ParcelLens
Property Intelligence · Twin Cities
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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 2022 · $8K total declared value · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
Craig W Peterson
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 12,942 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 116 MALCOLM AVE S E MINNEAPOLIS MN 55414 | HELENA D KRIEL | RESIDENTIAL | $589,000 | 95 ft |
| 63 ARTHUR AVE S E MINNEAPOLIS MN 55414 | M G SIMPSON & M C HAYNER | RESIDENTIAL | $509,500 | 101 ft |
| 65 ARTHUR AVE S E MINNEAPOLIS MN 55414 | A & J HAVLINA-MADSEN | RESIDENTIAL | $380,000 | 104 ft |
| 57 ARTHUR AVE S E MINNEAPOLIS MN 55414 | L J SORBO & H STEBLAY | RESIDENTIAL | $438,400 | 121 ft |
| 104 MALCOLM AVE S E MINNEAPOLIS MN 55414 | J COLLINS & G HOLLERICH | RESIDENTIAL | $523,000 | 122 ft |
| 69 ARTHUR AVE S E MINNEAPOLIS MN 55414 | KENNETH R HAMPTON ETAL | RESIDENTIAL | $520,600 | 127 ft |
| 120 MALCOLM AVE S E MINNEAPOLIS MN 55414 | PAR K & BETH A LJUNGSTROM | RESIDENTIAL-TWO UNIT | $784,500 | 156 ft |
| 53 ARTHUR AVE S E MINNEAPOLIS MN 55414 | WEI ZHENG | RESIDENTIAL | $358,000 | 156 ft |
| 73 ARTHUR AVE S E MINNEAPOLIS MN 55414 | K SKAIFE & B SMITH | RESIDENTIAL | $536,100 | 158 ft |
| 121 MALCOLM AVE S E MINNEAPOLIS MN 55414 | DAVID GOLDES/SHERYL MOUSLEY | RESIDENTIAL | $451,100 | 166 ft |
Current Tax Year