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 2020 · $17K total declared value · Most recent: Mar 2020 (misc)
BUDGET EXTERIORS 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 3,999 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 | 38 ft |
| 613 ERIE ST S E MINNEAPOLIS MN 55414 | UNIVERSITY OF MINNESOTA | VACANT LAND-APARTMENT | $196,000 | 42 ft |
| 621 ERIE ST S E MINNEAPOLIS MN 55414 | REGENTS/UNIVERSITY/MINNESOTA | RESIDENTIAL | $346,400 | 78 ft |
| 607 ERIE ST S E MINNEAPOLIS MN 55414 | ERIE PROPERTIES LLC | RESIDENTIAL | $321,800 | 81 ft |
| 605 ERIE ST S E MINNEAPOLIS MN 55414 | REGENTS/UNIVERSITY/MINNESOTA | VACANT LAND-RESIDENTIAL | $168,000 | 125 ft |
| 625 ERIE ST S E MINNEAPOLIS MN 55414 | REGENTS/UNIVERSITY OF MN | VACANT LAND-APARTMENT | $252,000 | 128 ft |
| 618 HURON BLVD S E MINNEAPOLIS MN 55414 | MARION LOUCK | RESIDENTIAL-TWO UNIT | $286,700 | 162 ft |
| 629 ERIE ST S E MINNEAPOLIS MN 55414 | REGENTS/UNIVERSITY OF MN | VACANT LAND-APARTMENT | $140,000 | 163 ft |
| 601 ERIE ST S E MINNEAPOLIS MN 55414 | REGENTS/UNIVERSITY/MINNESOTA | VACANT LAND-APARTMENT | $257,500 | 170 ft |
| 614 HURON BLVD S E MINNEAPOLIS MN 55414 | REGENTS/UNIVERSITY OF MN | VACANT LAND-APARTMENT | $0 | 170 ft |
Most Recent Sale
Current Tax Year