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.
2 permits on record since 2025 · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
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 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 3,043 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 104 BEDFORD ST S E MINNEAPOLIS MN 55414 | JOSH G PURPLE/JAMES E PURPLE | RESIDENTIAL | $270,200 | 43 ft |
| 96 BEDFORD ST S E MINNEAPOLIS MN 55414 | BEDFORD STREET HOLDINGS LLC | RESIDENTIAL-TWO UNIT | $550,600 | 50 ft |
| 106 BEDFORD ST S E MINNEAPOLIS MN 55414 | A ZOLTAI & A LAZAREWICZ | RESIDENTIAL | $296,400 | 81 ft |
| 162 ORLIN AVE S E MINNEAPOLIS MN 55414 | A OWEN & KOBI CONAWAY TRSTES | RESIDENTIAL | $458,100 | 115 ft |
| 15 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | PAUL A GARMERS ET AL | RESIDENTIAL | $380,000 | 116 ft |
| 11 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | POWDERHORN BLDG LLC | RESIDENTIAL-TWO UNIT | $443,000 | 127 ft |
| 110 BEDFORD ST S E MINNEAPOLIS MN 55414 | ERIC PALAN AND LAUREN PALAN | RESIDENTIAL | $297,600 | 131 ft |
| 17 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | RONALD J MC COY ET AL | RESIDENTIAL | $518,000 | 137 ft |
| 7 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | GORMAN PARK PROPERTIES LLLP | RESIDENTIAL | $415,000 | 144 ft |
| 156 ORLIN AVE S E MINNEAPOLIS MN 55414 | CHRISTINE S NG | RESIDENTIAL | $358,000 | 145 ft |
Current Tax Year