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.
2 permits on record since 2004 · $261K total declared value · Most recent: Feb 2025 (misc)
CRAFTSMEN HOME IMPROVEMENT 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 1049.02
Zip code 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
Urban Neighborhood 2 — moderate-density residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Corner-lot envelopes may require contextual setback review and should be treated as planning estimates.
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on sfr / adu benchmarks for 461 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 198 MALCOLM AVE S E MINNEAPOLIS MN 55414 | RACHEL G LEVITT REVOC FAM TR | RESIDENTIAL | $465,100 | 57 ft |
| 208 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | RACHEL METCALF | RESIDENTIAL | $480,000 | 66 ft |
| 187 MALCOLM AVE S E MINNEAPOLIS MN 55414 | BENJAMIN E BRAVERMAN ET AL | RESIDENTIAL | $371,000 | 119 ft |
| 144 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | D J TRAINOR/E SCHMIDT | RESIDENTIAL | $586,000 | 128 ft |
| 74 BARTON AVE S E MINNEAPOLIS MN 55414 | MEREDITH A MCNAB | RESIDENTIAL | $440,200 | 151 ft |
| 222 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | CARI CALLARMAN & PETER DEGAN | RESIDENTIAL | $451,000 | 152 ft |
| 183 MALCOLM AVE S E MINNEAPOLIS MN 55414 | T G CREEL & C M ALLMANN | RESIDENTIAL | $430,300 | 155 ft |
| 140 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | JEFFREY A VAN WYCHEN ET AL | RESIDENTIAL | $456,300 | 169 ft |
| 186 MALCOLM AVE S E MINNEAPOLIS MN 55414 | THOMAS WILLIAM LANZATELLA | RESIDENTIAL-TWO UNIT | $638,500 | 176 ft |
| 68 BARTON AVE S E MINNEAPOLIS MN 55414 | M L WILSON & R W SUN | RESIDENTIAL | $461,100 | 182 ft |
Most Recent Sale
Current Tax Year