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 2022 · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
Owens Companies 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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Corner-lot envelopes may require contextual setback review and should be treated as planning estimates.
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 7,578 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1421 RIVER PKWY E MINNEAPOLIS MN 55414 | NIKOLAUS F RASMUS | RESIDENTIAL | $786,200 | 51 ft |
| 1415 RIVER PKWY E MINNEAPOLIS MN 55414 | JUDITH G BRITTON TRUST | RESIDENTIAL | $626,200 | 52 ft |
| 1425 RIVER PKWY E MINNEAPOLIS MN 55414 | A H MOHRING & B A BUENZ | RESIDENTIAL | $673,700 | 105 ft |
| 1409 RIVER PKWY E MINNEAPOLIS MN 55414 | DAVID L & DENISE Y WALDO | RESIDENTIAL | $630,800 | 108 ft |
| 914 RIVER TER E MINNEAPOLIS MN 55414 | GEORGE R BLOOM | RESIDENTIAL | $262,400 | 129 ft |
| 1429 RIVER PKWY E MINNEAPOLIS MN 55414 | MARGARET BERRISFORD | CONDOMINIUM | $495,000 | 151 ft |
| 1431 RIVER PKWY E MINNEAPOLIS MN 55414 | W T READ & B K READ | CONDOMINIUM | $440,000 | 151 ft |
| MN | Unknown | — | — | 151 ft |
| 910 RIVER TER E MINNEAPOLIS MN 55414 | MICHAEL J DIXON | RESIDENTIAL-TWO UNIT | $391,600 | 162 ft |
| 1401 RIVER PKWY E MINNEAPOLIS MN 55414 | R J & S C ROSCOE | RESIDENTIAL | $566,300 | 175 ft |
Current Tax Year