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 ↗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.
7 permits on record since 2018 · $45K total declared value · Most recent: May 2026 (existres)
BOEHM HEATING
Premiere Exteriors LLC
BOEHM HEATING
RONCOR CONSTRUCTION INC
Southtown Plumbing 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 2,682 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3214 4TH ST S E MINNEAPOLIS MN 55414 | BRIAN TANDE ET AL | CONDOMINIUM | $342,000 | 75 ft |
| 3216 4TH ST S E MINNEAPOLIS MN 55414 | JEFF HEILMAN | CONDOMINIUM | $347,000 | 75 ft |
| 3218 4TH ST S E MINNEAPOLIS MN 55414 | TIMOTHY H TURESON | CONDOMINIUM | $311,000 | 75 ft |
| MN | Unknown | — | — | 75 ft |
| 3204 4TH ST S E MINNEAPOLIS MN 55414 | P C GUNDERSON & M GUNDERSON | RESIDENTIAL | $431,400 | 91 ft |
| 3329 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | ALLIANCE CLINIC LLC | COMMERCIAL-PREFERRED | $1,736,800 | 150 ft |
| 3224 4TH ST S E MINNEAPOLIS MN 55414 | FRASER COMMUNITY SERVICES | LAND-COMMERCIAL | $0 | 157 ft |
| 3146 4TH ST S E MINNEAPOLIS MN 55414 | O NEEDLEMAN & C NEEDLEMAN | RESIDENTIAL | $374,500 | 178 ft |
| 3349 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | FRASER COMMUNITY SERVICES | COMMERCIAL-PREFERRED | $0 | 183 ft |
| 3228 4TH ST S E MINNEAPOLIS MN 55414 | LEONARD AND MACY CHU TRUST | CONDOMINIUM | $311,000 | 201 ft |
Most Recent Sale
Current Tax Year