ParcelLens
Property Intelligence · Twin Cities
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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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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 6,159 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 48 CLARENCE AVE S E MINNEAPOLIS MN 55414 | D L FRANK & L A VONKORFF | RESIDENTIAL | $637,000 | 90 ft |
| 64 CLARENCE AVE S E MINNEAPOLIS MN 55414 | MARY E SCHNEIDER TRUSTEE | RESIDENTIAL | $773,000 | 121 ft |
| 97 ORLIN AVE S E MINNEAPOLIS MN 55414 | L A NORLING & S RUGGLES | RESIDENTIAL | $1,030,000 | 147 ft |
| 93 ORLIN AVE S E MINNEAPOLIS MN 55414 | CHRISTINE J JOHNSON | RESIDENTIAL-TWO UNIT | $522,700 | 160 ft |
| 103 ORLIN AVE S E MINNEAPOLIS MN 55414 | D C HOBAN/B J JANISCH-HOBAN | RESIDENTIAL | $553,100 | 161 ft |
| 44 CLARENCE AVE S E MINNEAPOLIS MN 55414 | MICHAEL BELL & ALLISON BELL | RESIDENTIAL | $750,000 | 164 ft |
| 51 CLARENCE AVE S E MINNEAPOLIS MN 55414 | DAN EMERY & MELANIE V SMITH | RESIDENTIAL | $811,400 | 192 ft |
| 107 ORLIN AVE S E MINNEAPOLIS MN 55414 | J UMBANHOWAR/NICHOLA LOWE | RESIDENTIAL | $554,300 | 206 ft |
| 87 ORLIN AVE S E MINNEAPOLIS MN 55414 | ADDIE SEE & MATTHEW SHIPMAN | RESIDENTIAL | $590,000 | 213 ft |
| 127 ORLIN AVE S E MINNEAPOLIS MN 55414 | P G HARPER JR & M E MUGGLI | RESIDENTIAL | $576,200 | 215 ft |
Current Tax Year