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.
1 permit on record since 2025 · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
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 4,440 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1952 RIVER TER E MINNEAPOLIS MN 55414 | MARION C WARWICK | RESIDENTIAL | $461,900 | 50 ft |
| 1960 RIVER TER E MINNEAPOLIS MN 55414 | CLARE SAUNDERS & LEXI ROSE | RESIDENTIAL | $508,100 | 50 ft |
| 1948 RIVER TER E MINNEAPOLIS MN 55414 | CRISTINA SANTOS & JOHN V VIK | RESIDENTIAL | $420,000 | 100 ft |
| 310 CECIL ST S E MINNEAPOLIS MN 55414 | HENRY GOULD & SARAH KEISLING | RESIDENTIAL-TWO UNIT | $624,400 | 128 ft |
| 300 CECIL ST S E MINNEAPOLIS MN 55414 | REBECCA CARRISON ET AL | RESIDENTIAL-TWO UNIT | $595,600 | 133 ft |
| 1944 RIVER TER E MINNEAPOLIS MN 55414 | SUSAN M ROHDE | RESIDENTIAL | $598,000 | 159 ft |
| 316 CECIL ST S E MINNEAPOLIS MN 55414 | KYNDELL HARKNESS | RESIDENTIAL | $543,300 | 171 ft |
| 1957 RIVER PKWY E MINNEAPOLIS MN 55414 | GLORIA M BRADLEY | RESIDENTIAL | $681,600 | 183 ft |
| 1955 RIVER PKWY E MINNEAPOLIS MN 55414 | P G JORDAN II & P K JORDAN | RESIDENTIAL | $838,000 | 189 ft |
| 1961 RIVER PKWY E MINNEAPOLIS MN 55414 | T D MACKEY & B R RYAN | RESIDENTIAL | $763,000 | 190 ft |
Most Recent Sale
Current Tax Year