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.
3 permits on record since 2019 · $18K total declared value · Most recent: Oct 2023 (misc)
WELTER CONSTRUCTION LLC
CenterPoint Energy Resource Corp
ST PAUL PLUMBING AND HEATING CO 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
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 2,401 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3142 4TH ST S E MINNEAPOLIS MN 55414 | BARBARA C BRAUER REV TRUST | RESIDENTIAL | $276,900 | 50 ft |
| 3204 4TH ST S E MINNEAPOLIS MN 55414 | P C GUNDERSON & M GUNDERSON | RESIDENTIAL | $431,400 | 86 ft |
| 3138 4TH ST S E MINNEAPOLIS MN 55414 | W & R WANG | RESIDENTIAL | $291,100 | 100 ft |
| 3319 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | FRASER COMMUNITY SERVICES | LAND-COMMERCIAL | $0 | 102 ft |
| 3315 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | 3315 UNIVERSITY AVE SE LLC | RESIDENTIAL | $247,000 | 113 ft |
| 3132 4TH ST S E MINNEAPOLIS MN 55414 | ESMOND A HIRSCHFIELD | VACANT LAND-RESIDENTIAL | $600 | 131 ft |
| 3329 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | ALLIANCE CLINIC LLC | COMMERCIAL-PREFERRED | $1,736,800 | 133 ft |
| 3309 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | HAMDY A MAKKY | APARTMENT | $561,000 | 143 ft |
| 3132 4TH ST S E MINNEAPOLIS MN 55414 | NICHOLAS BERG | RESIDENTIAL | $369,400 | 150 ft |
| 3141 4TH ST S E MINNEAPOLIS MN 55414 | NERMEEN YOUSSEF | RESIDENTIAL | $282,000 | 176 ft |
Most Recent Sale
Current Tax Year