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.
3 permits on record since 2018 · $6K total declared value · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
KRAFTMASTERS RESTORATION
BONFES PLUMBING HEATING AND AIR SERVICE 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 2,427 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 32 ORLIN AVE S E MINNEAPOLIS MN 55414 | M P MARATSOS & M A CHALKLEY | RESIDENTIAL | $745,000 | 55 ft |
| 22 ORLIN AVE S E MINNEAPOLIS MN 55414 | PROSPECT PARK UNITED METH | COMMERCIAL-PREFERRED | $0 | 68 ft |
| 36 ORLIN AVE S E MINNEAPOLIS MN 55414 | TIMOTHY L SAWYER LIVING TR | RESIDENTIAL | $721,200 | 123 ft |
| 95 MALCOLM AVE S E MINNEAPOLIS MN 55414 | R C HAMPTON & D S SZEWCZAK | RESIDENTIAL | $605,000 | 138 ft |
| 80 MALCOLM AVE S E MINNEAPOLIS MN 55414 | LORRAINE M SCHLETTY | RESIDENTIAL | $433,000 | 198 ft |
| 52 SEYMOUR AVE S E MINNEAPOLIS MN 55414 | S MORRISON/A E H MORRISON | RESIDENTIAL | $556,000 | 201 ft |
| 19 BARTON AVE S E MINNEAPOLIS MN 55414 | V MOLL & C R MURDOCK | RESIDENTIAL-TWO UNIT | $911,400 | 211 ft |
| 7 BARTON AVE S E MINNEAPOLIS MN 55414 | LINDA A BERGMAN | APARTMENT | $552,000 | 225 ft |
| 3 BARTON AVE S E MINNEAPOLIS MN 55414 | ZACHARY ROBB | TRIPLEX | $555,200 | 227 ft |
| 13 BARTON AVE S E MINNEAPOLIS MN 55414 | LINDA A BERGMAN | APARTMENT | $552,000 | 233 ft |
Most Recent Sale
Current Tax Year