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.
5 permits on record since 2017 · $50K total declared value · Most recent: Apr 2024 (existres)
Standard Heating and Air Conditioning Inc
PATES INC
Standard Heating and Air Conditioning Inc
LEGACY EXTERIORS LLC
CENTERPOINT ENERGY
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 |
|---|---|---|---|---|
| 143 CECIL ST S E MINNEAPOLIS MN 55414 | S MARQUART & D MARQUART JR | CONDOMINIUM | $265,000 | 55 ft |
| 145 CECIL ST S E MINNEAPOLIS MN 55414 | ANTHONY G WRICH | CONDOMINIUM | $292,000 | 55 ft |
| MN | Unknown | — | — | 55 ft |
| 139 CECIL ST S E MINNEAPOLIS MN 55414 | 2020 DEJAEGHERE-ADRIANY F R | RESIDENTIAL | $372,600 | 105 ft |
| 201 CECIL ST S E MINNEAPOLIS MN 55414 | J G BRATT & M B BRATT | RESIDENTIAL | $376,200 | 116 ft |
| 180 BEDFORD ST S E MINNEAPOLIS MN 55414 | A MCDONALD & C MCDONALD | RESIDENTIAL | $410,800 | 138 ft |
| 137 CECIL ST S E MINNEAPOLIS MN 55414 | WATERSTONE INVESTMENTS INC | RESIDENTIAL-TWO UNIT | $392,500 | 155 ft |
| 172 BEDFORD ST S E MINNEAPOLIS MN 55414 | YUE WU & CASEY PERRY | RESIDENTIAL | $381,600 | 156 ft |
| 200 BEDFORD ST S E MINNEAPOLIS MN 55414 | BETH JARRETT/ALEX CASTRODALE | RESIDENTIAL | $370,300 | 165 ft |
| 205 CECIL ST S E MINNEAPOLIS MN 55414 | BRUCE P BRAUN | RESIDENTIAL | $358,300 | 166 ft |
Most Recent Sale
Current Tax Year