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.
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 1256
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
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.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 74 BEDFORD ST S E MINNEAPOLIS MN 55414 | F H FRANZEN & L CREGAN | RESIDENTIAL | $541,000 | 103 ft |
| 96 CLARENCE AVE S E MINNEAPOLIS MN 55414 | MADELON S SPRENGNETHER | RESIDENTIAL | $444,000 | 113 ft |
| 92 CLARENCE AVE S E MINNEAPOLIS MN 55414 | M F BALLARD & E A BALLARD | RESIDENTIAL | $393,500 | 128 ft |
| 75 BEDFORD ST S E MINNEAPOLIS MN 55414 | R C BERGMAN & N M BERGMAN | APARTMENT | $564,300 | 130 ft |
| 71 BEDFORD ST S E MINNEAPOLIS MN 55414 | PETER A DEGAN & CARI A DEGAN | TRIPLEX | $514,600 | 137 ft |
| 79 BEDFORD ST S E MINNEAPOLIS MN 55414 | BETH TOSO & ERIC J FREEBURG | RESIDENTIAL | $536,100 | 142 ft |
| 72 BEDFORD ST S E MINNEAPOLIS MN 55414 | UNIVER BIB FELLOW MPLS 1 CH | RESIDENTIAL-TWO UNIT | $217,400 | 155 ft |
| 78 BEDFORD ST S E MINNEAPOLIS MN 55414 | S HART & B J M HART | RESIDENTIAL | $500,800 | 156 ft |
| 88 CLARENCE AVE S E MINNEAPOLIS MN 55414 | TERRY C AWES TRUST | RESIDENTIAL | $648,600 | 157 ft |
| 67 BEDFORD ST S E MINNEAPOLIS MN 55414 | FRANK BERGMAN PROPERTIES LLC | APARTMENT | $607,000 | 160 ft |
Current Tax Year