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.
8 permits on record since 2018 · $53K total declared value · Most recent: Dec 2025 (existres)
Farr Plumbing and Heating LLC
CenterPoint Energy Resource Corp
FIRESIDE HEARTH AND HOME
BLUE PRAIRIE CABINETRY AND RENOVATING LLC
Farr Plumbing and Heating LLC
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 2,400 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 65 ARTHUR AVE S E MINNEAPOLIS MN 55414 | A & J HAVLINA-MADSEN | RESIDENTIAL | $380,000 | 50 ft |
| 57 ARTHUR AVE S E MINNEAPOLIS MN 55414 | L J SORBO & H STEBLAY | RESIDENTIAL | $438,400 | 50 ft |
| 69 ARTHUR AVE S E MINNEAPOLIS MN 55414 | KENNETH R HAMPTON ETAL | RESIDENTIAL | $520,600 | 100 ft |
| 53 ARTHUR AVE S E MINNEAPOLIS MN 55414 | WEI ZHENG | RESIDENTIAL | $358,000 | 100 ft |
| 110 MALCOLM AVE S E MINNEAPOLIS MN 55414 | L K B PETERSON & D BARNHILL | RESIDENTIAL-TWO UNIT | $829,400 | 101 ft |
| 104 MALCOLM AVE S E MINNEAPOLIS MN 55414 | J COLLINS & G HOLLERICH | RESIDENTIAL | $523,000 | 141 ft |
| 73 ARTHUR AVE S E MINNEAPOLIS MN 55414 | K SKAIFE & B SMITH | RESIDENTIAL | $536,100 | 150 ft |
| 49 ARTHUR AVE S E MINNEAPOLIS MN 55414 | CATHERINE A FITCH | RESIDENTIAL | $501,000 | 151 ft |
| 80 ARTHUR AVE S E MINNEAPOLIS MN 55414 | JEFFREY A GOTTLIEB ET AL | RESIDENTIAL | $525,000 | 180 ft |
| 100 MALCOLM AVE S E MINNEAPOLIS MN 55414 | M J LEGRIS & G M SIRC | RESIDENTIAL | $378,000 | 182 ft |
Most Recent Sale
Current Tax Year