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 1049.02
Urban Neighborhood 3 — medium-density residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Corner-lot envelopes may require contextual setback review and should be treated as planning estimates.
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1511 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | AUTHOR DUSTIN DORRIS | CONDOMINIUM | $488,000 | 0 ft |
| 1509 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | DUNCAN ACKERMAN ET AL | CONDOMINIUM | $377,000 | 0 ft |
| 1507 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | J T LANGLAND & P I LANGLAND | CONDOMINIUM | $436,000 | 0 ft |
| 1505 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | MERRILY D MAZZA TRUST | CONDOMINIUM | $363,000 | 0 ft |
| 1503 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | AHMED MAHAMOUD | CONDOMINIUM | $383,000 | 0 ft |
| 1501 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | P L RIEDESEL & J E RIEDESEL | CONDOMINIUM | $488,000 | 0 ft |
| 1710 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | SOO LINE RR | RAILROAD | $1,007,800 | 213 ft |
| 1501 RIVER TER E MINNEAPOLIS MN 55414 | ST FRANCIS CABRINI CHURCH | COMMERCIAL-PREFERRED | $0 | 228 ft |
| MN | Unknown | — | — | 244 ft |
| 831 RIVER MEWS CT MINNEAPOLIS MN 55414 | S J FENLASON & T A KIRK | CONDOMINIUM | $482,000 | 244 ft |