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.
6 permits on record since 2021 · $36K total declared value · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
BURNOMATIC
Red Line Contracting
Schmidt Brothers Roofing
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 3,455 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 167 BEDFORD ST S E MINNEAPOLIS MN 55414 | C BELLE & S B LEVINE TRUST | RESIDENTIAL | $321,600 | 50 ft |
| 159 BEDFORD ST S E MINNEAPOLIS MN 55414 | T P NEUFELD & S F PERMUTH | RESIDENTIAL | $473,000 | 50 ft |
| 155 BEDFORD ST S E MINNEAPOLIS MN 55414 | PRATT FAMILY TRUST | RESIDENTIAL | $469,900 | 100 ft |
| 173 BEDFORD ST S E MINNEAPOLIS MN 55414 | JOYCE L ROTTSCHAEFER | RESIDENTIAL | $414,000 | 113 ft |
| 162 EMERALD ST S E MINNEAPOLIS MN 55414 | MARGARET V MCCABE GUSTAVSON | RESIDENTIAL | $265,800 | 138 ft |
| 166 EMERALD ST S E MINNEAPOLIS MN 55414 | SUNOOK SHIN | RESIDENTIAL | $329,800 | 146 ft |
| 158 EMERALD ST S E MINNEAPOLIS MN 55414 | D G WINDEN & E M WINDEN | RESIDENTIAL | $365,100 | 148 ft |
| 151 BEDFORD ST S E MINNEAPOLIS MN 55414 | C D WOODARD/ELISE J WOODWARD | RESIDENTIAL | $434,600 | 150 ft |
| 170 EMERALD ST S E MINNEAPOLIS MN 55414 | SUSAN CAPLOW/ARTHUR HERBERT | RESIDENTIAL | $356,500 | 168 ft |
| 154 EMERALD ST S E MINNEAPOLIS MN 55414 | CITY OF LAKES COMM LAND TRST | — | $290,700 | 173 ft |
Most Recent Sale
Current Tax Year