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 ↗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.
4 permits on record since 2023 · $22K total declared value · Most recent: Oct 2024 (misc)
KAUFMAN SHEET METAL ROOFING INC
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
Urban Pine Plumbing and 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
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 3,738 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 102 ARTHUR AVE S E MINNEAPOLIS MN 55414 | MEACHAM FAMILY 2017 TRUST | RESIDENTIAL | $375,000 | 45 ft |
| 92 ARTHUR AVE S E MINNEAPOLIS MN 55414 | WANAMAKER MOSKOWITZ TRUST | RESIDENTIAL | $510,900 | 49 ft |
| 88 ARTHUR AVE S E MINNEAPOLIS MN 55414 | ELAINE T MAY REVOCABLE TRUST | RESIDENTIAL | $474,900 | 100 ft |
| 106 ARTHUR AVE S E MINNEAPOLIS MN 55414 | ANDREW B MICKEL | RESIDENTIAL | $497,500 | 107 ft |
| 86 ARTHUR AVE S E MINNEAPOLIS MN 55414 | JENNIFER R MICHLITSCH ET AL | RESIDENTIAL | $618,500 | 149 ft |
| 112 ARTHUR AVE S E MINNEAPOLIS MN 55414 | TIMOTHY JOHN SCHNABEL | RESIDENTIAL | $469,800 | 178 ft |
| 81 ARTHUR AVE S E MINNEAPOLIS MN 55414 | DOUGLAS OLMSTED FREEMAN | RESIDENTIAL | $352,000 | 202 ft |
| 73 ARTHUR AVE S E MINNEAPOLIS MN 55414 | K SKAIFE & B SMITH | RESIDENTIAL | $536,100 | 215 ft |
| 80 ARTHUR AVE S E MINNEAPOLIS MN 55414 | JEFFREY A GOTTLIEB ET AL | RESIDENTIAL | $525,000 | 219 ft |
| 114 ARTHUR AVE S E MINNEAPOLIS MN 55414 | J F URBAN & C J DEWEY URBAN | RESIDENTIAL | $604,600 | 233 ft |
Most Recent Sale
Current Tax Year