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.
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
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 4,498 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 619 ERIE ST S E MINNEAPOLIS MN 55414 | REGENTS/UNIVERSITY/MINNESOTA | VACANT LAND-RESIDENTIAL | $83,000 | 40 ft |
| 625 ERIE ST S E MINNEAPOLIS MN 55414 | REGENTS/UNIVERSITY OF MN | VACANT LAND-APARTMENT | $252,000 | 50 ft |
| 617 ERIE ST S E MINNEAPOLIS MN 55414 | REGENTS/UNIVERSITY/MINNESOTA | RESIDENTIAL-TWO UNIT | $560,200 | 78 ft |
| 629 ERIE ST S E MINNEAPOLIS MN 55414 | REGENTS/UNIVERSITY OF MN | VACANT LAND-APARTMENT | $140,000 | 85 ft |
| 613 ERIE ST S E MINNEAPOLIS MN 55414 | UNIVERSITY OF MINNESOTA | VACANT LAND-APARTMENT | $196,000 | 120 ft |
| 631 ERIE ST S E MINNEAPOLIS MN 55414 | REGENTS/UNIVERSITY/MINNESOTA | VACANT LAND-APARTMENT | $0 | 123 ft |
| 607 ERIE ST S E MINNEAPOLIS MN 55414 | ERIE PROPERTIES LLC | RESIDENTIAL | $321,800 | 159 ft |
| 635 ERIE ST S E MINNEAPOLIS MN 55414 | REGENTS/UNIVERSITY OF MN | VACANT LAND-APARTMENT | $140,000 | 160 ft |
| 624 HURON BLVD S E MINNEAPOLIS MN 55414 | 624 INVSTMT COMPANY LLP | APARTMENT | $1,649,000 | 161 ft |
| 618 HURON BLVD S E MINNEAPOLIS MN 55414 | MARION LOUCK | RESIDENTIAL-TWO UNIT | $286,700 | 167 ft |
Most Recent Sale
Current Tax Year