ParcelLens
Property Intelligence · Twin Cities
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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 2025 · $16K total declared value · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
BRAD SCOTT CONSTRUCTION
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
Setbacks
Estimated Buildable Footprint
Lot dimensions are insufficient for the standard setbacks shown.
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 1,875 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 159 ARTHUR AVE S E MINNEAPOLIS MN 55414 | MATTHEW LEE KRAFT | RESIDENTIAL-TWO UNIT | $804,800 | 50 ft |
| 150 MALCOLM AVE S E MINNEAPOLIS MN 55414 | JANET C LEVITT | RESIDENTIAL | $945,000 | 80 ft |
| 170 MALCOLM AVE S E MINNEAPOLIS MN 55414 | HOLTMAN REVOCABLE LIVING TR | RESIDENTIAL | $641,400 | 104 ft |
| 167 ARTHUR AVE S E MINNEAPOLIS MN 55414 | PATRICIA J MURPHY | RESIDENTIAL | $437,900 | 142 ft |
| 174 MALCOLM AVE S E MINNEAPOLIS MN 55414 | JANICE C MICHEL | RESIDENTIAL | $450,300 | 150 ft |
| 165 MALCOLM AVE S E MINNEAPOLIS MN 55414 | MICHAEL D LEVITT TRUST | RESIDENTIAL | $410,300 | 165 ft |
| 164 ARTHUR AVE S E MINNEAPOLIS MN 55414 | ERIC K JAEDE ETAL TRUSTEES | RESIDENTIAL | $521,300 | 171 ft |
| 159 MALCOLM AVE S E MINNEAPOLIS MN 55414 | L OUELLETTE-HOWITZ & J TAO | RESIDENTIAL | $352,800 | 171 ft |
| 169 MALCOLM AVE S E MINNEAPOLIS MN 55414 | NANCY KAY KARI | RESIDENTIAL | $571,700 | 193 ft |
| 171 ARTHUR AVE S E MINNEAPOLIS MN 55414 | ARTHUR MANAGEMENT LLC | RESIDENTIAL | $416,600 | 198 ft |
Most Recent Sale
Current Tax Year