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.
1 permit on record since 2017 · Most recent: Jan 2017 (res)
CENTERPOINT ENERGY
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 3,538 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 50 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | R & P HENDRICKSON | RESIDENTIAL | $591,000 | 50 ft |
| 44 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | AARON M DESMOND | RESIDENTIAL | $396,000 | 50 ft |
| 52 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | MARIKO E TANAKA | RESIDENTIAL-TWO UNIT | $459,500 | 100 ft |
| 40 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | KRISTEN J LAFAVOR | RESIDENTIAL | $532,000 | 100 ft |
| 114 ORLIN AVE S E MINNEAPOLIS MN 55414 | RYAN R SHEPPARD | RESIDENTIAL | $574,200 | 129 ft |
| 120 ORLIN AVE S E MINNEAPOLIS MN 55414 | DAVID B HARRIS & WIFE | RESIDENTIAL | $402,200 | 139 ft |
| 58 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | RUTH JOAN HAMPTON | RESIDENTIAL-TWO UNIT | $469,000 | 144 ft |
| 110 ORLIN AVE S E MINNEAPOLIS MN 55414 | B SMITH & D E SMITH | RESIDENTIAL-TWO UNIT | $494,700 | 147 ft |
| 36 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | ANTHONY M JONES | RESIDENTIAL | $565,500 | 149 ft |
| 126 ORLIN AVE S E MINNEAPOLIS MN 55414 | DALLAS CURRIE | RESIDENTIAL | $561,000 | 169 ft |
Most Recent Sale
Current Tax Year