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.
10 permits on record since 2018 · $43K total declared value · Most recent: May 2024 (existres)
Ideal Air LLC
Pipe and Water Plumbing LLC
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
Ideal Air 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
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 sfr / adu benchmarks for 534 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 19 ARTHUR AVE S E MINNEAPOLIS MN 55414 | L&R PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $477,700 | 61 ft |
| 10 SIDNEY PL MINNEAPOLIS MN 55414 | RICHARD CRAIG LINES ET AL | RESIDENTIAL-TWO UNIT | $546,200 | 73 ft |
| 14 SIDNEY PL MINNEAPOLIS MN 55414 | S C C MAGDALENE & C T BETZ | RESIDENTIAL | $283,100 | 120 ft |
| 1 ORLIN AVE S E MINNEAPOLIS MN 55414 | KSF REVOCABLE TRUST | RESIDENTIAL | $777,200 | 142 ft |
| 20 SIDNEY PL MINNEAPOLIS MN 55414 | KATHRYN E KAHN REV TRUST | RESIDENTIAL | $316,900 | 170 ft |
| 3000 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | TEXTILE CENTER OF MINN | COMMERCIAL-PREFERRED | $0 | 181 ft |
| 3008 UNIVERSITY AVE S E MINNEAPOLIS MN 55414 | KHAN & KHAN LLP | COMMERCIAL-PREFERRED | $1,070,000 | 185 ft |
| 26 ARTHUR AVE S E MINNEAPOLIS MN 55414 | CAROLINE KARANJA | CONDOMINIUM | $108,000 | 187 ft |
| 26 ARTHUR AVE S E MINNEAPOLIS MN 55414 | XIN ZHOU | CONDOMINIUM | $162,000 | 187 ft |
| 26 ARTHUR AVE S E MINNEAPOLIS MN 55414 | V J LEHNER & D B LEHNER | CONDOMINIUM | $162,000 | 187 ft |
Most Recent Sale
Current Tax Year