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.
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 1049.02
Zip code 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
Urban Neighborhood 3 — medium-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 3-story wood frame (5–12 units) benchmarks for 144,256 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 117 27TH AVE S E MINNEAPOLIS MN 55414 | 117 27TH AVE LLC | APARTMENT | $43,461,000 | 217 ft |
| 628 HURON BLVD S E MINNEAPOLIS MN 55414 | WALTER CHAN | RESIDENTIAL | $168,000 | 380 ft |
| 624 HURON BLVD S E MINNEAPOLIS MN 55414 | 624 INVSTMT COMPANY LLP | APARTMENT | $1,649,000 | 384 ft |
| 630 HURON BLVD S E MINNEAPOLIS MN 55414 | R T STONE & R M STENDAHL | RESIDENTIAL-TWO UNIT | $408,300 | 392 ft |
| 618 HURON BLVD S E MINNEAPOLIS MN 55414 | JOHN W LOUCK/MARION T LOUCK | RESIDENTIAL-TWO UNIT | $286,700 | 400 ft |
| 525 HURON BLVD S E MINNEAPOLIS MN 55414 | GLEN LINCOLN PARTNERS LLP | COMMERCIAL-PREFERRED | $1,477,100 | 403 ft |
| 133 27TH AVE S E MINNEAPOLIS MN 55414 | MARK D PARTEN & JULIE PARTEN | TRIPLEX | $930,800 | 414 ft |
| 2610 ESSEX ST S E MINNEAPOLIS MN 55414 | MAXWELL PARKING VENTURES LLC | LAND - INDUSTRIAL | $780,200 | 421 ft |
| 638 HURON BLVD S E MINNEAPOLIS MN 55414 | JONG Y LEE | VACANT LAND-APARTMENT | $16,000 | 424 ft |
| 614 HURON BLVD S E MINNEAPOLIS MN 55414 | REGENTS/UNIVERSITY OF MN | VACANT LAND-APARTMENT | $0 | 432 ft |
Most Recent Sale
Current Tax Year