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 2012 · $1.8M total declared value · Most recent: Apr 2024 (commfdrr)
Spriggs Plumbing & Heating Inc
Spriggs Plumbing & Heating Inc
Dillon Larsen
Kraft Mechanical
JPMI CONSTRUCTION CO
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 1049.02
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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 126 ARTHUR AVE S E MINNEAPOLIS MN 55414 | LEAH & PAUL HONSEY | RESIDENTIAL | $515,700 | 217 ft |
| 122 ARTHUR AVE S E MINNEAPOLIS MN 55414 | D BIELENBERG & K BIELENBERG | RESIDENTIAL | $533,000 | 222 ft |
| 130 ARTHUR AVE S E MINNEAPOLIS MN 55414 | HUNT FAMILY TRUST | RESIDENTIAL | $521,800 | 223 ft |
| 134 ARTHUR AVE S E MINNEAPOLIS MN 55414 | M M HIRSCHMANN & D L WHITNEY | RESIDENTIAL | $433,700 | 235 ft |
| 118 ARTHUR AVE S E MINNEAPOLIS MN 55414 | MARY G BRITTON | RESIDENTIAL-TWO UNIT | $523,800 | 240 ft |
| 142 ARTHUR PL S E MINNEAPOLIS MN 55414 | TOMOE KATAGIRI | RESIDENTIAL | $271,900 | 244 ft |
| 114 ARTHUR AVE S E MINNEAPOLIS MN 55414 | J F URBAN & C J DEWEY URBAN | RESIDENTIAL | $604,600 | 267 ft |
| 138 ARTHUR AVE S E MINNEAPOLIS MN 55414 | ALISON S KATAGIRI | RESIDENTIAL | $263,300 | 276 ft |
| 112 ARTHUR AVE S E MINNEAPOLIS MN 55414 | TIMOTHY JOHN SCHNABEL | RESIDENTIAL | $469,800 | 309 ft |
| 106 ARTHUR AVE S E MINNEAPOLIS MN 55414 | ANDREW B MICKEL | RESIDENTIAL | $497,500 | 378 ft |
Current Tax Year