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.
6 permits on record since 2007 · $209K total declared value · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
ST PAUL PLUMBING AND HEATING CO INC
ST PAUL PLUMBING AND HEATING CO INC
UPTOWN PLUMBING HEATING AND COOLING
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 2 — moderate-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 small multifamily (2–4 units, wood frame) benchmarks for 7,125 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 21 SEYMOUR AVE S E MINNEAPOLIS MN 55414 | GARY M GARDNER REV TRUST | RESIDENTIAL | $685,000 | 59 ft |
| 1 SEYMOUR AVE S E MINNEAPOLIS MN 55414 | ERIC AMEL & GAYLA JEAN LINDT | RESIDENTIAL | $635,000 | 83 ft |
| 44 CLARENCE AVE S E MINNEAPOLIS MN 55414 | MICHAEL BELL & ALLISON BELL | RESIDENTIAL | $750,000 | 120 ft |
| 75 ORLIN AVE S E MINNEAPOLIS MN 55414 | K TURPIN/J SPENNER ET AL | RESIDENTIAL | $373,000 | 139 ft |
| 77 ORLIN AVE S E MINNEAPOLIS MN 55414 | ERIC LIND & CHRISTIANNE LIND | RESIDENTIAL | $486,600 | 148 ft |
| 25 SEYMOUR AVE S E MINNEAPOLIS MN 55414 | A B WALSH & D B WALSH | RESIDENTIAL-TWO UNIT | $903,400 | 166 ft |
| 87 ORLIN AVE S E MINNEAPOLIS MN 55414 | ADDIE SEE & MATTHEW SHIPMAN | RESIDENTIAL | $590,000 | 172 ft |
| 48 CLARENCE AVE S E MINNEAPOLIS MN 55414 | D L FRANK & L A VONKORFF | RESIDENTIAL | $637,000 | 194 ft |
| 93 ORLIN AVE S E MINNEAPOLIS MN 55414 | CHRISTINE J JOHNSON | RESIDENTIAL-TWO UNIT | $522,700 | 248 ft |
| 39 SEYMOUR AVE S E MINNEAPOLIS MN 55414 | P W HOLBROOK & S B BARDILL | RESIDENTIAL | $637,600 | 267 ft |
Most Recent Sale
Current Tax Year