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 ↗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.
14 permits on record since 2007 · $1.0M total declared value · Most recent: Jul 2023 (foodbev)
TOTAL MECHANICAL SERVICES INC
TOTAL MECHANICAL SERVICES INC
Pure Mechanical LLC
geo. grant construction llc
Yale Mechanical
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
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 |
|---|---|---|---|---|
| 528 ONTARIO ST S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIVERSITY MN | LAND-COMMERCIAL | $0 | 154 ft |
| 609 OAK ST S E MINNEAPOLIS MN 55414 | TAIRRIE HOUSE LLC | APARTMENT | $0 | 156 ft |
| 815 FULTON ST S E MINNEAPOLIS MN 55414 | REGENTS OF THE U OF M | LAND-COMMERCIAL | $0 | 160 ft |
| 608 ONTARIO ST S E MINNEAPOLIS MN 55414 | CHILDRENS ONCOLOGY SERVICES | APARTMENT | $0 | 178 ft |
| 524 ONTARIO ST S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIVERSITY MN | LAND-COMMERCIAL | $0 | 196 ft |
| 811 FULTON ST S E MINNEAPOLIS MN 55414 | REGENTS OF THE U OF M | LAND-COMMERCIAL | $0 | 205 ft |
| 605 ONTARIO ST S E MINNEAPOLIS MN 55414 | U OF MN FDN DINNAKEN HSG LLC | APARTMENT | $0 | 205 ft |
| 607 ONTARIO ST S E MINNEAPOLIS MN 55414 | U OF MN FDN DINNAKEN HSG LLC | APARTMENT | $0 | 216 ft |
| 525 ONTARIO ST S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIVERSITY MN | COMMERCIAL-PREFERRED | $0 | 229 ft |
| 527 OAK ST S E MINNEAPOLIS MN 55414 | REGENTS OF UNIV OF MN | LAND-COMMERCIAL | $0 | 233 ft |
Current Tax Year