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.
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
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 3-story wood frame (5–12 units) benchmarks for 3,922 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 642 ONTARIO ST S E MINNEAPOLIS MN 55414 | MUSKRAT LLC | RESIDENTIAL | $217,600 | 37 ft |
| 833 RIVER PKWY E MINNEAPOLIS MN 55414 | K J OLSON & N S OLSON | TRIPLEX | $496,300 | 72 ft |
| 640 ONTARIO ST S E MINNEAPOLIS MN 55414 | KENNETH E CLARK | RESIDENTIAL | $383,500 | 74 ft |
| 638 ONTARIO ST S E MINNEAPOLIS MN 55414 | MUSKMELON LLC | RESIDENTIAL | $299,300 | 112 ft |
| 636 ONTARIO ST S E MINNEAPOLIS MN 55414 | WISE INVESTMENTS 2 LLC | VACANT LAND-RESIDENTIAL | $39,000 | 137 ft |
| 805 RIVER PKWY E MINNEAPOLIS MN 55414 | S E CASTELLANO & J B WALDEN | RESIDENTIAL | $396,000 | 152 ft |
| 902 DARTMOUTH PL MINNEAPOLIS MN 55414 | MICHAEL LU & ANNA LU | TOWNHOUSE | $434,400 | 153 ft |
| 901 DARTMOUTH PL MINNEAPOLIS MN 55414 | JOHN S WRIGHT | TOWNHOUSE | $450,500 | 162 ft |
| 906 DARTMOUTH PL MINNEAPOLIS MN 55414 | LONG QUOC DO & MANH KHAI DO | TOWNHOUSE | $466,500 | 183 ft |
| 632 ONTARIO ST S E MINNEAPOLIS MN 55414 | THETA AUXILIERY EDUC ASSOC | SORORITY/FRATERNITY HOUSING | $534,000 | 186 ft |
Most Recent Sale
Current Tax Year