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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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 2023 · $20K total declared value · Most recent: Oct 2023 (commfdrr)
Mike's Custom Mechanical Inc
Mike's Custom Mechanical 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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Corner-lot envelopes may require contextual setback review and should be treated as planning estimates.
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 10,210 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 325 ST ANTHONY AVE MINNEAPOLIS MN 55414 | RIVER BANK 2 LLC | TRIPLEX | $676,000 | 0 ft |
| 319 ST ANTHONY AVE MINNEAPOLIS MN 55414 | RIVER BANK 3 LLC | TRIPLEX | $676,000 | 0 ft |
| MN | Unknown | — | — | 0 ft |
| 2101 RIVER TER E MINNEAPOLIS MN 55414 | D&B-ERT LLC | APARTMENT | $1,135,000 | 176 ft |
| 11 RIVER TERRACE CT MINNEAPOLIS MN 55414 | D&B-ERT LLC | APARTMENT | $1,118,000 | 225 ft |
| 1 RIVER TERRACE CT MINNEAPOLIS MN 55414 | D&B-ERT LLC | APARTMENT | $1,135,000 | 255 ft |
| 21 RIVER TERRACE CT MINNEAPOLIS MN 55414 | D&B-ERT LLC | APARTMENT | $1,087,800 | 357 ft |
| 335 ST ANTHONY AVE MINNEAPOLIS MN 55414 | T S ROBERTSON & L ROBERTSON | VACANT LAND-RESIDENTIAL | $50,000 | 358 ft |
| 301 ST ANTHONY AVE MINNEAPOLIS MN 55414 | L JOHNSON & M JOHNSON TRSTES | APARTMENT | $3,097,000 | 400 ft |
| 2 RIVER TERRACE CT MINNEAPOLIS MN 55414 | D&B-ERT LLC | APARTMENT | $1,135,000 | 461 ft |
Current Tax Year