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 1256
Zip code 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
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 |
|---|---|---|---|---|
| 1969 RIVER TER E MINNEAPOLIS MN 55414 | ALAN RICHIE & NANCY S ALCORN | RESIDENTIAL | $557,000 | 121 ft |
| 1965 RIVER TER E MINNEAPOLIS MN 55414 | JANELLE M KINNING | RESIDENTIAL | $477,700 | 125 ft |
| 1961 RIVER TER E MINNEAPOLIS MN 55414 | M J MCCOMAS & J J MCCOMAS | RESIDENTIAL | $433,000 | 155 ft |
| 1955 RIVER TER E MINNEAPOLIS MN 55414 | DIVYA KARAN/VINAY GIDWANI | RESIDENTIAL | $619,000 | 211 ft |
| 1949 RIVER TER E MINNEAPOLIS MN 55414 | JANE M SCHULZ | RESIDENTIAL | $517,200 | 276 ft |
| 245 CECIL ST S E MINNEAPOLIS MN 55414 | C G DEYOUNG & K V CADIEUX | RESIDENTIAL | $421,600 | 296 ft |
| 300 CECIL ST S E MINNEAPOLIS MN 55414 | REBECCA CARRISON ET AL | RESIDENTIAL-TWO UNIT | $595,600 | 328 ft |
| 241 CECIL ST S E MINNEAPOLIS MN 55414 | P EVANS & J STENNES | RESIDENTIAL | $397,300 | 341 ft |
| 1941 RIVER TER E MINNEAPOLIS MN 55414 | BARBARA T DUCAT TRUST | RESIDENTIAL | $708,000 | 356 ft |
| 1960 RIVER TER E MINNEAPOLIS MN 55414 | CLARE SAUNDERS & LEXI ROSE | RESIDENTIAL | $508,100 | 380 ft |