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.
6 permits on record since 2017 · $75K total declared value · Most recent: Dec 2018 (res)
Crimson Copper LLC
Binder Heating and Air Conditioning Inc
Crimson Copper LLC
LUCKY SEVEN LLC
Urban Pine Plumbing and Mechanical 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 7,088 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1601 RIVER TER E MINNEAPOLIS MN 55414 | BRYAN RALPH HIGGINS | RESIDENTIAL | $469,000 | 63 ft |
| 1563 RIVER TER E MINNEAPOLIS MN 55414 | STEPHEN JOHN LANG | RESIDENTIAL | $456,400 | 75 ft |
| 1609 RIVER TER E MINNEAPOLIS MN 55414 | F S CREA & L L LEDIN TRUST | RESIDENTIAL | $446,400 | 112 ft |
| 1555 RIVER TER E MINNEAPOLIS MN 55414 | KRISTIN DE LANGE | RESIDENTIAL | $514,000 | 150 ft |
| 1615 RIVER TER E MINNEAPOLIS MN 55414 | ANDREJ J SZABAD | RESIDENTIAL | $282,000 | 163 ft |
| 1551 RIVER TER E MINNEAPOLIS MN 55414 | H COURTEAU & P COURTEAU | RESIDENTIAL | $680,300 | 213 ft |
| 1617 RIVER TER E MINNEAPOLIS MN 55414 | LINDA ANNE RUST | RESIDENTIAL | $491,600 | 213 ft |
| 1600 RIVER TER E MINNEAPOLIS MN 55414 | T W KAMPA & M M BARRON | RESIDENTIAL | $589,600 | 214 ft |
| 1604 RIVER TER E MINNEAPOLIS MN 55414 | R E ANHOLT & A B WALTNER | RESIDENTIAL | $630,000 | 228 ft |
| 1560 RIVER TER E MINNEAPOLIS MN 55414 | TARA M BELLVILLE ET AL | RESIDENTIAL | $495,100 | 229 ft |
Most Recent Sale
Current Tax Year