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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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.
2 permits on record since 2025 · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
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 1,699 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 141 BEDFORD ST S E MINNEAPOLIS MN 55414 | FRANK H WOOD ETAL | RESIDENTIAL | $439,600 | 55 ft |
| 143 BEDFORD ST S E MINNEAPOLIS MN 55414 | T STENLUND & M MATERNOSKI | RESIDENTIAL | $330,200 | 105 ft |
| 138 EMERALD ST S E MINNEAPOLIS MN 55414 | ST PANTELEIMON GREEK ORT CH | RESIDENTIAL-TWO UNIT | $0 | 135 ft |
| 129 BEDFORD ST S E MINNEAPOLIS MN 55414 | MANISH R PATEL LIVING TRUST | RESIDENTIAL | $554,500 | 153 ft |
| 145 BEDFORD ST S E MINNEAPOLIS MN 55414 | S MCALLISTER & L A HAYDEN | RESIDENTIAL-TWO UNIT | $465,200 | 155 ft |
| 142 EMERALD ST S E MINNEAPOLIS MN 55414 | BZ PROPERTIES LLC | APARTMENT | $534,600 | 167 ft |
| 134 BEDFORD ST S E MINNEAPOLIS MN 55414 | L STANDERWICK & A PIGNATARO | RESIDENTIAL | $271,000 | 192 ft |
| 136 BEDFORD ST S E MINNEAPOLIS MN 55414 | M S ERNST/C D ERNST ET AL | RESIDENTIAL | $336,400 | 193 ft |
| 127 BEDFORD ST S E MINNEAPOLIS MN 55414 | J C NYBERG & K A NYBERG | RESIDENTIAL | $495,900 | 196 ft |
| 146 EMERALD ST S E MINNEAPOLIS MN 55414 | JOSEPH IPPOLITO | APARTMENT | $484,000 | 201 ft |
Most Recent Sale
Current Tax Year