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
Lot dimensions are insufficient for the standard setbacks shown.
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 2,016 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 19 27TH AVE S E MINNEAPOLIS MN 55414 | L M SYLVESTER LIV TR ET AL | APARTMENT | $2,016,000 | 82 ft |
| 1217 YALE AVE MINNEAPOLIS MN 55414 | YALE ON CAMPUS LLC | APARTMENT | $1,151,000 | 104 ft |
| 1212 YALE AVE MINNEAPOLIS MN 55414 | KAREN J MURDOCK | RESIDENTIAL | $284,000 | 104 ft |
| 1211 YALE AVE MINNEAPOLIS MN 55414 | B K SLIPKA & J D SELESKIE | RESIDENTIAL | $291,700 | 144 ft |
| 805 SUPERIOR ST S E MINNEAPOLIS MN 55414 | D KWAN/K KWAN/J KWAN ET AL | RESIDENTIAL | $328,000 | 149 ft |
| 42 27TH AVE S E MINNEAPOLIS MN 55414 | D A HORNIG & B M HORNIG | RESIDENTIAL | $204,000 | 152 ft |
| 801 SUPERIOR ST S E MINNEAPOLIS MN 55414 | O Y KEIJZER & S M KEIJZER | RESIDENTIAL | $389,000 | 165 ft |
| 809 SUPERIOR ST S E MINNEAPOLIS MN 55414 | KENDRICK KAY | RESIDENTIAL | $571,000 | 166 ft |
| 13 27TH AVE S E MINNEAPOLIS MN 55414 | BENJAMIN MARTIN OLSON | RESIDENTIAL | $411,100 | 166 ft |
| 743 SUPERIOR ST S E MINNEAPOLIS MN 55414 | C E IRELAND & M C HOLMES | RESIDENTIAL-TWO UNIT | $308,000 | 184 ft |
Most Recent Sale
Current Tax Year