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.
7 permits on record since 2017 · $19K total declared value · Most recent: Oct 2023 (res)
FFM LLC
Commercial Plumbing and Heating Inc
BEDFORD STREET BUILDERS LLC
Piperight Plumbing Inc
BEDFORD STREET BUILDERS LLC
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
Lot dimensions are insufficient for the standard setbacks shown.
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 2,150 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 105 WARWICK ST SE MINNEAPOLIS MN 55414 | JOHN S PATENAUDE | RESIDENTIAL | $328,000 | 44 ft |
| 109 WARWICK ST SE MINNEAPOLIS MN 55414 | M KRAUSE & W POMERANTZ | RESIDENTIAL | $424,100 | 84 ft |
| 111 WARWICK ST SE MINNEAPOLIS MN 55414 | M KRAUSE & W POMERANTZ | RESIDENTIAL | $221,000 | 116 ft |
| 2018 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | CRAIG GALLAS & JUDITH GALLAS | RESIDENTIAL | $421,200 | 140 ft |
| 1920 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | MERCIL RENTAL PROPERTIES LLC | APARTMENT | $506,000 | 147 ft |
| 2007 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | S M WILLGING & K L WELLS | RESIDENTIAL | $302,200 | 154 ft |
| 2011 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | CAROLYN MAIER | RESIDENTIAL | $376,600 | 157 ft |
| 113 WARWICK ST SE MINNEAPOLIS MN 55414 | SHANNON SKARPHOL | RESIDENTIAL-TWO UNIT | $587,300 | 157 ft |
| 2003 FRANKLIN AVE S E MINNEAPOLIS MN 55414 | A MEIER & S WERNER | RESIDENTIAL | $478,100 | 161 ft |
| 108 CECIL ST S E MINNEAPOLIS MN 55414 | TODD & ASHLEE CERMAK | RESIDENTIAL | $348,800 | 165 ft |
Most Recent Sale
Current Tax Year