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 2019 · Most recent: Apr 2022 (res)
CenterPoint Energy Resource Corp
BURNOMATIC
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 sfr / adu benchmarks for 1,016 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 33 ARTHUR AVE S E MINNEAPOLIS MN 55414 | QUINLAN A MILLER | RESIDENTIAL | $352,000 | 58 ft |
| 12 ORLIN AVE S E MINNEAPOLIS MN 55414 | P TEIGLAND & K GALLAGHER | RESIDENTIAL | $630,000 | 64 ft |
| 37 ARTHUR AVE S E MINNEAPOLIS MN 55414 | J P NASSIF & S J NASSIF | RESIDENTIAL | $470,400 | 108 ft |
| 16 ORLIN AVE S E MINNEAPOLIS MN 55414 | WENDY S LOOMAN | RESIDENTIAL-TWO UNIT | $504,200 | 117 ft |
| 84 MALCOLM AVE S E MINNEAPOLIS MN 55414 | JON R WOLLES & PETER BARILE | RESIDENTIAL | $471,000 | 119 ft |
| 90 MALCOLM AVE S E MINNEAPOLIS MN 55414 | FRANK BERGMAN PROPERTIES LLC | APARTMENT | $552,000 | 140 ft |
| 41 ARTHUR AVE S E MINNEAPOLIS MN 55414 | CHARLES SEATON MCCLELLAN | RESIDENTIAL | $419,900 | 154 ft |
| 5 ORLIN AVE S E MINNEAPOLIS MN 55414 | BENJAMIN W NEWBY | RESIDENTIAL | $311,800 | 155 ft |
| 44 ARTHUR AVE S E MINNEAPOLIS MN 55414 | MATTHEW EUGENE BERVEN & WIFE | RESIDENTIAL | $483,000 | 160 ft |
| 80 MALCOLM AVE S E MINNEAPOLIS MN 55414 | LORRAINE M SCHLETTY | RESIDENTIAL | $433,000 | 167 ft |
Most Recent Sale
Current Tax Year