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 · $8K total declared value · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
GARLOCK FRENCH ROOFING
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 6,091 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 22 BARTON AVE S E MINNEAPOLIS MN 55414 | WENDY W FOKER | RESIDENTIAL | $523,100 | 66 ft |
| 38 BARTON AVE S E MINNEAPOLIS MN 55414 | JEANNE E SIELAFF | RESIDENTIAL | $512,600 | 76 ft |
| 36 BARTON AVE S E MINNEAPOLIS MN 55414 | UTA WOLFE | RESIDENTIAL | $329,500 | 104 ft |
| 155 MALCOLM AVE S E MINNEAPOLIS MN 55414 | S E HILL & T C HILL | RESIDENTIAL-TWO UNIT | $461,100 | 117 ft |
| 18 BARTON AVE S E MINNEAPOLIS MN 55414 | J & R SHOCKLEY | RESIDENTIAL | $585,700 | 124 ft |
| 151 MALCOLM AVE S E MINNEAPOLIS MN 55414 | STACY ALLEN COFFIN TRUST | RESIDENTIAL-TWO UNIT | $479,400 | 127 ft |
| 40 BARTON AVE S E MINNEAPOLIS MN 55414 | ANDREW SVEEN & KAIA JOHNSON | RESIDENTIAL | $783,500 | 145 ft |
| 145 MALCOLM AVE S E MINNEAPOLIS MN 55414 | LOIS C WILLAND REV TRUST | RESIDENTIAL | $458,100 | 147 ft |
| 159 MALCOLM AVE S E MINNEAPOLIS MN 55414 | L OUELLETTE-HOWITZ & J TAO | RESIDENTIAL | $352,800 | 150 ft |
| 135 MALCOLM AVE S E MINNEAPOLIS MN 55414 | A DREW & M POLLARD | RESIDENTIAL | $733,000 | 183 ft |
Current Tax Year