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.
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 1256
Zip code 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
Urban Neighborhood 3 — medium-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 sfr / adu benchmarks for 1,098 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 96 EMERALD ST S E MINNEAPOLIS MN 55414 | GREGORY GRINNELL | RESIDENTIAL | $261,300 | 52 ft |
| 164 ORLIN AVE S E MINNEAPOLIS MN 55414 | A HERSCHHORN & A HERSCHHORN | RESIDENTIAL | $478,900 | 62 ft |
| 168 ORLIN AVE S E MINNEAPOLIS MN 55414 | T M CLAUSEN & C L ULRICH | RESIDENTIAL | $355,700 | 69 ft |
| 99 BEDFORD ST S E MINNEAPOLIS MN 55414 | CINDY DIBBLE & RYAN DIBBLE | RESIDENTIAL | $438,500 | 106 ft |
| 95 BEDFORD ST S E MINNEAPOLIS MN 55414 | SARAH REISER & CHRIS REISER | RESIDENTIAL | $328,400 | 112 ft |
| 105 BEDFORD ST S E MINNEAPOLIS MN 55414 | H M QUINN & A G PORTWOOD | RESIDENTIAL | $296,000 | 119 ft |
| 103 BEDFORD ST S E MINNEAPOLIS MN 55414 | K JOHNSON & H THOMPSON | RESIDENTIAL | $291,700 | 119 ft |
| 93 BEDFORD ST S E MINNEAPOLIS MN 55414 | B HUSTING & J C MELLSTROM | RESIDENTIAL | $356,200 | 125 ft |
| 104 EMERALD ST S E MINNEAPOLIS MN 55414 | JOHN A HESSELGRAVE ET AL | RESIDENTIAL | $177,000 | 147 ft |
| 111 BEDFORD ST S E MINNEAPOLIS MN 55414 | A B-INGWALSON/B B-INGWALSON | RESIDENTIAL | $553,000 | 181 ft |
Most Recent Sale
Current Tax Year