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.
5 permits on record since 2019 · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
Dean's Professional Plumbing Inc
Dean's Professional Plumbing Inc
Dean's Professional Plumbing Inc
Warners Stellian Co 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 4,440 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1916 RIVER TER E MINNEAPOLIS MN 55414 | D TOLLEFSON & C TOLLEFSON | RESIDENTIAL | $514,800 | 50 ft |
| 1924 RIVER TER E MINNEAPOLIS MN 55414 | NATHAN RICE & LINDSAY JURIGA | RESIDENTIAL | $525,000 | 50 ft |
| 1912 RIVER TER E MINNEAPOLIS MN 55414 | J K FRANKMAN & P B BRADLEY | RESIDENTIAL | $664,000 | 100 ft |
| 1928 RIVER TER E MINNEAPOLIS MN 55414 | MARIANNA B PRIEST | RESIDENTIAL | $542,800 | 100 ft |
| 1908 RIVER TER E MINNEAPOLIS MN 55414 | SIGRID BACHMANN | RESIDENTIAL | $438,900 | 150 ft |
| 1932 RIVER TER E MINNEAPOLIS MN 55414 | S PRIEST/C PRIEST & J PRIEST | RESIDENTIAL | $557,000 | 157 ft |
| 1917 RIVER PKWY E MINNEAPOLIS MN 55414 | M B SELTZER & C SCHULTZ | RESIDENTIAL | $751,200 | 184 ft |
| 1925 RIVER PKWY E MINNEAPOLIS MN 55414 | P JOHNSON & E LEASE-JOHNSON | RESIDENTIAL | $887,000 | 193 ft |
| 1921 RIVER TER E MINNEAPOLIS MN 55414 | RUTH E JAMIESON TRUST | RESIDENTIAL | $463,000 | 204 ft |
| 1913 RIVER PKWY E MINNEAPOLIS MN 55414 | S R ALCORN & M J VAN WERT | RESIDENTIAL | $740,100 | 205 ft |
Most Recent Sale
Current Tax Year