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.
2 permits on record since 2024 · Most recent: Feb 2024 (res)
CenterPoint Energy Resource Corp
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 1,956 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 56 ARTHUR AVE S E MINNEAPOLIS MN 55414 | 56 ARTHUR LLC | RESIDENTIAL | $503,200 | 42 ft |
| 44 ARTHUR AVE S E MINNEAPOLIS MN 55414 | MATTHEW EUGENE BERVEN & WIFE | RESIDENTIAL | $483,000 | 61 ft |
| 38 ARTHUR AVE S E MINNEAPOLIS MN 55414 | MICHAEL R LEONARD | RESIDENTIAL-TWO UNIT | $514,800 | 77 ft |
| 60 ARTHUR AVE S E MINNEAPOLIS MN 55414 | JEFFREY C HANNAY | RESIDENTIAL | $567,000 | 92 ft |
| 34 ARTHUR AVE S E MINNEAPOLIS MN 55414 | ROBYN F PETERSON | RESIDENTIAL | $303,200 | 120 ft |
| 55 WILLIAMS AVE SE MINNEAPOLIS MN 55414 | HSR MSP LLC | RESIDENTIAL-TWO UNIT | $432,300 | 135 ft |
| 49 WILLIAMS AVE SE MINNEAPOLIS MN 55414 | MARY LEE SLETTEHAUGH ET AL | RESIDENTIAL | $437,000 | 141 ft |
| 59 WILLIAMS AVE SE MINNEAPOLIS MN 55414 | F FURQUIM & R FARRIS | RESIDENTIAL | $391,300 | 152 ft |
| 64 ARTHUR AVE S E MINNEAPOLIS MN 55414 | ARUNIMA SHINEY-AJAY | RESIDENTIAL | $378,000 | 154 ft |
| 30 ARTHUR AVE S E MINNEAPOLIS MN 55414 | BZ PROPERTIES LLC | APARTMENT | $1,105,000 | 167 ft |
Most Recent Sale
Current Tax Year