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.
2 permits on record since 2019 · $8K total declared value · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
CHRIS MANGROO 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
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 2,001 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 14 SIDNEY PL MINNEAPOLIS MN 55414 | S C C MAGDALENE & C T BETZ | RESIDENTIAL | $283,100 | 51 ft |
| 5 ORLIN AVE S E MINNEAPOLIS MN 55414 | BENJAMIN W NEWBY | RESIDENTIAL | $311,800 | 95 ft |
| 10 SIDNEY PL MINNEAPOLIS MN 55414 | RICHARD CRAIG LINES ET AL | RESIDENTIAL-TWO UNIT | $546,200 | 100 ft |
| 1 ORLIN AVE S E MINNEAPOLIS MN 55414 | KSF REVOCABLE TRUST | RESIDENTIAL | $777,200 | 109 ft |
| 19 SIDNEY PL MINNEAPOLIS MN 55414 | 19 SIDNEY LLC | RESIDENTIAL-TWO UNIT | $412,000 | 154 ft |
| 19 ARTHUR AVE S E MINNEAPOLIS MN 55414 | L&R PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $477,700 | 165 ft |
| 25 SIDNEY PL MINNEAPOLIS MN 55414 | B E KLINE & L A GOLDMAN | APARTMENT | $883,000 | 168 ft |
| 15 ARTHUR AVE S E MINNEAPOLIS MN 55414 | 15 ARTHUR AVE MN LLC | RESIDENTIAL-TWO UNIT | $484,200 | 170 ft |
| 66 MALCOLM AVE S E MINNEAPOLIS MN 55414 | SCHOOL DIST NO 1 | COMMERCIAL-PREFERRED | $0 | 181 ft |
| 31 SIDNEY PL MINNEAPOLIS MN 55414 | GARY C GUSTAVSON TRUST | RESIDENTIAL-TWO UNIT | $477,500 | 210 ft |
Most Recent Sale
Current Tax Year