ParcelLens
Property Intelligence · Twin Cities
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Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗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 ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗Signals are based on public datasets; program eligibility requires verification.
1 permit on record since 2018 · Most recent: Jan 2018 (res)
MN PLUMBING AND APPLIANCES
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 3 — medium-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 sfr / adu benchmarks for 433 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3352 PROSPECT TER MINNEAPOLIS MN 55414 | TERRY WAYNE HOKENSON | RESIDENTIAL | $215,000 | 42 ft |
| 3342 PROSPECT TER MINNEAPOLIS MN 55414 | T A REAL ESTATE LLC | RESIDENTIAL | $267,200 | 44 ft |
| 3338 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | THE TOWER HILL BUILDING LLC | COMMERCIAL-PREFERRED | $3,230,000 | 105 ft |
| 54 BEDFORD ST S E MINNEAPOLIS MN 55414 | A M BUGBEE & B J BUGBEE-TONG | RESIDENTIAL | $449,000 | 111 ft |
| 50 BEDFORD ST S E MINNEAPOLIS MN 55414 | MARILYN JEAN JENKINS TRUST | COMMERCIAL-PREFERRED | $685,000 | 128 ft |
| 60 BEDFORD ST S E MINNEAPOLIS MN 55414 | STEVEN C PAULING | RESIDENTIAL | $584,600 | 141 ft |
| 3350 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | 3350 UNI PROP LLC | VACANT LAND-APARTMENT | $506,400 | 143 ft |
| 58 BEDFORD ST S E MINNEAPOLIS MN 55414 | STEVEN C PAULING | RESIDENTIAL | $375,000 | 150 ft |
| 73 CLARENCE AVE S E MINNEAPOLIS MN 55414 | KYLE C RATH & MEIGAN J RATH | RESIDENTIAL | $589,000 | 151 ft |
| 69 CLARENCE AVE S E MINNEAPOLIS MN 55414 | DONNA M SCHNEIDER | RESIDENTIAL-TWO UNIT | $581,600 | 163 ft |
Most Recent Sale
Current Tax Year