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 2020 · $2K total declared value · Most recent: Jun 2025 (existres)
Home Energy Center Inc
CenterPoint Energy Resource Corp
BURNOMATIC
Neal E Simons
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 1,497 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 72 BEDFORD ST S E MINNEAPOLIS MN 55414 | UNIVER BIB FELLOW MPLS 1 CH | RESIDENTIAL-TWO UNIT | $217,400 | 58 ft |
| 81 BEDFORD ST S E MINNEAPOLIS MN 55414 | PARK BOARD | LAND-COMMERCIAL | $0 | 103 ft |
| 85 CLARENCE AVE S E MINNEAPOLIS MN 55414 | C D LENDWAY & S LENDWAY | RESIDENTIAL | $487,900 | 125 ft |
| 64 BEDFORD ST S E MINNEAPOLIS MN 55414 | UNIV BIB FEL MPLS I CHAPTER | APARTMENT | $0 | 133 ft |
| 79 CLARENCE AVE S E MINNEAPOLIS MN 55414 | C K HERMAN & W S HERMAN TRS | RESIDENTIAL | $496,000 | 157 ft |
| 88 CLARENCE AVE S E MINNEAPOLIS MN 55414 | TERRY C AWES TRUST | RESIDENTIAL | $648,600 | 159 ft |
| 92 CLARENCE AVE S E MINNEAPOLIS MN 55414 | M F BALLARD & E A BALLARD | RESIDENTIAL | $393,500 | 161 ft |
| 84 CLARENCE AVE S E MINNEAPOLIS MN 55414 | K & O TOFTE JR | RESIDENTIAL | $437,100 | 171 ft |
| 96 CLARENCE AVE S E MINNEAPOLIS MN 55414 | MADELON S SPRENGNETHER | RESIDENTIAL | $444,000 | 178 ft |
| 67 BEDFORD ST S E MINNEAPOLIS MN 55414 | FRANK BERGMAN PROPERTIES LLC | APARTMENT | $607,000 | 189 ft |
Most Recent Sale
Current Tax Year