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
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 4,463 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1909 RIVER TER E MINNEAPOLIS MN 55414 | J STUBBS & A M W STUBBS | RESIDENTIAL | $626,100 | 67 ft |
| 1921 RIVER TER E MINNEAPOLIS MN 55414 | RUTH E JAMIESON TRUST | RESIDENTIAL | $463,000 | 68 ft |
| 1901 RIVER TER E MINNEAPOLIS MN 55414 | D I HOFFMANN & W F OLIVE III | RESIDENTIAL | $578,000 | 143 ft |
| 1927 RIVER TER E MINNEAPOLIS MN 55414 | T E KILBURN & P G THOMSON TR | RESIDENTIAL-TWO UNIT | $611,400 | 154 ft |
| 1912 RIVER TER E MINNEAPOLIS MN 55414 | J K FRANKMAN & P B BRADLEY | RESIDENTIAL | $664,000 | 199 ft |
| 311 SEYMOUR PL S E MINNEAPOLIS MN 55414 | JOEL H HETLER & LEE BRADFORD | RESIDENTIAL | $459,400 | 205 ft |
| 1916 RIVER TER E MINNEAPOLIS MN 55414 | D TOLLEFSON & C TOLLEFSON | RESIDENTIAL | $514,800 | 205 ft |
| 1908 RIVER TER E MINNEAPOLIS MN 55414 | SIGRID BACHMANN | RESIDENTIAL | $438,900 | 207 ft |
| 1920 RIVER TER E MINNEAPOLIS MN 55414 | S F SENCER & D A MURA | RESIDENTIAL | $631,100 | 221 ft |
| 1924 RIVER TER E MINNEAPOLIS MN 55414 | NATHAN RICE & LINDSAY JURIGA | RESIDENTIAL | $525,000 | 247 ft |
Most Recent Sale
Current Tax Year