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.
1 permit on record since 2025 · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
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 6,181 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 59 BARTON AVE S E MINNEAPOLIS MN 55414 | CARDINAL PROPERTIES III LLC | RESIDENTIAL | $792,000 | 61 ft |
| 67 BARTON AVE S E MINNEAPOLIS MN 55414 | HANS C & JACQUELINE V HODNE | RESIDENTIAL-TWO UNIT | $595,200 | 65 ft |
| 71 BARTON AVE S E MINNEAPOLIS MN 55414 | HANS C P JACQUELINE V HODNE | VACANT LAND-RESIDENTIAL | $229,000 | 113 ft |
| 51 BARTON AVE S E MINNEAPOLIS MN 55414 | J STEIN & M BRADEN-STEIN | RESIDENTIAL | $530,200 | 121 ft |
| 86 SEYMOUR AVE S E MINNEAPOLIS MN 55414 | J R PASSE & A S PASSE | RESIDENTIAL | $723,000 | 162 ft |
| 80 SEYMOUR AVE S E MINNEAPOLIS MN 55414 | B J FLANAGAN & L M SUITS | RESIDENTIAL | $606,300 | 165 ft |
| 75 BARTON AVE S E MINNEAPOLIS MN 55414 | SCHULTE-SASSE REV LIVING TR | RESIDENTIAL-TWO UNIT | $653,000 | 181 ft |
| 90 SEYMOUR AVE S E MINNEAPOLIS MN 55414 | NANCY L HAMMOND | RESIDENTIAL | $556,900 | 184 ft |
| 66 BARTON AVE S E MINNEAPOLIS MN 55414 | JOHN VICTOR POLITSCH | RESIDENTIAL | $522,500 | 198 ft |
| 45 BARTON AVE S E MINNEAPOLIS MN 55414 | J M OUELLETTE & J W ZURN | RESIDENTIAL | $754,200 | 198 ft |
Current Tax Year