ParcelLens
Property Intelligence · Twin Cities
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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.
3 permits on record since 2002 · $130K total declared value · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
SCOTT THEILBAR O C INSTALLS LLC
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 4,280 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 240 EMERALD ST S E MINNEAPOLIS MN 55414 | DARLENE K MELCHER | RESIDENTIAL | $237,300 | 60 ft |
| 246 EMERALD ST S E MINNEAPOLIS MN 55414 | K M DAVIS & R E INKALA | RESIDENTIAL | $412,100 | 60 ft |
| 238 EMERALD ST S E MINNEAPOLIS MN 55414 | M STOESZ & A M SHELLABARGER | RESIDENTIAL | $414,800 | 120 ft |
| 252 EMERALD ST S E MINNEAPOLIS MN 55414 | LORI A REESE/TAMMY E EARLEY | RESIDENTIAL | $434,500 | 120 ft |
| 243 BEDFORD ST S E MINNEAPOLIS MN 55414 | L STEINES & J BRONDER | RESIDENTIAL | $422,400 | 140 ft |
| 241 BEDFORD ST S E MINNEAPOLIS MN 55414 | A PIOTROWSKI/J M PIOTROWSKA | RESIDENTIAL | $370,400 | 147 ft |
| 247 BEDFORD ST S E MINNEAPOLIS MN 55414 | M FRY-PERROW/J FRY-PERROW | RESIDENTIAL | $434,300 | 153 ft |
| 239 BEDFORD ST S E MINNEAPOLIS MN 55414 | J F ABUZZAHAB/T N SIMONSEN | RESIDENTIAL | $373,400 | 164 ft |
| 236 EMERALD ST S E MINNEAPOLIS MN 55414 | RANDALL S WATERS | RESIDENTIAL | $347,000 | 180 ft |
| 251 BEDFORD ST S E MINNEAPOLIS MN 55414 | R BECICKA & S HAWKINS | RESIDENTIAL | $508,300 | 187 ft |
Most Recent Sale
Current Tax Year