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.
1 permit on record since 2019 · $20K total declared value · Most recent: Oct 2019 (roofwind)
ESTATE CLAIM SERVICES 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
Most Recent Sale
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 54 BEDFORD ST S E MINNEAPOLIS MN 55414 | A M BUGBEE & B J BUGBEE-TONG | RESIDENTIAL | $449,000 | 55 ft |
| 58 BEDFORD ST S E MINNEAPOLIS MN 55414 | STEVEN C PAULING | RESIDENTIAL | $375,000 | 85 ft |
| 3352 PROSPECT TER MINNEAPOLIS MN 55414 | TERRY WAYNE HOKENSON | RESIDENTIAL | $215,000 | 85 ft |
| 3350 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | 3350 UNI PROP LLC | VACANT LAND-APARTMENT | $506,400 | 101 ft |
| 60 BEDFORD ST S E MINNEAPOLIS MN 55414 | STEVEN C PAULING | RESIDENTIAL | $584,600 | 113 ft |
| 3348 PROSPECT TER MINNEAPOLIS MN 55414 | MATTHEW L ZERBY | RESIDENTIAL | $244,000 | 128 ft |
| 64 BEDFORD ST S E MINNEAPOLIS MN 55414 | UNIV BIB FEL MPLS I CHAPTER | APARTMENT | $0 | 167 ft |
| 3342 PROSPECT TER MINNEAPOLIS MN 55414 | T A REAL ESTATE LLC | RESIDENTIAL | $267,200 | 171 ft |
| 3400 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | 3400 UNIVERSITY MPLS LLC | APARTMENT | $1,468,100 | 187 ft |
| 3338 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | THE TOWER HILL BUILDING LLC | COMMERCIAL-PREFERRED | $3,230,000 | 194 ft |