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.
No permits found in Minneapolis open data for this parcel.
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 5,022 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 72 ARTHUR AVE S E MINNEAPOLIS MN 55414 | DOUGLAS S & SANDRA VIGOREN | RESIDENTIAL-TWO UNIT | $584,600 | 48 ft |
| 64 ARTHUR AVE S E MINNEAPOLIS MN 55414 | ARUNIMA SHINEY-AJAY | RESIDENTIAL | $378,000 | 53 ft |
| 59 WILLIAMS AVE SE MINNEAPOLIS MN 55414 | F FURQUIM & R FARRIS | RESIDENTIAL | $391,300 | 101 ft |
| 60 ARTHUR AVE S E MINNEAPOLIS MN 55414 | JEFFREY C HANNAY | RESIDENTIAL | $567,000 | 119 ft |
| 80 ARTHUR AVE S E MINNEAPOLIS MN 55414 | JEFFREY A GOTTLIEB ET AL | RESIDENTIAL | $525,000 | 128 ft |
| 55 WILLIAMS AVE SE MINNEAPOLIS MN 55414 | HSR MSP LLC | RESIDENTIAL-TWO UNIT | $432,300 | 150 ft |
| 56 ARTHUR AVE S E MINNEAPOLIS MN 55414 | 56 ARTHUR LLC | RESIDENTIAL | $503,200 | 165 ft |
| 53 ARTHUR AVE S E MINNEAPOLIS MN 55414 | WEI ZHENG | RESIDENTIAL | $358,000 | 192 ft |
| 86 ARTHUR AVE S E MINNEAPOLIS MN 55414 | JENNIFER R MICHLITSCH ET AL | RESIDENTIAL | $618,500 | 198 ft |
| 49 ARTHUR AVE S E MINNEAPOLIS MN 55414 | CATHERINE A FITCH | RESIDENTIAL | $501,000 | 198 ft |
Most Recent Sale
Current Tax Year