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.
8 permits on record since 2017 · $250K total declared value · Most recent: Nov 2022 (res)
Fineline Mechanical Services Inc
EQUINOX CONSTRUCTION
APOLLO HEATING AND AIR
EQUINOX CONSTRUCTION
Twin City Fireplace & Stone Company
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 6,403 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1429 RIVER PKWY E MINNEAPOLIS MN 55414 | MARGARET BERRISFORD | CONDOMINIUM | $495,000 | 50 ft |
| 1431 RIVER PKWY E MINNEAPOLIS MN 55414 | W T READ & B K READ | CONDOMINIUM | $440,000 | 50 ft |
| MN | Unknown | — | — | 50 ft |
| 1437 RIVER PKWY E MINNEAPOLIS MN 55414 | CODY ZOSCHAK/ALISON ZOSCHAK | RESIDENTIAL | $860,700 | 51 ft |
| 1441 RIVER PKWY E MINNEAPOLIS MN 55414 | T G KROHN & D M LEACH | RESIDENTIAL | $640,700 | 100 ft |
| 1425 RIVER PKWY E MINNEAPOLIS MN 55414 | A H MOHRING & B A BUENZ | RESIDENTIAL | $673,700 | 111 ft |
| 1445 RIVER PKWY E MINNEAPOLIS MN 55414 | J A BUSSEY & A M BRUBAKER | RESIDENTIAL | $442,700 | 151 ft |
| 1421 RIVER PKWY E MINNEAPOLIS MN 55414 | NIKOLAUS F RASMUS | RESIDENTIAL | $786,200 | 152 ft |
| 1520 RIVER TER E MINNEAPOLIS MN 55414 | JENNIFER JOYCE SAHLIN | RESIDENTIAL | $509,000 | 181 ft |
| 1512 RIVER TER E MINNEAPOLIS MN 55414 | H-P DERUITER/M A B DERUITER | RESIDENTIAL | $483,800 | 181 ft |
Most Recent Sale
Current Tax Year