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.
1 permit on record since 2025 · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
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 4,201 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 135 ORLIN AVE S E MINNEAPOLIS MN 55414 | BRIAN/SUSAN ANDERSON TR ETAL | RESIDENTIAL | $490,900 | 50 ft |
| 143 ORLIN AVE S E MINNEAPOLIS MN 55414 | JANE STOCKMAN | RESIDENTIAL | $525,500 | 50 ft |
| 131 ORLIN AVE S E MINNEAPOLIS MN 55414 | J A ASKEW & D B GALLE | RESIDENTIAL | $521,100 | 100 ft |
| 147 ORLIN AVE S E MINNEAPOLIS MN 55414 | SUSAN A LARSON-FLEMING | RESIDENTIAL | $604,200 | 111 ft |
| 72 CLARENCE AVE S E MINNEAPOLIS MN 55414 | GORMAN PARK PROPERTIES LLLP | RESIDENTIAL-TWO UNIT | $498,100 | 141 ft |
| 127 ORLIN AVE S E MINNEAPOLIS MN 55414 | P G HARPER JR & M E MUGGLI | RESIDENTIAL | $576,200 | 151 ft |
| 76 CLARENCE AVE S E MINNEAPOLIS MN 55414 | N L WAREHAM & B L W WAREHAM | RESIDENTIAL | $377,300 | 152 ft |
| 138 ORLIN AVE S E MINNEAPOLIS MN 55414 | T R & C L ERICKSON | RESIDENTIAL-TWO UNIT | $405,900 | 168 ft |
| 80 CLARENCE AVE S E MINNEAPOLIS MN 55414 | S W PEABODY & M HENRICKSON | RESIDENTIAL | $392,000 | 171 ft |
| 64 CLARENCE AVE S E MINNEAPOLIS MN 55414 | MARY E SCHNEIDER TRUSTEE | RESIDENTIAL | $773,000 | 175 ft |
Most Recent Sale
Current Tax Year