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.
2 permits on record since 2017 · Most recent: Aug 2019 (res)
Norblom Plumbing Co
Standard Heating and Air Conditioning 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 3,407 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 214 EMERALD ST S E MINNEAPOLIS MN 55414 | R F NYBERG & C R NYBERG | RESIDENTIAL | $362,000 | 50 ft |
| 224 EMERALD ST S E MINNEAPOLIS MN 55414 | ANDREA L SAHLIN | RESIDENTIAL | $375,000 | 55 ft |
| 212 EMERALD ST S E MINNEAPOLIS MN 55414 | KATIE TROTZKY/RANDALL SMITH | RESIDENTIAL | $298,000 | 100 ft |
| 230 EMERALD ST S E MINNEAPOLIS MN 55414 | A M VERME & A MARTIN | RESIDENTIAL | $387,300 | 115 ft |
| 221 BEDFORD ST S E MINNEAPOLIS MN 55414 | B D WARTNER & L A GUNBERG | RESIDENTIAL | $436,900 | 139 ft |
| 219 BEDFORD ST S E MINNEAPOLIS MN 55414 | W W CAMPBELL & I J TERRY | RESIDENTIAL | $458,300 | 147 ft |
| 208 EMERALD ST S E MINNEAPOLIS MN 55414 | STAR ANISE PROPERTIES LLC | RESIDENTIAL | $326,900 | 150 ft |
| 225 BEDFORD ST S E MINNEAPOLIS MN 55414 | MANUCHEHR BASHIRI | RESIDENTIAL | $384,000 | 151 ft |
| 215 BEDFORD ST S E MINNEAPOLIS MN 55414 | SIGRID D COATS | RESIDENTIAL | $372,200 | 169 ft |
| 236 EMERALD ST S E MINNEAPOLIS MN 55414 | RANDALL S WATERS | RESIDENTIAL | $347,000 | 175 ft |
Most Recent Sale
Current Tax Year