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.
2 permits on record since 2016 · $52K total declared value · Most recent: Jul 2025 (misc)
Preferred Contracting and Construction
UNGERMAN 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 4,296 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 251 BEDFORD ST S E MINNEAPOLIS MN 55414 | R BECICKA & S HAWKINS | RESIDENTIAL | $508,300 | 60 ft |
| 243 BEDFORD ST S E MINNEAPOLIS MN 55414 | L STEINES & J BRONDER | RESIDENTIAL | $422,400 | 60 ft |
| 241 BEDFORD ST S E MINNEAPOLIS MN 55414 | A PIOTROWSKI/J M PIOTROWSKA | RESIDENTIAL | $370,400 | 110 ft |
| 255 BEDFORD ST S E MINNEAPOLIS MN 55414 | STEVEN J SIKORA REV TRUST | RESIDENTIAL | $646,000 | 132 ft |
| 246 EMERALD ST S E MINNEAPOLIS MN 55414 | K M DAVIS & R E INKALA | RESIDENTIAL | $412,100 | 139 ft |
| 252 EMERALD ST S E MINNEAPOLIS MN 55414 | LORI A REESE/TAMMY E EARLEY | RESIDENTIAL | $434,500 | 150 ft |
| 239 BEDFORD ST S E MINNEAPOLIS MN 55414 | J F ABUZZAHAB/T N SIMONSEN | RESIDENTIAL | $373,400 | 150 ft |
| 242 EMERALD ST S E MINNEAPOLIS MN 55414 | LAURA L HAVLINA-MADSEN TRUST | RESIDENTIAL | $245,200 | 153 ft |
| 240 EMERALD ST S E MINNEAPOLIS MN 55414 | DARLENE K MELCHER | RESIDENTIAL | $237,300 | 187 ft |
| 248 BEDFORD ST S E MINNEAPOLIS MN 55414 | JUDY M BRATT | RESIDENTIAL | $392,600 | 189 ft |
Most Recent Sale
Current Tax Year