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.
5 permits on record since 2020 · $15K total declared value · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
ST PAUL PLUMBING AND HEATING CO INC
ST PAUL PLUMBING AND HEATING CO INC
WALKER ROOFING CO
WOODLAND STOVES & FIREPLACES
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
Lot dimensions are insufficient for the standard setbacks shown.
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 1,682 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 96 CLARENCE AVE S E MINNEAPOLIS MN 55414 | MADELON S SPRENGNETHER | RESIDENTIAL | $444,000 | 58 ft |
| 92 CLARENCE AVE S E MINNEAPOLIS MN 55414 | M F BALLARD & E A BALLARD | RESIDENTIAL | $393,500 | 101 ft |
| 153 ORLIN AVE S E MINNEAPOLIS MN 55414 | GINIA LYNN KLAMECKI | RESIDENTIAL | $558,000 | 116 ft |
| 88 CLARENCE AVE S E MINNEAPOLIS MN 55414 | TERRY C AWES TRUST | RESIDENTIAL | $648,600 | 146 ft |
| 156 ORLIN AVE S E MINNEAPOLIS MN 55414 | CHRISTINE S NG | RESIDENTIAL | $358,000 | 148 ft |
| 81 BEDFORD ST S E MINNEAPOLIS MN 55414 | PARK BOARD | LAND-COMMERCIAL | $0 | 156 ft |
| 150 ORLIN AVE S E MINNEAPOLIS MN 55414 | GORMAN PARK PROPERTIES LLLP | APARTMENT | $552,000 | 162 ft |
| 2200 ORLIN AVE S E MINNEAPOLIS MN 55414 | PARK BOARD | LAND-COMMERCIAL | $0 | 177 ft |
| 83 BEDFORD ST S E MINNEAPOLIS MN 55414 | ERIK M ANDERSON | RESIDENTIAL | $416,000 | 182 ft |
| 87 BEDFORD ST S E MINNEAPOLIS MN 55414 | VIVIAN OREY REVOCABLE TRUST | RESIDENTIAL | $500,300 | 183 ft |
Most Recent Sale
Current Tax Year