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 2017 · $19K total declared value · Most recent: Sep 2023 (misc)
KAUFMAN SHEET METAL ROOFING INC
Krinkie Heating & Air Conditiong
CENTERPOINT ENERGY
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
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 2,978 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 646 ONTARIO ST S E MINNEAPOLIS MN 55414 | P M PARTEN & K M PARTEN | TRIPLEX | $882,000 | 72 ft |
| 642 ONTARIO ST S E MINNEAPOLIS MN 55414 | MUSKRAT LLC | RESIDENTIAL | $217,600 | 107 ft |
| 902 DARTMOUTH PL MINNEAPOLIS MN 55414 | MICHAEL LU & ANNA LU | TOWNHOUSE | $434,400 | 119 ft |
| 640 ONTARIO ST S E MINNEAPOLIS MN 55414 | KENNETH E CLARK | RESIDENTIAL | $383,500 | 144 ft |
| 906 DARTMOUTH PL MINNEAPOLIS MN 55414 | LONG QUOC DO & MANH KHAI DO | TOWNHOUSE | $466,500 | 151 ft |
| 901 DARTMOUTH AVE MINNEAPOLIS MN 55414 | J ROZENBERG & M W SWENSON | TOWNHOUSE | $495,400 | 160 ft |
| 910 DARTMOUTH PL MINNEAPOLIS MN 55414 | KENNETH KAO & TERESA KAO | TOWNHOUSE | $433,400 | 179 ft |
| 901 DARTMOUTH PL MINNEAPOLIS MN 55414 | JOHN S WRIGHT | TOWNHOUSE | $450,500 | 179 ft |
| 638 ONTARIO ST S E MINNEAPOLIS MN 55414 | MUSKMELON LLC | RESIDENTIAL | $299,300 | 181 ft |
| 905 DARTMOUTH PL MINNEAPOLIS MN 55414 | R & S HARJANI | TOWNHOUSE | $444,100 | 203 ft |
Most Recent Sale
Current Tax Year