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 2020 · Most recent: Dec 2025 (res)
CenterPoint Energy Resource Corp
TEAM MECHANICAL 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 3,437 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 219 BEDFORD ST S E MINNEAPOLIS MN 55414 | W W CAMPBELL & I J TERRY | RESIDENTIAL | $458,300 | 50 ft |
| 225 BEDFORD ST S E MINNEAPOLIS MN 55414 | MANUCHEHR BASHIRI | RESIDENTIAL | $384,000 | 55 ft |
| 215 BEDFORD ST S E MINNEAPOLIS MN 55414 | SIGRID D COATS | RESIDENTIAL | $372,200 | 100 ft |
| 229 BEDFORD ST S E MINNEAPOLIS MN 55414 | RENE V DAWIS ETAL | RESIDENTIAL | $381,400 | 115 ft |
| 218 EMERALD ST S E MINNEAPOLIS MN 55414 | STEVE OLSON | RESIDENTIAL | $314,700 | 139 ft |
| 224 EMERALD ST S E MINNEAPOLIS MN 55414 | ANDREA L SAHLIN | RESIDENTIAL | $375,000 | 148 ft |
| 214 EMERALD ST S E MINNEAPOLIS MN 55414 | R F NYBERG & C R NYBERG | RESIDENTIAL | $362,000 | 149 ft |
| 209 BEDFORD ST S E MINNEAPOLIS MN 55414 | G & J BAUER | RESIDENTIAL | $444,300 | 150 ft |
| 212 EMERALD ST S E MINNEAPOLIS MN 55414 | KATIE TROTZKY/RANDALL SMITH | RESIDENTIAL | $298,000 | 174 ft |
| 233 BEDFORD ST S E MINNEAPOLIS MN 55414 | SISU INVESTMENT PARTNERS LLC | RESIDENTIAL-TWO UNIT | $518,500 | 175 ft |
Most Recent Sale
Current Tax Year