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.
No permits found in Minneapolis open data for this parcel.
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 3,433 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 220 CECIL ST S E MINNEAPOLIS MN 55414 | ADAMS/KYLLO FAMILY TRUST | RESIDENTIAL | $404,200 | 50 ft |
| 228 CECIL ST S E MINNEAPOLIS MN 55414 | WILLIAM CADWALLADER | RESIDENTIAL | $376,400 | 50 ft |
| 232 CECIL ST S E MINNEAPOLIS MN 55414 | ANA SILVA | RESIDENTIAL | $181,500 | 99 ft |
| 216 CECIL ST S E MINNEAPOLIS MN 55414 | B MILLER & A E JUHL | RESIDENTIAL | $515,000 | 100 ft |
| 223 WARWICK ST SE MINNEAPOLIS MN 55414 | LQ12 LLC | RESIDENTIAL | $281,000 | 130 ft |
| 221 WARWICK ST SE MINNEAPOLIS MN 55414 | G C HANSEN & S E WARNER | RESIDENTIAL-TWO UNIT | $501,100 | 146 ft |
| 214 CECIL ST S E MINNEAPOLIS MN 55414 | JACQUELINE J HAYES | RESIDENTIAL | $383,500 | 150 ft |
| 217 WARWICK ST SE MINNEAPOLIS MN 55414 | DAVID B FIEDLER | RESIDENTIAL | $392,000 | 168 ft |
| 225 CECIL ST S E MINNEAPOLIS MN 55414 | F C MCCRAE & J R COY | RESIDENTIAL | $436,200 | 189 ft |
| 221 CECIL ST S E MINNEAPOLIS MN 55414 | P L BRUCH JR & A C RIETH | RESIDENTIAL | $304,100 | 197 ft |
Current Tax Year