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.
3 permits on record since 2017 · $9K total declared value · Most recent: Mar 2023 (existres)
Standard Heating and Air Conditioning Inc
AUSTAD CONSTRUCTION INC
CENTERPOINT ENERGY
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 4,141 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1826 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | CAROLYN MAIER | RESIDENTIAL | $332,800 | 50 ft |
| 1818 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | RHONDA VOPAVA GEYETTE | RESIDENTIAL | $339,900 | 50 ft |
| 1830 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | J DEROODE & M B DEROODE | RESIDENTIAL | $358,900 | 99 ft |
| 1814 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | CATHERINE M HUBBARD | RESIDENTIAL | $364,000 | 111 ft |
| 225 ARTHUR AVE S E MINNEAPOLIS MN 55414 | JAMES R TUCKER | RESIDENTIAL | $229,000 | 123 ft |
| 221 ARTHUR AVE S E MINNEAPOLIS MN 55414 | OBINNA E CHUKWU | RESIDENTIAL-TWO UNIT | $355,500 | 127 ft |
| 1834 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | P ROCHE & C MCGLAVE | RESIDENTIAL | $313,500 | 149 ft |
| 229 ARTHUR AVE S E MINNEAPOLIS MN 55414 | ZNC INVESTMENTS | RESIDENTIAL | $288,000 | 150 ft |
| 1812 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | BONNIE C STREITZ ET AL | RESIDENTIAL | $385,600 | 164 ft |
| 1838 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | STEPHEN S FICKER | RESIDENTIAL | $272,000 | 198 ft |
Most Recent Sale
Current Tax Year