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
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 |
|---|---|---|---|---|
| 2624 ESSEX ST S E MINNEAPOLIS MN 55414 | 2624 ESSEX PARTNERS LLC | APARTMENT | $1,473,000 | 312 ft |
| 2618 ESSEX ST S E MINNEAPOLIS MN 55414 | J2 CATAPULT LLC | APARTMENT | $3,440,000 | 329 ft |
| 2630 ESSEX ST S E MINNEAPOLIS MN 55414 | J2 CATAPULT LLC | APARTMENT | $4,300,000 | 331 ft |
| 2530 ESSEX ST S E MINNEAPOLIS MN 55414 | OLGA G LAY DE TASSO | COMMERCIAL-PREFERRED | $163,800 | 338 ft |
| 2701 ESSEX ST S E MINNEAPOLIS MN 55414 | MPLS PUBLIC HOUSING AUTH | APARTMENT | $0 | 357 ft |
| 2610 ESSEX ST S E MINNEAPOLIS MN 55414 | MAXWELL PARKING VENTURES LLC | LAND - INDUSTRIAL | $780,200 | 375 ft |
| 133 27TH AVE S E MINNEAPOLIS MN 55414 | MARK D PARTEN & JULIE PARTEN | TRIPLEX | $930,800 | 403 ft |
| 2650 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | GEDR/UNION STAD VIL PROP OWN | APARTMENT | $65,295,000 | 405 ft |
| 2600 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | REZA TEHRANI | CONDOMINIUM | $216,000 | 412 ft |
| 2600 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | BRAD PETERMAN | CONDOMINIUM | $228,000 | 412 ft |