEN HSG LLC | APARTMENT | $0 | 106 ft |
| 612 ERIE ST S E MINNEAPOLIS MN 55414 | FRIENDS OF ANSELM HOUSE | RESIDENTIAL | $332,000 | 134 ft |
| 607 ONTARIO ST S E MINNEAPOLIS MN 55414 | U OF MN FDN DINNAKEN HSG LLC | APARTMENT | $0 | 139 ft |
| 614 ERIE ST S E MINNEAPOLIS MN 55414 | J R PEMBLE & B G JACKSON | RESIDENTIAL | $314,200 | 162 ft |
| 915 FULTON ST S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIVERSITY MN | COMMERCIAL-PREFERRED | $0 | 177 ft |
| 919 FULTON ST S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIVERSITY MN | COMMERCIAL-PREFERRED | $0 | 178 ft |
Most Recent Sale
Current Tax Year