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 2017 · $29K total declared value · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
SCHERER BROTHERS LUMBER CO
LES JONES ROOFING INC
STANDARD WATER CONTROL SYSTEMS INC
Warners Stellian Co 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
Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.
Most Recent Sale
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1509 RIVER PKWY E MINNEAPOLIS MN 55414 | KAREN DOLBY COLLYARD | RESIDENTIAL | $581,400 | 50 ft |
| 1517 RIVER PKWY E MINNEAPOLIS MN 55414 | S H MILES & J M GITIS | RESIDENTIAL | $731,700 | 62 ft |
| 1505 RIVER PKWY E MINNEAPOLIS MN 55414 | W R MOSS & M P MOSS | RESIDENTIAL | $504,500 | 100 ft |
| 1525 RIVER PKWY E MINNEAPOLIS MN 55414 | N LEVINSON & T FREEDMAN | RESIDENTIAL | $784,500 | 138 ft |
| 1501 RIVER PKWY E MINNEAPOLIS MN 55414 | J W WICKS & W K WICKS | RESIDENTIAL | $561,400 | 150 ft |
| 1544 RIVER TER E MINNEAPOLIS MN 55414 | LESLIE JANE YONCE | RESIDENTIAL | $506,000 | 183 ft |
| 1540 RIVER TER E MINNEAPOLIS MN 55414 | MARY ANN SPRINGER | RESIDENTIAL | $420,900 | 189 ft |
| 1550 RIVER TER E MINNEAPOLIS MN 55414 | LINDA LEE WILSON | RESIDENTIAL | $683,000 | 192 ft |
| 1445 RIVER PKWY E MINNEAPOLIS MN 55414 | J A BUSSEY & A M BRUBAKER | RESIDENTIAL | $442,700 | 200 ft |
| 1536 RIVER TER E MINNEAPOLIS MN 55414 | J C BLASCHKE/S M BOOGAARD | RESIDENTIAL | $504,500 | 209 ft |