ParcelLens
Property Intelligence · Twin Cities
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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.
3 permits on record since 2014 · $190K total declared value · Most recent: Jun 2025 (misc)
Daniel Emery
ALBERTSON MECHANICAL LLC
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 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 5,229 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 39 CLARENCE AVE S E MINNEAPOLIS MN 55414 | HANNAH M ROSS & JESSE ROSS | RESIDENTIAL-TWO UNIT | $892,000 | 86 ft |
| 65 CLARENCE AVE S E MINNEAPOLIS MN 55414 | BRIDGET ANN MATHIE | RESIDENTIAL | $648,000 | 89 ft |
| 69 CLARENCE AVE S E MINNEAPOLIS MN 55414 | DONNA M SCHNEIDER | RESIDENTIAL-TWO UNIT | $581,600 | 152 ft |
| 35 CLARENCE AVE S E MINNEAPOLIS MN 55414 | LISE R HOULTON REV TRUST | RESIDENTIAL | $828,000 | 185 ft |
| 54 CLARENCE AVE S E MINNEAPOLIS MN 55414 | MARY E SCHNEIDER TRUSTEE | TRIPLEX | $760,200 | 192 ft |
| 48 CLARENCE AVE S E MINNEAPOLIS MN 55414 | D L FRANK & L A VONKORFF | RESIDENTIAL | $637,000 | 196 ft |
| 73 CLARENCE AVE S E MINNEAPOLIS MN 55414 | KYLE C RATH & MEIGAN J RATH | RESIDENTIAL | $589,000 | 202 ft |
| 44 CLARENCE AVE S E MINNEAPOLIS MN 55414 | MICHAEL BELL & ALLISON BELL | RESIDENTIAL | $750,000 | 214 ft |
| 64 CLARENCE AVE S E MINNEAPOLIS MN 55414 | MARY E SCHNEIDER TRUSTEE | RESIDENTIAL | $773,000 | 223 ft |
| 3342 PROSPECT TER MINNEAPOLIS MN 55414 | T A REAL ESTATE LLC | RESIDENTIAL | $267,200 | 231 ft |
Most Recent Sale
Current Tax Year