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.
5 permits on record since 2008 · $86K total declared value · Most recent: Mar 2026 (misc)
LINDUS CONSTRUCTION
CenterPoint Energy Resource Corp
Warners Stellian Co Inc
NEXGEN EXTERIORS INC
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 6,957 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 145 MALCOLM AVE S E MINNEAPOLIS MN 55414 | LOIS C WILLAND REV TRUST | RESIDENTIAL | $458,100 | 72 ft |
| 133 MALCOLM AVE S E MINNEAPOLIS MN 55414 | P B & A W ANDERSON | RESIDENTIAL | $412,100 | 77 ft |
| 10 BARTON AVE S E MINNEAPOLIS MN 55414 | THOMAS A BURNS | RESIDENTIAL-TWO UNIT | $515,000 | 111 ft |
| 151 MALCOLM AVE S E MINNEAPOLIS MN 55414 | STACY ALLEN COFFIN TRUST | RESIDENTIAL-TWO UNIT | $479,400 | 119 ft |
| 18 BARTON AVE S E MINNEAPOLIS MN 55414 | J & R SHOCKLEY | RESIDENTIAL | $585,700 | 121 ft |
| 127 MALCOLM AVE S E MINNEAPOLIS MN 55414 | J CARLSON & M BERGER | RESIDENTIAL | $426,900 | 127 ft |
| 22 BARTON AVE S E MINNEAPOLIS MN 55414 | WENDY W FOKER | RESIDENTIAL | $523,100 | 139 ft |
| 6 BARTON AVE S E MINNEAPOLIS MN 55414 | LINDA A BERGMAN | APARTMENT | $555,000 | 140 ft |
| 148 MALCOLM AVE S E MINNEAPOLIS MN 55414 | ROXANNE D BUTLER REVOC TRUST | RESIDENTIAL | $488,200 | 158 ft |
| 155 MALCOLM AVE S E MINNEAPOLIS MN 55414 | S E HILL & T C HILL | RESIDENTIAL-TWO UNIT | $461,100 | 168 ft |
Most Recent Sale
Current Tax Year