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.
5 permits on record since 2023 · $7K total declared value · Most recent: Jan 2026 (existres)
Aaztec Heating and Air Conditioning Inc
Trenk Mechanical LLC
Summit Construction Group
Weld and Sons Plumbing Inc
Norblom Plumbing Co
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 3,693 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 70 SEYMOUR AVE S E MINNEAPOLIS MN 55414 | ERIN N DENNIS | RESIDENTIAL | $711,600 | 73 ft |
| 80 SEYMOUR AVE S E MINNEAPOLIS MN 55414 | B J FLANAGAN & L M SUITS | RESIDENTIAL | $606,300 | 86 ft |
| 45 BARTON AVE S E MINNEAPOLIS MN 55414 | J M OUELLETTE & J W ZURN | RESIDENTIAL | $754,200 | 125 ft |
| 39 BARTON AVE S E MINNEAPOLIS MN 55414 | WILLIAM J MELAND | RESIDENTIAL | $498,900 | 130 ft |
| 51 BARTON AVE S E MINNEAPOLIS MN 55414 | J STEIN & M BRADEN-STEIN | RESIDENTIAL | $530,200 | 144 ft |
| 35 BARTON AVE S E MINNEAPOLIS MN 55414 | NAME UNAVAILABLE | RESIDENTIAL | $576,900 | 160 ft |
| 66 SEYMOUR AVE S E MINNEAPOLIS MN 55414 | T ADERINKOMI & H ADERINKOMI | RESIDENTIAL | $975,000 | 168 ft |
| 86 SEYMOUR AVE S E MINNEAPOLIS MN 55414 | J R PASSE & A S PASSE | RESIDENTIAL | $723,000 | 171 ft |
| 59 SEYMOUR AVE S E MINNEAPOLIS MN 55414 | WILLIAM CHRISTOPHER WATKINS | RESIDENTIAL | $633,000 | 177 ft |
| 59 BARTON AVE S E MINNEAPOLIS MN 55414 | CARDINAL PROPERTIES III LLC | RESIDENTIAL | $792,000 | 181 ft |
Most Recent Sale
Current Tax Year