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.
4 permits on record since 2022 · $12K total declared value · Most recent: May 2025 (misc)
Paris Roofing LLC
McQuillan Bros Plumbing Heating & AC LLC
McQuillan Bros Plumbing Heating & AC LLC
MN Plumbing & Home Services 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
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 5,609 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 183 SEYMOUR AVE S E MINNEAPOLIS MN 55414 | EMMA JONES & VAUGHN SCHMID | RESIDENTIAL | $474,400 | 62 ft |
| 1907 SHARON AVE S E MINNEAPOLIS MN 55414 | A B DANIEL & M A HOPP | RESIDENTIAL | $359,000 | 68 ft |
| 181 SEYMOUR AVE S E MINNEAPOLIS MN 55414 | LORI A REESE/TAMARA E EARLEY | RESIDENTIAL | $354,000 | 112 ft |
| 138 WARWICK ST SE MINNEAPOLIS MN 55414 | SUZANNE KOSMALSKI | RESIDENTIAL | $420,900 | 139 ft |
| 142 WARWICK ST SE MINNEAPOLIS MN 55414 | CHARLES BORRELL | RESIDENTIAL | $188,100 | 141 ft |
| 134 WARWICK ST SE MINNEAPOLIS MN 55414 | SHUBHANGI YADAV | TRIPLEX | $403,000 | 153 ft |
| 1915 SHARON AVE S E MINNEAPOLIS MN 55414 | KARI BIBLE | RESIDENTIAL-TWO UNIT | $441,000 | 156 ft |
| 175 SEYMOUR AVE S E MINNEAPOLIS MN 55414 | ERIC PALAN/LAUREN PALAN | RESIDENTIAL | $408,000 | 162 ft |
| 146 SEYMOUR AVE S E MINNEAPOLIS MN 55414 | CITY OF MPLS | LAND-COMMERCIAL | $0 | 163 ft |
| 198 SEYMOUR AVE S E MINNEAPOLIS MN 55414 | VERLAINE A HUTCHINS | RESIDENTIAL | $215,800 | 176 ft |
Most Recent Sale
Current Tax Year