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 2002 · $196K total declared value · Most recent: Feb 2024 (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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 4,787 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 5 ORLIN AVE S E MINNEAPOLIS MN 55414 | BENJAMIN W NEWBY | RESIDENTIAL | $311,800 | 69 ft |
| 10 SIDNEY PL MINNEAPOLIS MN 55414 | RICHARD CRAIG LINES ET AL | RESIDENTIAL-TWO UNIT | $546,200 | 85 ft |
| 19 ARTHUR AVE S E MINNEAPOLIS MN 55414 | L&R PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $477,700 | 98 ft |
| 14 SIDNEY PL MINNEAPOLIS MN 55414 | S C C MAGDALENE & C T BETZ | RESIDENTIAL | $283,100 | 99 ft |
| 20 SIDNEY PL MINNEAPOLIS MN 55414 | KATHRYN E KAHN REV TRUST | RESIDENTIAL | $316,900 | 109 ft |
| 15 ARTHUR AVE S E MINNEAPOLIS MN 55414 | 15 ARTHUR AVE MN LLC | RESIDENTIAL-TWO UNIT | $484,200 | 142 ft |
| 31 ARTHUR AVE S E MINNEAPOLIS MN 55414 | C PETERSON/LISA K B PETERSON | RESIDENTIAL | $458,100 | 169 ft |
| 44 ARTHUR AVE S E MINNEAPOLIS MN 55414 | MATTHEW EUGENE BERVEN & WIFE | RESIDENTIAL | $483,000 | 182 ft |
| 38 ARTHUR AVE S E MINNEAPOLIS MN 55414 | MICHAEL R LEONARD | RESIDENTIAL-TWO UNIT | $514,800 | 195 ft |
| 12 ORLIN AVE S E MINNEAPOLIS MN 55414 | P TEIGLAND & K GALLAGHER | RESIDENTIAL | $630,000 | 201 ft |
Current Tax Year