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 2022 · $5K total declared value · Most recent: Feb 2024 (res)
CenterPoint Energy Resource Corp
RONCOR CONSTRUCTION INC
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 5,026 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 107 ARTHUR AVE S E MINNEAPOLIS MN 55414 | PATRICIA YOEDICKE | RESIDENTIAL | $570,200 | 55 ft |
| 97 ARTHUR AVE S E MINNEAPOLIS MN 55414 | RICHARD E POPPELE | RESIDENTIAL | $492,300 | 55 ft |
| 91 ARTHUR AVE S E MINNEAPOLIS MN 55414 | J OBERLY & L MERRIAM TRUST | RESIDENTIAL | $624,400 | 108 ft |
| 111 ARTHUR AVE S E MINNEAPOLIS MN 55414 | DEBRA ANN HLAVKA | RESIDENTIAL | $550,800 | 120 ft |
| 129 ARTHUR AVE S E MINNEAPOLIS MN 55414 | VALERIE FERRIS | RESIDENTIAL-TWO UNIT | $408,400 | 143 ft |
| 120 MALCOLM AVE S E MINNEAPOLIS MN 55414 | PAR K & BETH A LJUNGSTROM | RESIDENTIAL-TWO UNIT | $784,500 | 152 ft |
| 133 ARTHUR AVE S E MINNEAPOLIS MN 55414 | CHRISTOPHER ROBIN ZIMMERMAN | RESIDENTIAL | $407,100 | 154 ft |
| 126 MALCOLM AVE S E MINNEAPOLIS MN 55414 | F L BARRETT-BIANCO REV LV TR | RESIDENTIAL | $506,600 | 159 ft |
| 117 ARTHUR AVE S E MINNEAPOLIS MN 55414 | ALEXANDER OLSEN | RESIDENTIAL | $440,000 | 167 ft |
| 116 MALCOLM AVE S E MINNEAPOLIS MN 55414 | HELENA D KRIEL | RESIDENTIAL | $589,000 | 170 ft |
Most Recent Sale
Current Tax Year