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.
3 permits on record since 2008 · $1.3M total declared value · Most recent: Jun 2008 (binb)
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 2 — moderate-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.
Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 1,214 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1211 YALE AVE MINNEAPOLIS MN 55414 | B K SLIPKA & J D SELESKIE | RESIDENTIAL | $291,700 | 86 ft |
| 27 27TH AVE S E MINNEAPOLIS MN 55414 | WILLIAM K CHAN ET AL | TRIPLEX | $419,200 | 104 ft |
| 1212 YALE AVE MINNEAPOLIS MN 55414 | KAREN J MURDOCK | RESIDENTIAL | $284,000 | 152 ft |
| 743 SUPERIOR ST S E MINNEAPOLIS MN 55414 | C E IRELAND & M C HOLMES | RESIDENTIAL-TWO UNIT | $308,000 | 155 ft |
| 42 27TH AVE S E MINNEAPOLIS MN 55414 | D A HORNIG & B M HORNIG | RESIDENTIAL | $204,000 | 184 ft |
| 19 27TH AVE S E MINNEAPOLIS MN 55414 | L M SYLVESTER LIV TR ET AL | APARTMENT | $2,016,000 | 186 ft |
| 48 27TH AVE S E MINNEAPOLIS MN 55414 | THORNTON PLACE LLC | APARTMENT | $1,755,000 | 199 ft |
| 801 SUPERIOR ST S E MINNEAPOLIS MN 55414 | O Y KEIJZER & S M KEIJZER | RESIDENTIAL | $389,000 | 200 ft |
| 805 SUPERIOR ST S E MINNEAPOLIS MN 55414 | D KWAN/K KWAN/J KWAN ET AL | RESIDENTIAL | $328,000 | 209 ft |
| 809 SUPERIOR ST S E MINNEAPOLIS MN 55414 | KENDRICK KAY | RESIDENTIAL | $571,000 | 239 ft |
Most Recent Sale
Current Tax Year