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.
7 permits on record since 2016 · $114K total declared value · Most recent: Sep 2021 (remodel)
Verizon Wireless
BUELL CONSULTING ON BEHALF OF T MOBILE
Verizon Wireless-J Plante
BUELL CONSULTING O / B / OT MOBILE
SELECTIVE SITE CONSULTANTS/VERIZON
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
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 |
|---|---|---|---|---|
| 2510 ESSEX ST S E MINNEAPOLIS MN 55414 | M2 MINNEAPOLIS LLC | COMMERCIAL-PREFERRED | $11,096,500 | 120 ft |
| 501 HURON BLVD S E MINNEAPOLIS MN 55414 | M2 MINNEAPOLIS LLC | COMMERCIAL-PREFERRED | $5,465,500 | 129 ft |
| 525 HURON BLVD S E MINNEAPOLIS MN 55414 | GLEN LINCOLN PARTNERS LLP | COMMERCIAL-PREFERRED | $1,477,100 | 168 ft |
| 2530 ESSEX ST S E MINNEAPOLIS MN 55414 | OLGA G LAY DE TASSO | COMMERCIAL-PREFERRED | $163,800 | 215 ft |
| 520 HURON BLVD S E MINNEAPOLIS MN 55414 | REGENTS OF UNIV OF MINNESOTA | VACANT LAND-APARTMENT | $0 | 216 ft |
| 1022 ESSEX ST S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIV OF MN | LAND-COMMERCIAL | $0 | 219 ft |
| 514 HURON BLVD S E MINNEAPOLIS MN 55414 | REGENTS OF UNIV OF MINNESOTA | VACANT LAND-APARTMENT | $0 | 219 ft |
| 524 HURON BLVD S E MINNEAPOLIS MN 55414 | REGENTS OF UNIV OF MINNESOTA | VACANT LAND-APARTMENT | $0 | 232 ft |
| 1018 ESSEX ST S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIV OF MN | LAND-COMMERCIAL | $0 | 259 ft |
| 1014 ESSEX ST S E MINNEAPOLIS MN 55414 | REGENTS OF THE UNIV OF MN | LAND-COMMERCIAL | $0 | 301 ft |