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.
1 permit on record since 2025 · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
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
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 9,610 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 208 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | RACHEL METCALF | RESIDENTIAL | $480,000 | 89 ft |
| 186 MALCOLM AVE S E MINNEAPOLIS MN 55414 | THOMAS WILLIAM LANZATELLA | RESIDENTIAL-TWO UNIT | $638,500 | 102 ft |
| 194 MALCOLM AVE S E MINNEAPOLIS MN 55414 | R L GILYARD & S K EMERY TRTE | RESIDENTIAL | $540,000 | 152 ft |
| 198 MALCOLM AVE S E MINNEAPOLIS MN 55414 | RACHEL G LEVITT REVOC FAM TR | RESIDENTIAL | $465,100 | 162 ft |
| 178 MALCOLM AVE S E MINNEAPOLIS MN 55414 | F LEWIS III & L SCHEPERS | RESIDENTIAL | $502,000 | 163 ft |
| 175 ARTHUR AVE S E MINNEAPOLIS MN 55414 | WALTER N JOHNSON SUBJ/LE | RESIDENTIAL | $300,000 | 173 ft |
| 174 MALCOLM AVE S E MINNEAPOLIS MN 55414 | JANICE C MICHEL | RESIDENTIAL | $450,300 | 213 ft |
| 171 ARTHUR AVE S E MINNEAPOLIS MN 55414 | ARTHUR MANAGEMENT LLC | RESIDENTIAL | $416,600 | 222 ft |
| 215 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | RALPH D MUNT ETAL | APARTMENT | $576,400 | 226 ft |
| 183 MALCOLM AVE S E MINNEAPOLIS MN 55414 | T G CREEL & C M ALLMANN | RESIDENTIAL | $430,300 | 227 ft |
Most Recent Sale
Current Tax Year