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.
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
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 3-story wood frame (5–12 units) benchmarks for 3,938 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 67 BEDFORD ST S E MINNEAPOLIS MN 55414 | FRANK BERGMAN PROPERTIES LLC | APARTMENT | $607,000 | 51 ft |
| 61 BEDFORD ST S E MINNEAPOLIS MN 55414 | DEAN BROS PROPERTIES LLC | COMMERCIAL-PREFERRED | $1,000,000 | 100 ft |
| 71 BEDFORD ST S E MINNEAPOLIS MN 55414 | PETER A DEGAN & CARI A DEGAN | TRIPLEX | $514,600 | 101 ft |
| 3410 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | PPL 3430 UNIVERSITY LLC | COMMERCIAL-PREFERRED | $1,650,000 | 132 ft |
| 75 BEDFORD ST S E MINNEAPOLIS MN 55414 | R C BERGMAN & N M BERGMAN | APARTMENT | $564,300 | 151 ft |
| 72 BEDFORD ST S E MINNEAPOLIS MN 55414 | UNIVER BIB FELLOW MPLS 1 CH | RESIDENTIAL-TWO UNIT | $217,400 | 189 ft |
| 81 BEDFORD ST S E MINNEAPOLIS MN 55414 | PARK BOARD | LAND-COMMERCIAL | $0 | 194 ft |
| 74 BEDFORD ST S E MINNEAPOLIS MN 55414 | F H FRANZEN & L CREGAN | RESIDENTIAL | $541,000 | 197 ft |
| 79 BEDFORD ST S E MINNEAPOLIS MN 55414 | BETH TOSO & ERIC J FREEBURG | RESIDENTIAL | $536,100 | 201 ft |
| 64 BEDFORD ST S E MINNEAPOLIS MN 55414 | UNIV BIB FEL MPLS I CHAPTER | APARTMENT | $0 | 209 ft |
Most Recent Sale
Current Tax Year