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.
9 permits on record since 2020 · $236K total declared value · Most recent: Sep 2024 (misc)
Ascension Roofing & Siding LLC
Red Fox Remodeling LLC
Bruce Nelson Plumbing and Heating Service Inc
AFFORDABLE EGRESS WINDOWS & BASEMENT WATERPROOFI
AFFORDABLE EGRESS WINDOWS & BASEMENT WATERPROOFI
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 3,458 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 169 SEYMOUR AVE S E MINNEAPOLIS MN 55414 | A P HAUSER & C B HAUSER | RESIDENTIAL | $381,200 | 44 ft |
| 175 SEYMOUR AVE S E MINNEAPOLIS MN 55414 | ERIC PALAN/LAUREN PALAN | RESIDENTIAL | $408,000 | 50 ft |
| 167 SEYMOUR AVE S E MINNEAPOLIS MN 55414 | K KAMINSKY & A KAMINSKY TRES | RESIDENTIAL | $356,000 | 81 ft |
| 181 SEYMOUR AVE S E MINNEAPOLIS MN 55414 | LORI A REESE/TAMARA E EARLEY | RESIDENTIAL | $354,000 | 100 ft |
| 161 SEYMOUR AVE S E MINNEAPOLIS MN 55414 | NATHAN PATE | RESIDENTIAL | $294,000 | 125 ft |
| 124 WARWICK ST SE MINNEAPOLIS MN 55414 | K MANTHEY & KEVIN LOECKE | RESIDENTIAL | $330,000 | 138 ft |
| 120 WARWICK ST SE MINNEAPOLIS MN 55414 | MOLLY HAPGOOD | RESIDENTIAL | $331,000 | 144 ft |
| 126 WARWICK ST SE MINNEAPOLIS MN 55414 | W D PHILLIPS & A PHILLIPS | RESIDENTIAL | $501,000 | 146 ft |
| 183 SEYMOUR AVE S E MINNEAPOLIS MN 55414 | EMMA JONES & VAUGHN SCHMID | RESIDENTIAL | $474,400 | 150 ft |
| 116 WARWICK ST SE MINNEAPOLIS MN 55414 | ARTHUR MAUD | RESIDENTIAL | $246,300 | 162 ft |
Most Recent Sale
Current Tax Year