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 ↗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 2025 · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
Warners Stellian Co 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 1256
Zip code 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
Urban Neighborhood 2 — moderate-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 4,141 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 913 THORNTON ST S E MINNEAPOLIS MN 55414 | K N JORENBY & T JORENBY | RESIDENTIAL | $514,800 | 61 ft |
| 1409 RIVER PKWY E MINNEAPOLIS MN 55414 | DAVID L & DENISE Y WALDO | RESIDENTIAL | $630,800 | 67 ft |
| 907 THORNTON ST S E MINNEAPOLIS MN 55414 | ELIDA KRISTEN HOLTE | RESIDENTIAL | $460,000 | 116 ft |
| 1415 RIVER PKWY E MINNEAPOLIS MN 55414 | JUDITH G BRITTON TRUST | RESIDENTIAL | $626,200 | 123 ft |
| 914 RIVER TER E MINNEAPOLIS MN 55414 | GEORGE R BLOOM | RESIDENTIAL | $262,400 | 172 ft |
| 1417 RIVER PKWY E MINNEAPOLIS MN 55414 | ANELISE R SAWKINS | RESIDENTIAL | $603,500 | 175 ft |
| 910 RIVER TER E MINNEAPOLIS MN 55414 | MICHAEL J DIXON | RESIDENTIAL-TWO UNIT | $391,600 | 186 ft |
| 916 THORNTON ST S E MINNEAPOLIS MN 55414 | CITY OF MPLS PARK BOARD | LAND-COMMERCIAL | $0 | 186 ft |
| 901 THORNTON ST S E MINNEAPOLIS MN 55414 | 22 ON THE RIVER LLC | VACANT LAND-APARTMENT | $436,600 | 190 ft |
| 908 RIVER TER E MINNEAPOLIS MN 55414 | ABBY L KAEMPFER | RESIDENTIAL | $516,000 | 211 ft |
Most Recent Sale
Current Tax Year