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 2021 · $50K total declared value · Most recent: Jan 2026 (remodel)
Groundworks
Innovative Basement Authority
Innovative Basement Authority
KAUFMAN SHEET METAL ROOFING 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 5,040 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1901 RIVER PKWY E MINNEAPOLIS MN 55414 | D A FOSTER/S A STOESZ TRUSTS | RESIDENTIAL | $974,000 | 50 ft |
| 1909 RIVER PKWY E MINNEAPOLIS MN 55414 | ERIC DROMMERHAUSEN ET AL | RESIDENTIAL | $592,200 | 50 ft |
| 319 SEYMOUR PL S E MINNEAPOLIS MN 55414 | SHANNON FITZGERALD/ERIC NESS | RESIDENTIAL | $659,000 | 108 ft |
| 1913 RIVER PKWY E MINNEAPOLIS MN 55414 | S R ALCORN & M J VAN WERT | RESIDENTIAL | $740,100 | 108 ft |
| 315 SEYMOUR PL S E MINNEAPOLIS MN 55414 | PATRICIA L BELOIS | RESIDENTIAL | $558,000 | 175 ft |
| 1917 RIVER PKWY E MINNEAPOLIS MN 55414 | M B SELTZER & C SCHULTZ | RESIDENTIAL | $751,200 | 181 ft |
| 1633 RIVER PKWY E MINNEAPOLIS MN 55414 | TARA OLSON | RESIDENTIAL | $908,500 | 185 ft |
| 312 SEYMOUR PL S E MINNEAPOLIS MN 55414 | ANATOLY LIBERMAN & WIFE | RESIDENTIAL | $536,100 | 213 ft |
| 1908 RIVER TER E MINNEAPOLIS MN 55414 | SIGRID BACHMANN | RESIDENTIAL | $438,900 | 214 ft |
| 1912 RIVER TER E MINNEAPOLIS MN 55414 | J K FRANKMAN & P B BRADLEY | RESIDENTIAL | $664,000 | 230 ft |
Most Recent Sale
Current Tax Year