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.
1 permit on record since 2019 · $16K total declared value · Most recent: Apr 2019 (misc)
LINDUS 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 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 2,275 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 151 MALCOLM AVE S E MINNEAPOLIS MN 55414 | STACY ALLEN COFFIN TRUST | RESIDENTIAL-TWO UNIT | $479,400 | 50 ft |
| 159 MALCOLM AVE S E MINNEAPOLIS MN 55414 | L OUELLETTE-HOWITZ & J TAO | RESIDENTIAL | $352,800 | 66 ft |
| 36 BARTON AVE S E MINNEAPOLIS MN 55414 | UTA WOLFE | RESIDENTIAL | $329,500 | 71 ft |
| 145 MALCOLM AVE S E MINNEAPOLIS MN 55414 | LOIS C WILLAND REV TRUST | RESIDENTIAL | $458,100 | 98 ft |
| 30 BARTON AVE S E MINNEAPOLIS MN 55414 | LINDA A BERGMAN | RESIDENTIAL | $769,000 | 117 ft |
| 165 MALCOLM AVE S E MINNEAPOLIS MN 55414 | MICHAEL D LEVITT TRUST | RESIDENTIAL | $410,300 | 127 ft |
| 38 BARTON AVE S E MINNEAPOLIS MN 55414 | JEANNE E SIELAFF | RESIDENTIAL | $512,600 | 136 ft |
| 22 BARTON AVE S E MINNEAPOLIS MN 55414 | WENDY W FOKER | RESIDENTIAL | $523,100 | 148 ft |
| 40 BARTON AVE S E MINNEAPOLIS MN 55414 | ANDREW SVEEN & KAIA JOHNSON | RESIDENTIAL | $783,500 | 163 ft |
| 150 MALCOLM AVE S E MINNEAPOLIS MN 55414 | JANET C LEVITT | RESIDENTIAL | $945,000 | 164 ft |
Most Recent Sale
Current Tax Year