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 · Most recent: Oct 2020 (existres)
MESPO HEATING AND COOLING 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 small multifamily (2–4 units, wood frame) benchmarks for 2,736 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 11 27TH AVE S E MINNEAPOLIS MN 55414 | L M SYLVESTER LIV TR ET AL | TRIPLEX | $634,400 | 63 ft |
| 1215 RIVER PKWY E MINNEAPOLIS MN 55414 | 22 ON THE RIVER LLC | VACANT LAND-APARTMENT | $237,800 | 76 ft |
| 13 27TH AVE S E MINNEAPOLIS MN 55414 | BENJAMIN MARTIN OLSON | RESIDENTIAL | $411,100 | 121 ft |
| 1201 RIVER PKWY E MINNEAPOLIS MN 55414 | G E KELLOM & K E KELLOM | RESIDENTIAL | $475,200 | 137 ft |
| 819 SUPERIOR ST S E MINNEAPOLIS MN 55414 | MICHAEL J PENCE | RESIDENTIAL | $499,000 | 162 ft |
| 815 SUPERIOR ST S E MINNEAPOLIS MN 55414 | C S BUECHLER & K D BUECHLER | RESIDENTIAL-TWO UNIT | $555,200 | 181 ft |
| 19 27TH AVE S E MINNEAPOLIS MN 55414 | L M SYLVESTER LIV TR ET AL | APARTMENT | $2,016,000 | 205 ft |
| 12 27TH AVE S E MINNEAPOLIS MN 55414 | MABEL Y GARMERS | RESIDENTIAL | $700,000 | 207 ft |
| 811 SUPERIOR ST S E MINNEAPOLIS MN 55414 | ELEANOR ZANNA-BROWN | RESIDENTIAL | $457,600 | 213 ft |
| 809 SUPERIOR ST S E MINNEAPOLIS MN 55414 | KENDRICK KAY | RESIDENTIAL | $571,000 | 247 ft |
Most Recent Sale
Current Tax Year