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.
3 permits on record since 2017 · $7K total declared value · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
WALKER ROOFING CO
Weld and Sons Plumbing 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 9,299 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1605 RIVER PKWY E MINNEAPOLIS MN 55414 | J WEST & L BURTON-WEST | RESIDENTIAL | $670,400 | 66 ft |
| 1615 RIVER PKWY E MINNEAPOLIS MN 55414 | JENNIFER TULLOSS | RESIDENTIAL | $604,100 | 68 ft |
| 1621 RIVER PKWY E MINNEAPOLIS MN 55414 | KATHERINE M HARTMAN | RESIDENTIAL | $672,300 | 126 ft |
| 1601 RIVER PKWY E MINNEAPOLIS MN 55414 | LYNNE A BARDY TRUST | RESIDENTIAL | $896,100 | 137 ft |
| 1625 RIVER PKWY E MINNEAPOLIS MN 55414 | MOSTAFA KAVEH LIVING TRUST | RESIDENTIAL | $672,900 | 176 ft |
| 1610 RIVER TER E MINNEAPOLIS MN 55414 | FIRST TRUST NTNL ASSOC TRSTE | RESIDENTIAL | $591,000 | 183 ft |
| 1604 RIVER TER E MINNEAPOLIS MN 55414 | R E ANHOLT & A B WALTNER | RESIDENTIAL | $630,000 | 195 ft |
| 1616 RIVER TER E MINNEAPOLIS MN 55414 | L J THEIS & C GROSS | RESIDENTIAL | $543,900 | 201 ft |
| 1531 RIVER PKWY E MINNEAPOLIS MN 55414 | LOUIS J DE WITT | RESIDENTIAL | $807,900 | 211 ft |
| 1620 RIVER TER E MINNEAPOLIS MN 55414 | R HALBACH & P LARSON | RESIDENTIAL | $502,200 | 227 ft |
Most Recent Sale
Current Tax Year