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.
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 4,893 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1543 RIVER TER E MINNEAPOLIS MN 55414 | HMW BUCHMAN PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $494,200 | 50 ft |
| 1551 RIVER TER E MINNEAPOLIS MN 55414 | H COURTEAU & P COURTEAU | RESIDENTIAL | $680,300 | 50 ft |
| 1555 RIVER TER E MINNEAPOLIS MN 55414 | KRISTIN DE LANGE | RESIDENTIAL | $514,000 | 112 ft |
| 1539 RIVER TER E MINNEAPOLIS MN 55414 | PETER A REJTO ETAL | RESIDENTIAL | $487,000 | 113 ft |
| 1535 RIVER TER E MINNEAPOLIS MN 55414 | D C OLSON/H OLSON ET AL | RESIDENTIAL | $414,000 | 175 ft |
| 1563 RIVER TER E MINNEAPOLIS MN 55414 | STEPHEN JOHN LANG | RESIDENTIAL | $456,400 | 188 ft |
| 1544 RIVER TER E MINNEAPOLIS MN 55414 | LESLIE JANE YONCE | RESIDENTIAL | $506,000 | 217 ft |
| 1550 RIVER TER E MINNEAPOLIS MN 55414 | LINDA LEE WILSON | RESIDENTIAL | $683,000 | 220 ft |
| 1531 RIVER TER E MINNEAPOLIS MN 55414 | V R VOLLER & M M VOLLER | RESIDENTIAL | $428,000 | 225 ft |
| 1540 RIVER TER E MINNEAPOLIS MN 55414 | MARY ANN SPRINGER | RESIDENTIAL | $420,900 | 228 ft |
Most Recent Sale
Current Tax Year