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.
4 permits on record since 2017 · Most recent: Jan 2026 (res)
Water Heaters Now Inc
CenterPoint Energy Resource Corp
BOEHM HEATING
DUCTWORKS HEATING AND AIR CONDITIONING LLC
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 3,535 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 120 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | THOMAS J RABIOLA | RESIDENTIAL-TWO UNIT | $533,300 | 50 ft |
| 83 BARTON AVE S E MINNEAPOLIS MN 55414 | N NOVAK & E FORSGREN | RESIDENTIAL | $393,000 | 54 ft |
| 114 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | J P SANDBERG & R H MAKINEN | RESIDENTIAL-TWO UNIT | $594,000 | 100 ft |
| 75 BARTON AVE S E MINNEAPOLIS MN 55414 | SCHULTE-SASSE REV LIVING TR | RESIDENTIAL-TWO UNIT | $653,000 | 122 ft |
| 110 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | M SUEMNICK & G MOSKAL | RESIDENTIAL | $499,500 | 150 ft |
| 136 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | D J MCAULIFFE/R E MCAULIFFE | RESIDENTIAL-TWO UNIT | $580,600 | 163 ft |
| 71 BARTON AVE S E MINNEAPOLIS MN 55414 | HANS C P JACQUELINE V HODNE | VACANT LAND-RESIDENTIAL | $229,000 | 190 ft |
| 129 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | CAROLYN S PITTMAN | RESIDENTIAL-TWO UNIT | $587,100 | 191 ft |
| 123 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | MADELEINE KOSKI | RESIDENTIAL | $485,000 | 192 ft |
| 120 SEYMOUR AVE S E MINNEAPOLIS MN 55414 | S M SABRI & Z SABRI TRUSTEES | RESIDENTIAL | $480,000 | 198 ft |
Most Recent Sale
Current Tax Year