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 2025 · $15K total declared value · Most recent: Jul 2025 (commfdrr)
Standard Heating and Air Conditioning 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
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 3-story wood frame (5–12 units) benchmarks for 43,583 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 851 RIVER MEWS CT MINNEAPOLIS MN 55414 | LOUISE ELLEN NEMMERS | CONDOMINIUM | $364,000 | 0 ft |
| 851 RIVER MEWS CT MINNEAPOLIS MN 55414 | LAURA L KENNEDY | CONDOMINIUM | $259,000 | 0 ft |
| 851 RIVER MEWS CT MINNEAPOLIS MN 55414 | SCOTT C JACKSON | CONDOMINIUM | $242,000 | 0 ft |
| 851 RIVER MEWS CT MINNEAPOLIS MN 55414 | CECILIA ROHRER | CONDOMINIUM | $337,000 | 0 ft |
| 851 RIVER MEWS CT MINNEAPOLIS MN 55414 | MEGAN E PIOSKE | CONDOMINIUM | $248,000 | 0 ft |
| 851 RIVER MEWS CT MINNEAPOLIS MN 55414 | LAUREN BARKMEIER | CONDOMINIUM | $208,000 | 0 ft |
| 851 RIVER MEWS CT MINNEAPOLIS MN 55414 | S C ROBERTSON & S C PEACOCK | CONDOMINIUM | $406,000 | 0 ft |
| 851 RIVER MEWS CT MINNEAPOLIS MN 55414 | JEREMY D LEVITT | CONDOMINIUM | $245,000 | 0 ft |
| 851 RIVER MEWS CT MINNEAPOLIS MN 55414 | CAROL BERGAN | CONDOMINIUM | $238,000 | 0 ft |
| 851 RIVER MEWS CT MINNEAPOLIS MN 55414 | S ROHDE/D ROHDE/S ROHDE | CONDOMINIUM | $346,000 | 0 ft |
Most Recent Sale
Current Tax Year