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 ↗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.
1 permit on record since 2019 · Most recent: Mar 2019 (res)
Warners Stellian Co Inc
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 3 — medium-density residential
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 3-story wood frame (5–12 units) benchmarks for 7,892 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 628 HURON BLVD S E MINNEAPOLIS MN 55414 | WALTER CHAN | RESIDENTIAL | $168,000 | 60 ft |
| 638 HURON BLVD S E MINNEAPOLIS MN 55414 | JONG Y LEE | VACANT LAND-APARTMENT | $16,000 | 73 ft |
| 624 HURON BLVD S E MINNEAPOLIS MN 55414 | 624 INVSTMT COMPANY LLP | APARTMENT | $1,649,000 | 123 ft |
| 635 ERIE ST S E MINNEAPOLIS MN 55414 | REGENTS/UNIVERSITY OF MN | VACANT LAND-APARTMENT | $140,000 | 155 ft |
| 631 ERIE ST S E MINNEAPOLIS MN 55414 | REGENTS/UNIVERSITY/MINNESOTA | VACANT LAND-APARTMENT | $0 | 156 ft |
| 637 ERIE ST S E MINNEAPOLIS MN 55414 | REGENTS/UNIVERSITY OF MN | VACANT LAND-APARTMENT | $140,000 | 160 ft |
| 629 ERIE ST S E MINNEAPOLIS MN 55414 | REGENTS/UNIVERSITY OF MN | VACANT LAND-APARTMENT | $140,000 | 164 ft |
| 639 ERIE ST S E MINNEAPOLIS MN 55414 | REGENTS/UNIVERSITY/MINNESOTA | RESIDENTIAL | $279,400 | 169 ft |
| 625 ERIE ST S E MINNEAPOLIS MN 55414 | REGENTS/UNIVERSITY OF MN | VACANT LAND-APARTMENT | $252,000 | 179 ft |
| 641 ERIE ST S E MINNEAPOLIS MN 55414 | REGENTS/UNIVERSITY/MINNESOTA | RESIDENTIAL-TWO UNIT | $397,700 | 187 ft |
Current Tax Year