ParcelLens
Property Intelligence · Twin Cities
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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.
7 permits on record since 2017 · $25K total declared value · Most recent: May 2026 (misc)
PATES INC
PATES INC
HomeWorks Services LLC
Urban Pine Plumbing and Mechanical Inc
WINDOW WORLD
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 8,585 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1821 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | DIANE QUINLAN NOBLE | CONDOMINIUM | $285,000 | 0 ft |
| 1825 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | MEGHAN ESKOLIN | CONDOMINIUM | $288,000 | 0 ft |
| 1827 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | NELSON LIVING TRUST | CONDOMINIUM | $319,000 | 0 ft |
| MN | Unknown | — | — | 0 ft |
| 1817 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | LAURA SHANNON & PAUL MCGUIRK | RESIDENTIAL | $395,500 | 74 ft |
| 1829 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | C I CLARKE & S M R HVIDSTEN | RESIDENTIAL-TWO UNIT | $529,300 | 75 ft |
| 1833 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | J E CUSHING & C T KIETZER | RESIDENTIAL | $528,400 | 122 ft |
| 1815 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | J E MACKENZIE & D G CROSS | RESIDENTIAL | $332,100 | 124 ft |
| 117 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | MARY T JEDDELOH | RESIDENTIAL | $425,000 | 148 ft |
| 123 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | MADELEINE KOSKI | RESIDENTIAL | $485,000 | 153 ft |
Most Recent Sale
Current Tax Year