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 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 3,836 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1838 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | STEPHEN S FICKER | RESIDENTIAL | $272,000 | 50 ft |
| 1830 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | J DEROODE & M B DEROODE | RESIDENTIAL | $358,900 | 50 ft |
| 1842 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | R C BERGMAN & N M BERGMAN | APARTMENT | $604,000 | 99 ft |
| 1826 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | CAROLYN MAIER | RESIDENTIAL | $332,800 | 99 ft |
| 178 SEYMOUR AVE S E MINNEAPOLIS MN 55414 | L R EARLEY & T EARLEY | RESIDENTIAL | $273,500 | 109 ft |
| 1822 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | S A GARRY & P T SKUJINS | RESIDENTIAL | $334,100 | 149 ft |
| 180 SEYMOUR AVE S E MINNEAPOLIS MN 55414 | PAUL G KUHN | RESIDENTIAL | $275,800 | 154 ft |
| 229 ARTHUR AVE S E MINNEAPOLIS MN 55414 | ZNC INVESTMENTS | RESIDENTIAL | $288,000 | 182 ft |
| 1829 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | C I CLARKE & S M R HVIDSTEN | RESIDENTIAL-TWO UNIT | $529,300 | 197 ft |
| 1837 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | RONDA COPHER | RESIDENTIAL-TWO UNIT | $538,400 | 198 ft |
Most Recent Sale
Current Tax Year