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.
2 permits on record since 2019 · $10K total declared value · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
CHRIS MANGROO LLC
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 4,400 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1908 RIVER TER E MINNEAPOLIS MN 55414 | SIGRID BACHMANN | RESIDENTIAL | $438,900 | 50 ft |
| 1916 RIVER TER E MINNEAPOLIS MN 55414 | D TOLLEFSON & C TOLLEFSON | RESIDENTIAL | $514,800 | 50 ft |
| 1920 RIVER TER E MINNEAPOLIS MN 55414 | S F SENCER & D A MURA | RESIDENTIAL | $631,100 | 100 ft |
| 315 SEYMOUR PL S E MINNEAPOLIS MN 55414 | PATRICIA L BELOIS | RESIDENTIAL | $558,000 | 130 ft |
| 311 SEYMOUR PL S E MINNEAPOLIS MN 55414 | JOEL H HETLER & LEE BRADFORD | RESIDENTIAL | $459,400 | 131 ft |
| 319 SEYMOUR PL S E MINNEAPOLIS MN 55414 | SHANNON FITZGERALD/ERIC NESS | RESIDENTIAL | $659,000 | 141 ft |
| 1924 RIVER TER E MINNEAPOLIS MN 55414 | NATHAN RICE & LINDSAY JURIGA | RESIDENTIAL | $525,000 | 150 ft |
| 1913 RIVER PKWY E MINNEAPOLIS MN 55414 | S R ALCORN & M J VAN WERT | RESIDENTIAL | $740,100 | 183 ft |
| 1915 RIVER TER E MINNEAPOLIS MN 55414 | M A GEHRING & J D HED | RESIDENTIAL | $411,000 | 199 ft |
| 1917 RIVER PKWY E MINNEAPOLIS MN 55414 | M B SELTZER & C SCHULTZ | RESIDENTIAL | $751,200 | 200 ft |
Most Recent Sale
Current Tax Year