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 5,046 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1520 RIVER TER E MINNEAPOLIS MN 55414 | JENNIFER JOYCE SAHLIN | RESIDENTIAL | $509,000 | 51 ft |
| 1512 RIVER TER E MINNEAPOLIS MN 55414 | H-P DERUITER/M A B DERUITER | RESIDENTIAL | $483,800 | 51 ft |
| 1524 RIVER TER E MINNEAPOLIS MN 55414 | ELLIOTT V & RASA TROUP | RESIDENTIAL | $493,000 | 100 ft |
| 1528 RIVER TER E MINNEAPOLIS MN 55414 | JACLYN WAZLAWIK | RESIDENTIAL | $408,000 | 151 ft |
| 1425 RIVER PKWY E MINNEAPOLIS MN 55414 | A H MOHRING & B A BUENZ | RESIDENTIAL | $673,700 | 169 ft |
| 1519 RIVER TER E MINNEAPOLIS MN 55414 | K BOUERI & A A RANDO | RESIDENTIAL | $413,500 | 172 ft |
| 1433 RIVER PKWY E MINNEAPOLIS MN 55414 | E E MATHERN & B J REICHUBER | RESIDENTIAL | $990,000 | 183 ft |
| 1429 RIVER PKWY E MINNEAPOLIS MN 55414 | MARGARET BERRISFORD | CONDOMINIUM | $495,000 | 189 ft |
| 1431 RIVER PKWY E MINNEAPOLIS MN 55414 | W T READ & B K READ | CONDOMINIUM | $440,000 | 189 ft |
| MN | Unknown | — | — | 189 ft |
Current Tax Year