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.
1 permit on record since 2018 · Most recent: Nov 2018 (existres)
SEDGWICK HEATING & AIR CONDITIONING
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 2,838 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1915 SHARON AVE S E MINNEAPOLIS MN 55414 | KARI BIBLE | RESIDENTIAL-TWO UNIT | $441,000 | 43 ft |
| 138 WARWICK ST SE MINNEAPOLIS MN 55414 | SUZANNE KOSMALSKI | RESIDENTIAL | $420,900 | 47 ft |
| 134 WARWICK ST SE MINNEAPOLIS MN 55414 | SHUBHANGI YADAV | TRIPLEX | $403,000 | 97 ft |
| 189 SEYMOUR AVE S E MINNEAPOLIS MN 55414 | JACOB KRUSE & KYLE PIGG | RESIDENTIAL | $308,000 | 141 ft |
| 1907 SHARON AVE S E MINNEAPOLIS MN 55414 | A B DANIEL & M A HOPP | RESIDENTIAL | $359,000 | 143 ft |
| 130 WARWICK ST SE MINNEAPOLIS MN 55414 | AARON BERGAD & ANGELS BRAIN | RESIDENTIAL | $563,000 | 147 ft |
| 1912 SHARON AVE S E MINNEAPOLIS MN 55414 | MATTHEW TOENJES | APARTMENT | $547,000 | 149 ft |
| 183 SEYMOUR AVE S E MINNEAPOLIS MN 55414 | EMMA JONES & VAUGHN SCHMID | RESIDENTIAL | $474,400 | 167 ft |
| 2001 SHARON AVE S E MINNEAPOLIS MN 55414 | JOHN DAVID FENLEY | RESIDENTIAL | $373,800 | 188 ft |
| 141 WARWICK ST SE MINNEAPOLIS MN 55414 | GAIL F HUGHES LIVING TRUST | RESIDENTIAL | $343,100 | 188 ft |
Most Recent Sale
Current Tax Year