Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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 ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗Signals are based on public datasets; program eligibility requires verification.
2 permits on record since 2016 · $2K total declared value · Most recent: Jan 2018 (comnofdbv)
Weld and Sons Plumbing Inc
PELLA NORTHLAND
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 3 — medium-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 3-story wood frame (5–12 units) benchmarks for 10,331 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 113 BEDFORD ST S E MINNEAPOLIS MN 55414 | ANDREA LEILA DENECKE | RESIDENTIAL-TWO UNIT | $417,100 | 67 ft |
| 119 BEDFORD ST S E MINNEAPOLIS MN 55414 | PROSPECT MARCY PROPERTIES | RESIDENTIAL-TWO UNIT | $502,900 | 74 ft |
| 108 EMERALD ST S E MINNEAPOLIS MN 55414 | JAY B NELSEN | RESIDENTIAL | $241,000 | 83 ft |
| 111 BEDFORD ST S E MINNEAPOLIS MN 55414 | A B-INGWALSON/B B-INGWALSON | RESIDENTIAL | $553,000 | 105 ft |
| 104 EMERALD ST S E MINNEAPOLIS MN 55414 | JOHN A HESSELGRAVE ET AL | RESIDENTIAL | $177,000 | 118 ft |
| 123 BEDFORD ST S E MINNEAPOLIS MN 55414 | SABRINA KO & WEI CHEN | RESIDENTIAL | $303,000 | 133 ft |
| 105 BEDFORD ST S E MINNEAPOLIS MN 55414 | H M QUINN & A G PORTWOOD | RESIDENTIAL | $296,000 | 147 ft |
| 127 BEDFORD ST S E MINNEAPOLIS MN 55414 | J C NYBERG & K A NYBERG | RESIDENTIAL | $495,900 | 175 ft |
| 103 BEDFORD ST S E MINNEAPOLIS MN 55414 | K JOHNSON & H THOMPSON | RESIDENTIAL | $291,700 | 201 ft |
| 96 EMERALD ST S E MINNEAPOLIS MN 55414 | GREGORY GRINNELL | RESIDENTIAL | $261,300 | 205 ft |
Most Recent Sale
Current Tax Year