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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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
Urban Neighborhood 3 — medium-density 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.
Back-of-envelope estimate based on sfr / adu benchmarks for 749 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 | 67 ft |
| 608 ERIE ST S E MINNEAPOLIS MN 55414 | JOHN R PEMBLE | RESIDENTIAL | $362,700 | 99 ft |
| 914 FULTON ST S E MINNEAPOLIS MN 55414 | WILLIAM K CHAN ET AL | RESIDENTIAL | $212,700 | 100 ft |
| 612 ERIE ST S E MINNEAPOLIS MN 55414 | FRIENDS OF ANSELM HOUSE | RESIDENTIAL | $332,000 | 131 ft |
| 601 ERIE ST S E MINNEAPOLIS MN 55414 | REGENTS/UNIVERSITY/MINNESOTA | VACANT LAND-APARTMENT | $257,500 | 155 ft |
| 614 ERIE ST S E MINNEAPOLIS MN 55414 | J R PEMBLE & B G JACKSON | RESIDENTIAL | $314,200 | 159 ft |
| 605 ERIE ST S E MINNEAPOLIS MN 55414 | REGENTS/UNIVERSITY/MINNESOTA | VACANT LAND-RESIDENTIAL | $168,000 | 159 ft |
| 607 ERIE ST S E MINNEAPOLIS MN 55414 | ERIE PROPERTIES LLC | RESIDENTIAL | $321,800 | 174 ft |
| 927 FULTON ST S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIVERSITY MN | COMMERCIAL-PREFERRED | $0 | 177 ft |
Most Recent Sale
Current Tax Year