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.
No permits found in Minneapolis open data for this parcel.
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
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 1,648 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 194 MALCOLM AVE S E MINNEAPOLIS MN 55414 | R L GILYARD & S K EMERY TRTE | RESIDENTIAL | $540,000 | 57 ft |
| 208 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | RACHEL METCALF | RESIDENTIAL | $480,000 | 78 ft |
| 144 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | D J TRAINOR/E SCHMIDT | RESIDENTIAL | $586,000 | 127 ft |
| 215 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | RALPH D MUNT ETAL | APARTMENT | $576,400 | 155 ft |
| 201 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | CAROLYN R MAIER | RESIDENTIAL-TWO UNIT | $615,900 | 160 ft |
| 222 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | CARI CALLARMAN & PETER DEGAN | RESIDENTIAL | $451,000 | 162 ft |
| 140 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | JEFFREY A VAN WYCHEN ET AL | RESIDENTIAL | $456,300 | 165 ft |
| 187 MALCOLM AVE S E MINNEAPOLIS MN 55414 | BENJAMIN E BRAVERMAN ET AL | RESIDENTIAL | $371,000 | 173 ft |
| 74 BARTON AVE S E MINNEAPOLIS MN 55414 | MEREDITH A MCNAB | RESIDENTIAL | $440,200 | 182 ft |
| 136 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | D J MCAULIFFE/R E MCAULIFFE | RESIDENTIAL-TWO UNIT | $580,600 | 203 ft |
Current Tax Year