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 4,265 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 224 EMERALD ST S E MINNEAPOLIS MN 55414 | ANDREA L SAHLIN | RESIDENTIAL | $375,000 | 60 ft |
| 236 EMERALD ST S E MINNEAPOLIS MN 55414 | RANDALL S WATERS | RESIDENTIAL | $347,000 | 60 ft |
| 218 EMERALD ST S E MINNEAPOLIS MN 55414 | STEVE OLSON | RESIDENTIAL | $314,700 | 115 ft |
| 238 EMERALD ST S E MINNEAPOLIS MN 55414 | M STOESZ & A M SHELLABARGER | RESIDENTIAL | $414,800 | 120 ft |
| 229 BEDFORD ST S E MINNEAPOLIS MN 55414 | RENE V DAWIS ETAL | RESIDENTIAL | $381,400 | 139 ft |
| 225 BEDFORD ST S E MINNEAPOLIS MN 55414 | MANUCHEHR BASHIRI | RESIDENTIAL | $384,000 | 150 ft |
| 233 BEDFORD ST S E MINNEAPOLIS MN 55414 | SISU INVESTMENT PARTNERS LLC | RESIDENTIAL-TWO UNIT | $518,500 | 153 ft |
| 214 EMERALD ST S E MINNEAPOLIS MN 55414 | R F NYBERG & C R NYBERG | RESIDENTIAL | $362,000 | 165 ft |
| 221 BEDFORD ST S E MINNEAPOLIS MN 55414 | B D WARTNER & L A GUNBERG | RESIDENTIAL | $436,900 | 178 ft |
| 240 EMERALD ST S E MINNEAPOLIS MN 55414 | DARLENE K MELCHER | RESIDENTIAL | $237,300 | 180 ft |
Most Recent Sale
Current Tax Year