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.
7 permits on record since 2018 · $16K total declared value · Most recent: Feb 2026 (remodel)
IYAWE AND ASSOCS CORP
Air Rite Mechanical Systems Inc
Safe Basements of MN
EGRESS WINDOW GUY
CANFIELD DESIGN LLC
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 sfr / adu benchmarks for 333 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 142 WARWICK ST SE MINNEAPOLIS MN 55414 | CHARLES BORRELL | RESIDENTIAL | $188,100 | 43 ft |
| 138 WARWICK ST SE MINNEAPOLIS MN 55414 | SUZANNE KOSMALSKI | RESIDENTIAL | $420,900 | 89 ft |
| 1912 SHARON AVE S E MINNEAPOLIS MN 55414 | MATTHEW TOENJES | APARTMENT | $547,000 | 107 ft |
| 1907 SHARON AVE S E MINNEAPOLIS MN 55414 | A B DANIEL & M A HOPP | RESIDENTIAL | $359,000 | 138 ft |
| 134 WARWICK ST SE MINNEAPOLIS MN 55414 | SHUBHANGI YADAV | TRIPLEX | $403,000 | 139 ft |
| 189 SEYMOUR AVE S E MINNEAPOLIS MN 55414 | JACOB KRUSE & KYLE PIGG | RESIDENTIAL | $308,000 | 156 ft |
| 206 WARWICK ST SE MINNEAPOLIS MN 55414 | E A HOFSTAD & R J RENTZEL | RESIDENTIAL-TWO UNIT | $557,200 | 157 ft |
| 2001 SHARON AVE S E MINNEAPOLIS MN 55414 | JOHN DAVID FENLEY | RESIDENTIAL | $373,800 | 186 ft |
| 130 WARWICK ST SE MINNEAPOLIS MN 55414 | AARON BERGAD & ANGELS BRAIN | RESIDENTIAL | $563,000 | 189 ft |
| 183 SEYMOUR AVE S E MINNEAPOLIS MN 55414 | EMMA JONES & VAUGHN SCHMID | RESIDENTIAL | $474,400 | 193 ft |
Most Recent Sale
Current Tax Year