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.
4 permits on record since 2018 · $14K total declared value · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
All Weather Exteriors
Warners Stellian Co Inc
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 6,652 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 73 CLARENCE AVE S E MINNEAPOLIS MN 55414 | KYLE C RATH & MEIGAN J RATH | RESIDENTIAL | $589,000 | 51 ft |
| 65 CLARENCE AVE S E MINNEAPOLIS MN 55414 | BRIDGET ANN MATHIE | RESIDENTIAL | $648,000 | 63 ft |
| 79 CLARENCE AVE S E MINNEAPOLIS MN 55414 | C K HERMAN & W S HERMAN TRS | RESIDENTIAL | $496,000 | 115 ft |
| 3342 PROSPECT TER MINNEAPOLIS MN 55414 | T A REAL ESTATE LLC | RESIDENTIAL | $267,200 | 145 ft |
| 85 CLARENCE AVE S E MINNEAPOLIS MN 55414 | C D LENDWAY & S LENDWAY | RESIDENTIAL | $487,900 | 148 ft |
| 51 CLARENCE AVE S E MINNEAPOLIS MN 55414 | DAN EMERY & MELANIE V SMITH | RESIDENTIAL | $811,400 | 152 ft |
| 3348 PROSPECT TER MINNEAPOLIS MN 55414 | MATTHEW L ZERBY | RESIDENTIAL | $244,000 | 163 ft |
| 60 BEDFORD ST S E MINNEAPOLIS MN 55414 | STEVEN C PAULING | RESIDENTIAL | $584,600 | 175 ft |
| 39 CLARENCE AVE S E MINNEAPOLIS MN 55414 | HANNAH M ROSS & JESSE ROSS | RESIDENTIAL-TWO UNIT | $892,000 | 184 ft |
| 3352 PROSPECT TER MINNEAPOLIS MN 55414 | TERRY WAYNE HOKENSON | RESIDENTIAL | $215,000 | 187 ft |
Most Recent Sale
Current Tax Year