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 2023 · $8K total declared value · Most recent: Feb 2024 (res)
CenterPoint Energy Resource Corp
Divya Karan
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 5,670 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 70 ARTHUR AVE S E MINNEAPOLIS MN 55414 | G L BERNSTEIN & R K SCHOW | RESIDENTIAL | $810,000 | 53 ft |
| 60 ARTHUR AVE S E MINNEAPOLIS MN 55414 | JEFFREY C HANNAY | RESIDENTIAL | $567,000 | 67 ft |
| 59 WILLIAMS AVE SE MINNEAPOLIS MN 55414 | F FURQUIM & R FARRIS | RESIDENTIAL | $391,300 | 76 ft |
| 72 ARTHUR AVE S E MINNEAPOLIS MN 55414 | DOUGLAS S & SANDRA VIGOREN | RESIDENTIAL-TWO UNIT | $584,600 | 100 ft |
| 56 ARTHUR AVE S E MINNEAPOLIS MN 55414 | 56 ARTHUR LLC | RESIDENTIAL | $503,200 | 112 ft |
| 55 WILLIAMS AVE SE MINNEAPOLIS MN 55414 | HSR MSP LLC | RESIDENTIAL-TWO UNIT | $432,300 | 117 ft |
| 50 ARTHUR AVE S E MINNEAPOLIS MN 55414 | KYLE C RATH & MEIGAN J RATH | RESIDENTIAL-TWO UNIT | $500,800 | 154 ft |
| 49 WILLIAMS AVE SE MINNEAPOLIS MN 55414 | MARY LEE SLETTEHAUGH ET AL | RESIDENTIAL | $437,000 | 166 ft |
| 80 ARTHUR AVE S E MINNEAPOLIS MN 55414 | JEFFREY A GOTTLIEB ET AL | RESIDENTIAL | $525,000 | 180 ft |
| 49 ARTHUR AVE S E MINNEAPOLIS MN 55414 | CATHERINE A FITCH | RESIDENTIAL | $501,000 | 184 ft |
Most Recent Sale
Current Tax Year