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
Most Recent Sale
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1 27TH AVE S E MINNEAPOLIS MN 55414 | C S BUECHLER & K BOYAVAL | RESIDENTIAL | $349,500 | 76 ft |
| 1201 RIVER PKWY E MINNEAPOLIS MN 55414 | G E KELLOM & K E KELLOM | RESIDENTIAL | $475,200 | 115 ft |
| 11 27TH AVE S E MINNEAPOLIS MN 55414 | L M SYLVESTER LIV TR ET AL | TRIPLEX | $634,400 | 131 ft |
| 819 SUPERIOR ST S E MINNEAPOLIS MN 55414 | MICHAEL J PENCE | RESIDENTIAL | $499,000 | 165 ft |
| 13 27TH AVE S E MINNEAPOLIS MN 55414 | BENJAMIN MARTIN OLSON | RESIDENTIAL | $411,100 | 188 ft |
| 815 SUPERIOR ST S E MINNEAPOLIS MN 55414 | C S BUECHLER & K D BUECHLER | RESIDENTIAL-TWO UNIT | $555,200 | 200 ft |
| 12 27TH AVE S E MINNEAPOLIS MN 55414 | MABEL Y GARMERS | RESIDENTIAL | $700,000 | 223 ft |
| 811 SUPERIOR ST S E MINNEAPOLIS MN 55414 | ELEANOR ZANNA-BROWN | RESIDENTIAL | $457,600 | 244 ft |
| 4 27TH AVE S E MINNEAPOLIS MN 55414 | DAVID L JOHNSON | COMMERCIAL-PREFERRED | $644,000 | 255 ft |
| 19 27TH AVE S E MINNEAPOLIS MN 55414 | L M SYLVESTER LIV TR ET AL | APARTMENT | $2,016,000 | 271 ft |