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.
6 permits on record since 2019 · $19K total declared value · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
RENEWAL BY ANDERSEN CORP
Cities 1 Plumbing and Heating Inc
GREAT LAKES WINDOW AND SIDING CO
Warners Stellian Co 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 3,261 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 221 WARWICK ST SE MINNEAPOLIS MN 55414 | G C HANSEN & S E WARNER | RESIDENTIAL-TWO UNIT | $501,100 | 48 ft |
| 215 WARWICK ST SE MINNEAPOLIS MN 55414 | J A RUIZ & J B RUIZ LIV TR | RESIDENTIAL-TWO UNIT | $499,700 | 48 ft |
| 223 WARWICK ST SE MINNEAPOLIS MN 55414 | LQ12 LLC | RESIDENTIAL | $281,000 | 93 ft |
| 211 WARWICK ST SE MINNEAPOLIS MN 55414 | M T HARDING & E M LEITZE | RESIDENTIAL | $340,600 | 100 ft |
| 216 CECIL ST S E MINNEAPOLIS MN 55414 | B MILLER & A E JUHL | RESIDENTIAL | $515,000 | 140 ft |
| 220 CECIL ST S E MINNEAPOLIS MN 55414 | ADAMS/KYLLO FAMILY TRUST | RESIDENTIAL | $404,200 | 146 ft |
| 214 CECIL ST S E MINNEAPOLIS MN 55414 | JACQUELINE J HAYES | RESIDENTIAL | $383,500 | 151 ft |
| 218 WARWICK ST SE MINNEAPOLIS MN 55414 | CARLY FASCHINGBAUER ET AL | RESIDENTIAL | $332,000 | 160 ft |
| 224 CECIL ST S E MINNEAPOLIS MN 55414 | G & L SHEVLIN | RESIDENTIAL-TWO UNIT | $359,300 | 168 ft |
| 208 CECIL ST S E MINNEAPOLIS MN 55414 | TROND A STOCKENSTROM REV TR | RESIDENTIAL | $396,000 | 176 ft |
Most Recent Sale
Current Tax Year