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.
4 permits on record since 2017 · $16K total declared value · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
Hurlburt Heating & Plumbing
Boe Plumbing Inc
SCHUTROP BUILDING AND DEVELOPMENT CORPORATION
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
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 2,308 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 809 SUPERIOR ST S E MINNEAPOLIS MN 55414 | KENDRICK KAY | RESIDENTIAL | $571,000 | 38 ft |
| 801 SUPERIOR ST S E MINNEAPOLIS MN 55414 | O Y KEIJZER & S M KEIJZER | RESIDENTIAL | $389,000 | 50 ft |
| 1212 YALE AVE MINNEAPOLIS MN 55414 | KAREN J MURDOCK | RESIDENTIAL | $284,000 | 57 ft |
| 811 SUPERIOR ST S E MINNEAPOLIS MN 55414 | ELEANOR ZANNA-BROWN | RESIDENTIAL | $457,600 | 81 ft |
| 815 SUPERIOR ST S E MINNEAPOLIS MN 55414 | C S BUECHLER & K D BUECHLER | RESIDENTIAL-TWO UNIT | $555,200 | 131 ft |
| 19 27TH AVE S E MINNEAPOLIS MN 55414 | L M SYLVESTER LIV TR ET AL | APARTMENT | $2,016,000 | 143 ft |
| 27 27TH AVE S E MINNEAPOLIS MN 55414 | WILLIAM K CHAN ET AL | TRIPLEX | $419,200 | 149 ft |
| 743 SUPERIOR ST S E MINNEAPOLIS MN 55414 | C E IRELAND & M C HOLMES | RESIDENTIAL-TWO UNIT | $308,000 | 152 ft |
| 806 SUPERIOR ST S E MINNEAPOLIS MN 55414 | TRUST AG OF ROBERT C ROSSLEY | RESIDENTIAL | $415,000 | 152 ft |
| 800 SUPERIOR ST S E MINNEAPOLIS MN 55414 | S F & K A HAMMERGREN TRES | RESIDENTIAL | $423,000 | 169 ft |
Most Recent Sale
Current Tax Year