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
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 small multifamily (2–4 units, wood frame) benchmarks for 2,944 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 612 ERIE ST S E MINNEAPOLIS MN 55414 | FRIENDS OF ANSELM HOUSE | RESIDENTIAL | $332,000 | 35 ft |
| 604 ERIE ST S E MINNEAPOLIS MN 55414 | D S MEEKER & P MEEKER SANTOS | RESIDENTIAL-TWO UNIT | $473,400 | 39 ft |
| 614 ERIE ST S E MINNEAPOLIS MN 55414 | J R PEMBLE & B G JACKSON | RESIDENTIAL | $314,200 | 65 ft |
| 918 FULTON ST S E MINNEAPOLIS MN 55414 | WALTER CHAN | RESIDENTIAL-TWO UNIT | $275,900 | 88 ft |
| 616 ERIE ST S E MINNEAPOLIS MN 55414 | J R PEMBLE & B G JACKSON | VACANT LAND-RESIDENTIAL | $149,000 | 96 ft |
| 926 FULTON ST S E MINNEAPOLIS MN 55414 | WILLIAM K CHAN & MAY CHAN | APARTMENT | $661,000 | 99 ft |
| 914 FULTON ST S E MINNEAPOLIS MN 55414 | WILLIAM K CHAN ET AL | RESIDENTIAL | $212,700 | 103 ft |
| 618 ERIE ST S E MINNEAPOLIS MN 55414 | 620ERIE LLC | APARTMENT | $2,764,000 | 130 ft |
| 607 ONTARIO ST S E MINNEAPOLIS MN 55414 | U OF MN FDN DINNAKEN HSG LLC | APARTMENT | $0 | 160 ft |
| 622 ERIE ST S E MINNEAPOLIS MN 55414 | WOOLLY MAMMOTH LLC | RESIDENTIAL-TWO UNIT | $330,600 | 163 ft |
Most Recent Sale
Current Tax Year