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 1,541 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1910 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | 600 SHEPHERD SD LLC | RESIDENTIAL | $259,000 | 42 ft |
| 1900 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | VALERIE C LEE | RESIDENTIAL | $355,000 | 42 ft |
| 157 SEYMOUR AVE S E MINNEAPOLIS MN 55414 | P W HANSON & C J HANSON | RESIDENTIAL | $327,000 | 69 ft |
| 1912 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | A M JOHNSON & S M JOHNSON | RESIDENTIAL | $352,000 | 97 ft |
| 161 SEYMOUR AVE S E MINNEAPOLIS MN 55414 | NATHAN PATE | RESIDENTIAL | $294,000 | 119 ft |
| 1916 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | J M CAPLOW & R L FRANCIS | RESIDENTIAL | $408,100 | 139 ft |
| 1842 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | R C BERGMAN & N M BERGMAN | APARTMENT | $604,000 | 150 ft |
| 108 WARWICK ST SE MINNEAPOLIS MN 55414 | DANIEL J HUNT | RESIDENTIAL-TWO UNIT | $380,800 | 152 ft |
| 167 SEYMOUR AVE S E MINNEAPOLIS MN 55414 | K KAMINSKY & A KAMINSKY TRES | RESIDENTIAL | $356,000 | 163 ft |
| 112 WARWICK ST SE MINNEAPOLIS MN 55414 | R M HAMILTON & L M WANSKI | RESIDENTIAL | $526,300 | 178 ft |
Current Tax Year