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 2018 · Most recent: Feb 2018 (res)
Warners Stellian Co Inc
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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 5,438 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 108 CECIL ST S E MINNEAPOLIS MN 55414 | TODD & ASHLEE CERMAK | RESIDENTIAL | $348,800 | 69 ft |
| 112 CECIL ST S E MINNEAPOLIS MN 55414 | MARK BROWN & KATEE BROWN | RESIDENTIAL-TWO UNIT | $400,700 | 113 ft |
| 105 WARWICK ST SE MINNEAPOLIS MN 55414 | JOHN S PATENAUDE | RESIDENTIAL | $328,000 | 140 ft |
| 103 WARWICK ST SE MINNEAPOLIS MN 55414 | CHRISTOPHER WAHRMAN | RESIDENTIAL | $304,000 | 140 ft |
| 109 WARWICK ST SE MINNEAPOLIS MN 55414 | M KRAUSE & W POMERANTZ | RESIDENTIAL | $424,100 | 157 ft |
| 118 CECIL ST S E MINNEAPOLIS MN 55414 | S ROTTSCHAEFER & S PARSHLEY | RESIDENTIAL | $284,000 | 163 ft |
| 111 WARWICK ST SE MINNEAPOLIS MN 55414 | M KRAUSE & W POMERANTZ | RESIDENTIAL | $221,000 | 164 ft |
| 2019 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | B & V MARSHALL | RESIDENTIAL | $780,000 | 180 ft |
| 2021 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | K HERMAN & C M HERMAN | RESIDENTIAL | $380,000 | 184 ft |
| 107 CECIL ST S E MINNEAPOLIS MN 55414 | 107 CECIL ST LLC | RESIDENTIAL-TWO UNIT | $438,800 | 186 ft |
Most Recent Sale
Current Tax Year