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.
7 permits on record since 2018 · $25K total declared value · Most recent: Feb 2024 (res)
CenterPoint Energy Resource Corp
TEAM MECHANICAL INC
Kelly Plumbing and Heating Inc
Warners Stellian Co Inc
The Snelling Co 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
Lot dimensions are insufficient for the standard setbacks shown.
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 2,225 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 130 ARTHUR AVE S E MINNEAPOLIS MN 55414 | HUNT FAMILY TRUST | RESIDENTIAL | $521,800 | 40 ft |
| 138 ARTHUR AVE S E MINNEAPOLIS MN 55414 | ALISON S KATAGIRI | RESIDENTIAL | $263,300 | 55 ft |
| 142 ARTHUR PL S E MINNEAPOLIS MN 55414 | TOMOE KATAGIRI | RESIDENTIAL | $271,900 | 56 ft |
| 126 ARTHUR AVE S E MINNEAPOLIS MN 55414 | LEAH & PAUL HONSEY | RESIDENTIAL | $515,700 | 81 ft |
| 122 ARTHUR AVE S E MINNEAPOLIS MN 55414 | D BIELENBERG & K BIELENBERG | RESIDENTIAL | $533,000 | 126 ft |
| 111 ARTHUR AVE S E MINNEAPOLIS MN 55414 | DEBRA ANN HLAVKA | RESIDENTIAL | $550,800 | 157 ft |
| 117 ARTHUR AVE S E MINNEAPOLIS MN 55414 | ALEXANDER OLSEN | RESIDENTIAL | $440,000 | 172 ft |
| 118 ARTHUR AVE S E MINNEAPOLIS MN 55414 | MARY G BRITTON | RESIDENTIAL-TWO UNIT | $523,800 | 176 ft |
| 107 ARTHUR AVE S E MINNEAPOLIS MN 55414 | PATRICIA YOEDICKE | RESIDENTIAL | $570,200 | 201 ft |
| 150 ARTHUR AVE S E MINNEAPOLIS MN 55414 | J R WELCH & J N WILD | RESIDENTIAL | $377,000 | 205 ft |
Most Recent Sale
Current Tax Year