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.
3 permits on record since 2018 · $11K total declared value · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
Innovative Basement Authority
U NAME IT CONSTRUCTION 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 4,446 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1536 RIVER TER E MINNEAPOLIS MN 55414 | J C BLASCHKE/S M BOOGAARD | RESIDENTIAL | $504,500 | 50 ft |
| 1528 RIVER TER E MINNEAPOLIS MN 55414 | JACLYN WAZLAWIK | RESIDENTIAL | $408,000 | 51 ft |
| 1524 RIVER TER E MINNEAPOLIS MN 55414 | ELLIOTT V & RASA TROUP | RESIDENTIAL | $493,000 | 100 ft |
| 1540 RIVER TER E MINNEAPOLIS MN 55414 | MARY ANN SPRINGER | RESIDENTIAL | $420,900 | 100 ft |
| 1544 RIVER TER E MINNEAPOLIS MN 55414 | LESLIE JANE YONCE | RESIDENTIAL | $506,000 | 150 ft |
| 1520 RIVER TER E MINNEAPOLIS MN 55414 | JENNIFER JOYCE SAHLIN | RESIDENTIAL | $509,000 | 151 ft |
| 1445 RIVER PKWY E MINNEAPOLIS MN 55414 | J A BUSSEY & A M BRUBAKER | RESIDENTIAL | $442,700 | 179 ft |
| 1501 RIVER PKWY E MINNEAPOLIS MN 55414 | J W WICKS & W K WICKS | RESIDENTIAL | $561,400 | 183 ft |
| 1505 RIVER PKWY E MINNEAPOLIS MN 55414 | W R MOSS & M P MOSS | RESIDENTIAL | $504,500 | 190 ft |
| 1516 RIVER TER E MINNEAPOLIS MN 55414 | G & M CUNDY | RESIDENTIAL | $497,000 | 200 ft |
Most Recent Sale
Current Tax Year