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.
3 permits on record since 2024 · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
Pronto Heating & Air Conditioning Inc
Pronto Heating & Air Conditioning 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 4,122 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 172 BEDFORD ST S E MINNEAPOLIS MN 55414 | YUE WU & CASEY PERRY | RESIDENTIAL | $381,600 | 68 ft |
| 200 BEDFORD ST S E MINNEAPOLIS MN 55414 | BETH JARRETT/ALEX CASTRODALE | RESIDENTIAL | $370,300 | 117 ft |
| 166 BEDFORD ST S E MINNEAPOLIS MN 55414 | SARA T & OSWALD U DOURE | RESIDENTIAL-TWO UNIT | $456,400 | 130 ft |
| 147 CECIL ST S E MINNEAPOLIS MN 55414 | E SPENCER-KAPLAN & R KAPLAN | RESIDENTIAL | $477,800 | 138 ft |
| 143 CECIL ST S E MINNEAPOLIS MN 55414 | S MARQUART & D MARQUART JR | CONDOMINIUM | $265,000 | 147 ft |
| 145 CECIL ST S E MINNEAPOLIS MN 55414 | ANTHONY G WRICH | CONDOMINIUM | $292,000 | 147 ft |
| MN | Unknown | — | — | 147 ft |
| 204 BEDFORD ST S E MINNEAPOLIS MN 55414 | ERYN VINCENT/OWEN D VINCENT | RESIDENTIAL | $472,400 | 167 ft |
| 139 CECIL ST S E MINNEAPOLIS MN 55414 | 2020 DEJAEGHERE-ADRIANY F R | RESIDENTIAL | $372,600 | 171 ft |
| 162 BEDFORD ST S E MINNEAPOLIS MN 55414 | R C & N M BERGMAN | APARTMENT | $566,000 | 181 ft |
Most Recent Sale
Current Tax Year