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.
4 permits on record since 2017 · Most recent: Mar 2022 (existres)
Standard Heating and Air Conditioning Inc
FIRESIDE HEARTH AND HOME
ST PAUL PLUMBING AND HEATING CO INC
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 4,324 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2101 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | CAPGROW HLDG JV SUB VIII LLC | RESIDENTIAL-TWO UNIT | $317,000 | 45 ft |
| 2021 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | K HERMAN & C M HERMAN | RESIDENTIAL | $380,000 | 46 ft |
| 2105 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | C F DINGEMANS & S M ERSTAD | RESIDENTIAL | $272,300 | 92 ft |
| 2019 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | B & V MARSHALL | RESIDENTIAL | $780,000 | 105 ft |
| 33 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | REAL-ESTATE INVEST ALPHA LLC | TRIPLEX | $680,100 | 139 ft |
| 2111 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | HELEN A SAHLIN | RESIDENTIAL | $372,500 | 148 ft |
| 31 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | CARROLL S DINGEMANS ET AL | RESIDENTIAL | $356,700 | 151 ft |
| 41 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | A W WIRTZFELD & R M PANTON | RESIDENTIAL | $452,100 | 156 ft |
| 2015 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | J M JUNGERS & J R KEVILLE | RESIDENTIAL | $386,400 | 161 ft |
| 43 MELBOURNE AVE S E MINNEAPOLIS MN 55414 | GINA FRUNCILLO | RESIDENTIAL-TWO UNIT | $558,600 | 184 ft |
Most Recent Sale
Current Tax Year