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 2002 · $699K total declared value · Most recent: Feb 2012 (building re-inspection)
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
Most Recent Sale
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3319 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | FRASER COMMUNITY SERVICES | LAND-COMMERCIAL | $0 | 106 ft |
| 3204 4TH ST S E MINNEAPOLIS MN 55414 | P C GUNDERSON & M GUNDERSON | RESIDENTIAL | $431,400 | 110 ft |
| 3146 4TH ST S E MINNEAPOLIS MN 55414 | O NEEDLEMAN & C NEEDLEMAN | RESIDENTIAL | $374,500 | 133 ft |
| 3212 4TH ST S E MINNEAPOLIS MN 55414 | MATTHEW S MILLER | RESIDENTIAL | $405,000 | 150 ft |
| 3315 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | 3315 UNIVERSITY AVE SE LLC | RESIDENTIAL | $247,000 | 156 ft |
| 3142 4TH ST S E MINNEAPOLIS MN 55414 | BARBARA C BRAUER REV TRUST | RESIDENTIAL | $276,900 | 175 ft |
| 3349 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | FRASER COMMUNITY SERVICES | COMMERCIAL-PREFERRED | $0 | 195 ft |
| 3309 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | HAMDY A MAKKY | APARTMENT | $561,000 | 205 ft |
| 3214 4TH ST S E MINNEAPOLIS MN 55414 | BRIAN TANDE ET AL | CONDOMINIUM | $342,000 | 210 ft |
| 3216 4TH ST S E MINNEAPOLIS MN 55414 | JEFF HEILMAN | CONDOMINIUM | $347,000 | 210 ft |