ParcelLens
Property Intelligence · Twin Cities
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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 ↗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.
3 permits on record since 2022 · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
BOEHM HEATING
Water Heaters Now Inc
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
Setbacks
Estimated Buildable Footprint
Lot dimensions are insufficient for the standard setbacks shown.
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 4,187 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 123 BEDFORD ST S E MINNEAPOLIS MN 55414 | SABRINA KO & WEI CHEN | RESIDENTIAL | $303,000 | 43 ft |
| 129 BEDFORD ST S E MINNEAPOLIS MN 55414 | MANISH R PATEL LIVING TRUST | RESIDENTIAL | $554,500 | 45 ft |
| 119 BEDFORD ST S E MINNEAPOLIS MN 55414 | PROSPECT MARCY PROPERTIES | RESIDENTIAL-TWO UNIT | $502,900 | 101 ft |
| 115 BEDFORD ST S E MINNEAPOLIS MN 55414 | THE BEDFORD APARTMENTS LLC | APARTMENT | $1,218,000 | 175 ft |
| 138 EMERALD ST S E MINNEAPOLIS MN 55414 | ST PANTELEIMON GREEK ORT CH | RESIDENTIAL-TWO UNIT | $0 | 181 ft |
| 135 BEDFORD ST S E MINNEAPOLIS MN 55414 | RUTH FEN | TRIPLEX | $548,100 | 196 ft |
| 124 BEDFORD ST S E MINNEAPOLIS MN 55414 | C R OELBERGER/T R OELBERGER | RESIDENTIAL | $452,300 | 198 ft |
| 113 BEDFORD ST S E MINNEAPOLIS MN 55414 | ANDREA LEILA DENECKE | RESIDENTIAL-TWO UNIT | $417,100 | 235 ft |
| 108 EMERALD ST S E MINNEAPOLIS MN 55414 | JAY B NELSEN | RESIDENTIAL | $241,000 | 240 ft |
| 141 BEDFORD ST S E MINNEAPOLIS MN 55414 | FRANK H WOOD ETAL | RESIDENTIAL | $439,600 | 246 ft |
Most Recent Sale
Current Tax Year