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.
8 permits on record since 2018 · $29K total declared value · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
Fineline Mechanical Services Inc
JACK PIXLEY CHIMNEY SWEEPS AND MASONRY
STAFFORD HOME SERVICE
Urban Pine Plumbing and Mechanical 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 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 5,709 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 21 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | L T TETZLAFF/D A KOZEL | RESIDENTIAL-TWO UNIT | $418,600 | 58 ft |
| 15 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | PAUL A GARMERS ET AL | RESIDENTIAL | $380,000 | 58 ft |
| 11 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | POWDERHORN BLDG LLC | RESIDENTIAL-TWO UNIT | $443,000 | 98 ft |
| 27 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | PHILIP HULT | RESIDENTIAL | $367,200 | 111 ft |
| 104 BEDFORD ST S E MINNEAPOLIS MN 55414 | JOSH G PURPLE/JAMES E PURPLE | RESIDENTIAL | $270,200 | 125 ft |
| 106 BEDFORD ST S E MINNEAPOLIS MN 55414 | A ZOLTAI & A LAZAREWICZ | RESIDENTIAL | $296,400 | 126 ft |
| 7 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | GORMAN PARK PROPERTIES LLLP | RESIDENTIAL | $415,000 | 135 ft |
| 100 BEDFORD ST S E MINNEAPOLIS MN 55414 | V E SKELEY & M J GREGORIAN | RESIDENTIAL-TWO UNIT | $510,500 | 137 ft |
| 110 BEDFORD ST S E MINNEAPOLIS MN 55414 | ERIC PALAN AND LAUREN PALAN | RESIDENTIAL | $297,600 | 144 ft |
| 29 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | 29 MELBOURNE ASSOCIATES LLC | RESIDENTIAL-TWO UNIT | $542,500 | 161 ft |
Current Tax Year