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.
7 permits on record since 2018 · $30K total declared value · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
Aaztec Heating and Air Conditioning Inc
STAFFORD HOME SERVICE
Nina Ebbighausen
ADVANCED BUILDERS OF HOPKINS
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 3,349 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 169 MALCOLM AVE S E MINNEAPOLIS MN 55414 | NANCY KAY KARI | RESIDENTIAL | $571,700 | 61 ft |
| 179 MALCOLM AVE S E MINNEAPOLIS MN 55414 | J M GARBARINI & E T CARL | RESIDENTIAL | $582,000 | 63 ft |
| 50 BARTON AVE S E MINNEAPOLIS MN 55414 | GILBERT G AHLSTRAND | RESIDENTIAL | $434,900 | 114 ft |
| 165 MALCOLM AVE S E MINNEAPOLIS MN 55414 | MICHAEL D LEVITT TRUST | RESIDENTIAL | $410,300 | 119 ft |
| 183 MALCOLM AVE S E MINNEAPOLIS MN 55414 | T G CREEL & C M ALLMANN | RESIDENTIAL | $430,300 | 120 ft |
| 46 BARTON AVE S E MINNEAPOLIS MN 55414 | AMY WOLDT & RYAN WOLDT | RESIDENTIAL | $626,000 | 130 ft |
| 64 BARTON AVE S E MINNEAPOLIS MN 55414 | PAUL CAROLAN | RESIDENTIAL | $719,000 | 150 ft |
| 40 BARTON AVE S E MINNEAPOLIS MN 55414 | ANDREW SVEEN & KAIA JOHNSON | RESIDENTIAL | $783,500 | 154 ft |
| 170 MALCOLM AVE S E MINNEAPOLIS MN 55414 | HOLTMAN REVOCABLE LIVING TR | RESIDENTIAL | $641,400 | 163 ft |
| 174 MALCOLM AVE S E MINNEAPOLIS MN 55414 | JANICE C MICHEL | RESIDENTIAL | $450,300 | 167 ft |
Most Recent Sale
Current Tax Year