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 ↗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 ↗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.
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
Most Recent Sale
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 201 25TH AVE S E MINNEAPOLIS MN 55414 | H A PROPERTIES LLC | COMMERCIAL-PREFERRED | $1,073,000 | 213 ft |
| 2508 DELAWARE ST S E MINNEAPOLIS MN 55414 | UP STADIUM SPE LLC | APARTMENT | $57,600,000 | 227 ft |
| 1025 DELAWARE ST S E MINNEAPOLIS MN 55414 | MPLS HURON PROPERTIES I LLC | APARTMENT | $20,750,000 | 299 ft |
| 1015 ESSEX ST S E MINNEAPOLIS MN 55414 | REGENTS/UNIVERSITY/MINNESOTA | APARTMENT | $0 | 332 ft |
| 2500 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIV OF MN | APARTMENT | $0 | 338 ft |
| 2418 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | HOSSEIN AZHAKH | COMMERCIAL-PREFERRED | $1,470,000 | 369 ft |
| 925 DELAWARE ST S E MINNEAPOLIS MN 55414 | U/M FNDTN DINNAKEN OFFC BLDG | COMMERCIAL-PREFERRED | $0 | 391 ft |
| 2424 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | TIAM A LLC | COMMERCIAL-PREFERRED | $1,330,000 | 409 ft |
| 2529 DELAWARE ST S E MINNEAPOLIS MN 55414 | AFFINITY PLUS FED CRED UNION | LAND-COMMERCIAL | $720,000 | 415 ft |
| 1016 WASHINGTON AVE S E MINNEAPOLIS MN 55414 | MPLS HURON PROPERTIES I LLC | APARTMENT | $34,030,000 | 416 ft |