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.
4 permits on record since 2017 · Most recent: Sep 2018 (res)
Linn Star Transfer Inc
Blue Ox Heating and Air LLC
BENJAMIN FRANKLIN PLUMBING
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 2,803 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2011 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | CAROLYN MAIER | RESIDENTIAL | $376,600 | 35 ft |
| 2003 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | A MEIER & S WERNER | RESIDENTIAL | $478,100 | 42 ft |
| 2015 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | J M JUNGERS & J R KEVILLE | RESIDENTIAL | $386,400 | 70 ft |
| 2001 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | SETH EVERETT WERNER | VACANT LAND-RESIDENTIAL | $138,000 | 92 ft |
| 2019 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | B & V MARSHALL | RESIDENTIAL | $780,000 | 126 ft |
| 51 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | MELBOURNE PROPERTIES LLC | APARTMENT | $588,000 | 141 ft |
| 1919 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | NORINA JIMENO/GENE HARVEY | RESIDENTIAL | $329,200 | 142 ft |
| 55 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | MICHAEL T EHLENZ | APARTMENT | $674,000 | 146 ft |
| 49 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | BRIAN J MALLOY | RESIDENTIAL | $387,700 | 153 ft |
| 103 WARWICK ST SE MINNEAPOLIS MN 55414 | CHRISTOPHER WAHRMAN | RESIDENTIAL | $304,000 | 154 ft |
Current Tax Year