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.
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 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 6,574 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1429 RIVER PKWY E MINNEAPOLIS MN 55414 | MARGARET BERRISFORD | CONDOMINIUM | $495,000 | 0 ft |
| MN | Unknown | — | — | 0 ft |
| 1433 RIVER PKWY E MINNEAPOLIS MN 55414 | E E MATHERN & B J REICHUBER | RESIDENTIAL | $990,000 | 50 ft |
| 1425 RIVER PKWY E MINNEAPOLIS MN 55414 | A H MOHRING & B A BUENZ | RESIDENTIAL | $673,700 | 68 ft |
| 1437 RIVER PKWY E MINNEAPOLIS MN 55414 | CODY ZOSCHAK/ALISON ZOSCHAK | RESIDENTIAL | $860,700 | 101 ft |
| 1421 RIVER PKWY E MINNEAPOLIS MN 55414 | NIKOLAUS F RASMUS | RESIDENTIAL | $786,200 | 102 ft |
| 1441 RIVER PKWY E MINNEAPOLIS MN 55414 | T G KROHN & D M LEACH | RESIDENTIAL | $640,700 | 150 ft |
| 1417 RIVER PKWY E MINNEAPOLIS MN 55414 | ANELISE R SAWKINS | RESIDENTIAL | $603,500 | 151 ft |
| 1512 RIVER TER E MINNEAPOLIS MN 55414 | H-P DERUITER/M A B DERUITER | RESIDENTIAL | $483,800 | 173 ft |
| 1516 RIVER TER E MINNEAPOLIS MN 55414 | G & M CUNDY | RESIDENTIAL | $497,000 | 189 ft |
Most Recent Sale
Current Tax Year