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.
2 permits on record since 2010 · $3.9M total declared value · Most recent: Jul 2024 (roofwind)
Sunny Solar
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 8,029 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 637 ONTARIO ST S E MINNEAPOLIS MN 55414 | YAN LIN & LIMING XIE | APARTMENT | $912,000 | 64 ft |
| 627 ONTARIO ST S E MINNEAPOLIS MN 55414 | JOHN R PEMBLE | RESIDENTIAL-TWO UNIT | $684,100 | 73 ft |
| 639 ONTARIO ST S E MINNEAPOLIS MN 55414 | SCHOOL DIST NO 1 | VACANT LAND-RESIDENTIAL | $1,600 | 85 ft |
| 623 ONTARIO ST S E MINNEAPOLIS MN 55414 | LITTLE WOLVERINES LLC | RESIDENTIAL-TWO UNIT | $325,900 | 116 ft |
| 909 DARTMOUTH PL MINNEAPOLIS MN 55414 | MARGARITA ALVAREZ | TOWNHOUSE | $322,100 | 124 ft |
| 913 DARTMOUTH PL MINNEAPOLIS MN 55414 | SANDRA M HOPKINS DEC TR ETAL | TOWNHOUSE | $370,200 | 128 ft |
| 905 DARTMOUTH PL MINNEAPOLIS MN 55414 | R & S HARJANI | TOWNHOUSE | $444,100 | 129 ft |
| 901 DARTMOUTH PL MINNEAPOLIS MN 55414 | JOHN S WRIGHT | TOWNHOUSE | $450,500 | 139 ft |
| 917 DARTMOUTH PL MINNEAPOLIS MN 55414 | PRIYA D KAMDAR | TOWNHOUSE | $414,100 | 142 ft |
| 621 ONTARIO ST S E MINNEAPOLIS MN 55414 | JOHN PEMBLE | RESIDENTIAL | $258,700 | 144 ft |
Current Tax Year