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.
1 permit on record since 2024 · Most recent: Feb 2024 (res)
CenterPoint Energy Resource Corp
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 1049.02
Zip code 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
Urban Neighborhood 2 — moderate-density residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 1,441 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 152 ARTHUR AVE S E MINNEAPOLIS MN 55414 | RACHEL F M SCHNOBRICH | RESIDENTIAL | $519,000 | 43 ft |
| 157 WILLIAMS AVE SE MINNEAPOLIS MN 55414 | NATHANIEL BIRD | RESIDENTIAL | $380,000 | 84 ft |
| 156 ARTHUR AVE S E MINNEAPOLIS MN 55414 | RICHARD HENRY PFUTZENREUTER | RESIDENTIAL | $464,200 | 100 ft |
| 161 WILLIAMS AVE SE MINNEAPOLIS MN 55414 | T & M WALSH | RESIDENTIAL | $584,300 | 139 ft |
| 117 ARTHUR AVE S E MINNEAPOLIS MN 55414 | ALEXANDER OLSEN | RESIDENTIAL | $440,000 | 145 ft |
| 160 ARTHUR AVE S E MINNEAPOLIS MN 55414 | ANNALEE GRAY | RESIDENTIAL | $497,200 | 149 ft |
| 138 ARTHUR AVE S E MINNEAPOLIS MN 55414 | ALISON S KATAGIRI | RESIDENTIAL | $263,300 | 151 ft |
| 142 ARTHUR PL S E MINNEAPOLIS MN 55414 | TOMOE KATAGIRI | RESIDENTIAL | $271,900 | 163 ft |
| 111 ARTHUR AVE S E MINNEAPOLIS MN 55414 | DEBRA ANN HLAVKA | RESIDENTIAL | $550,800 | 187 ft |
| 165 WILLIAMS AVE SE MINNEAPOLIS MN 55414 | T & M WALSH | VACANT LAND-RESIDENTIAL | $103,000 | 187 ft |
Most Recent Sale
Current Tax Year