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 2021 · $54K total declared value · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
Matt's Plumbing Solutions LLC
Minnesota Rusco Inc
Minnesota Rusco Inc
THE CHIMNEY PROS SERVICES LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
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 11,430 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1965 RIVER TER E MINNEAPOLIS MN 55414 | JANELLE M KINNING | RESIDENTIAL | $477,700 | 63 ft |
| 1955 RIVER TER E MINNEAPOLIS MN 55414 | DIVYA KARAN/VINAY GIDWANI | RESIDENTIAL | $619,000 | 75 ft |
| 1969 RIVER TER E MINNEAPOLIS MN 55414 | ALAN RICHIE & NANCY S ALCORN | RESIDENTIAL | $557,000 | 113 ft |
| 1949 RIVER TER E MINNEAPOLIS MN 55414 | JANE M SCHULZ | RESIDENTIAL | $517,200 | 151 ft |
| 1969 RIVER TER E MINNEAPOLIS MN 55414 | SOO LINE RR | RAILROAD | $100 | 155 ft |
| 300 CECIL ST S E MINNEAPOLIS MN 55414 | REBECCA CARRISON ET AL | RESIDENTIAL-TWO UNIT | $595,600 | 216 ft |
| 1941 RIVER TER E MINNEAPOLIS MN 55414 | BARBARA T DUCAT TRUST | RESIDENTIAL | $708,000 | 238 ft |
| 1960 RIVER TER E MINNEAPOLIS MN 55414 | CLARE SAUNDERS & LEXI ROSE | RESIDENTIAL | $508,100 | 244 ft |
| 1956 RIVER TER E MINNEAPOLIS MN 55414 | SEAN EDWARD SHERMAN | RESIDENTIAL | $457,200 | 246 ft |
| 1952 RIVER TER E MINNEAPOLIS MN 55414 | MARION C WARWICK | RESIDENTIAL | $461,900 | 259 ft |
Most Recent Sale
Current Tax Year