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.
14 permits on record since 2013 · $2.7M total declared value · Most recent: Apr 2023 (commfdnr)
Legacy Companies Inc
Terex Roofing and Sheet Metal LLC
Legacy Companies Inc
Legacy Companies Inc
Hayes Mechanical LLC
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 1256
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 |
|---|---|---|---|---|
| 2701 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | 27TH & UNIVERSITY LLP ET AL | COMMERCIAL-PREFERRED | $5,800,000 | 281 ft |
| 2635 4TH ST S E MINNEAPOLIS MN 55414 | SZ MINNEAPOLIS APTS LLC | APARTMENT | $12,202,000 | 320 ft |
| 2613 4TH ST S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIV OF MN | LAND-COMMERCIAL | $0 | 326 ft |
| 2701 4TH ST S E MINNEAPOLIS MN 55414 | SZ MINNEAPOLIS APTS LLC | VACANT LAND-APARTMENT | $660,000 | 337 ft |
| 2609 4TH ST S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIV OF MN | COMMERCIAL-PREFERRED | $0 | 356 ft |
| 2515 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | 2515 UNIVERSITY AVE SE LLC | COMMERCIAL-PREFERRED | $3,611,900 | 369 ft |
| 2700 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | LAMBERT PROPERTIES LLC | COMMERCIAL-PREFERRED | $2,805,000 | 420 ft |
| 2717 4TH ST S E MINNEAPOLIS MN 55414 | SZ MINNEAPOLIS APTS LLC | APARTMENT | $31,313,000 | 429 ft |
| 2650 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | GEDR/UNION STAD VIL PROP OWN | APARTMENT | $65,295,000 | 432 ft |
| 2600 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | RONIE AVILES/GRACIELA AVILES | CONDOMINIUM | $286,000 | 471 ft |