Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗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 ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗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
Most Recent Sale
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2949 4TH ST S E MINNEAPOLIS MN 55414 | G4 PARTNERS LLC | APARTMENT | $45,081,000 | 316 ft |
| 3001 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | TEAMSTERS 3001 BLDG CORP | COMMERCIAL-PREFERRED | $2,040,000 | 355 ft |
| 2900 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | SHI ZHOU HUANG | CONDOMINIUM | $232,000 | 369 ft |
| 2900 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | J HICKEY/C HICKEY/C HICKEY | CONDOMINIUM | $238,000 | 369 ft |
| 2900 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | THOREN MANGOLD/NAOMI MANGOLD | CONDOMINIUM | $208,000 | 369 ft |
| 2900 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | ABDUL QURESHI | CONDOMINIUM | $237,000 | 369 ft |
| 2900 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | RUEL POPA & IRENE POPA | CONDOMINIUM | $118,000 | 369 ft |
| 2900 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | CONNOR S DOYLE | CONDOMINIUM | $235,000 | 369 ft |
| 2900 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | ROSHANI DAHAL | CONDOMINIUM | $185,000 | 369 ft |
| 2900 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | KIN GEE & KIM GEE | CONDOMINIUM | $243,000 | 369 ft |