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.
4 permits on record since 2025 · $16K total declared value · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
Janecky Plumbing Service Inc
Janecky Plumbing Service Inc
SELA ROOFING AND REMODELING INC
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 3,537 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1629 RIVER TER E MINNEAPOLIS MN 55414 | D S BROWN & A K MAXAM-BROWN | RESIDENTIAL | $502,200 | 50 ft |
| 1625 RIVER TER E MINNEAPOLIS MN 55414 | E D COHEN/K J ROTH/F A ROTH | RESIDENTIAL | $480,000 | 100 ft |
| 1901 RIVER TER E MINNEAPOLIS MN 55414 | D I HOFFMANN & W F OLIVE III | RESIDENTIAL | $578,000 | 123 ft |
| 1621 RIVER TER E MINNEAPOLIS MN 55414 | L J TOWLE & K A TOWLE | RESIDENTIAL | $437,000 | 150 ft |
| 300 SEYMOUR PL S E MINNEAPOLIS MN 55414 | BRENDAN SHEEHAN/TESSA HAHN | RESIDENTIAL | $546,000 | 151 ft |
| 1909 RIVER TER E MINNEAPOLIS MN 55414 | J STUBBS & A M W STUBBS | RESIDENTIAL | $626,100 | 198 ft |
| 1617 RIVER TER E MINNEAPOLIS MN 55414 | LINDA ANNE RUST | RESIDENTIAL | $491,600 | 200 ft |
| 304 SEYMOUR PL S E MINNEAPOLIS MN 55414 | PER LARS HATLEVIK | RESIDENTIAL | $457,000 | 200 ft |
| 311 SEYMOUR PL S E MINNEAPOLIS MN 55414 | JOEL H HETLER & LEE BRADFORD | RESIDENTIAL | $459,400 | 209 ft |
| 1624 RIVER TER E MINNEAPOLIS MN 55414 | CHRISTINE M MATIMBA | RESIDENTIAL | $469,500 | 223 ft |
Most Recent Sale
Current Tax Year