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.
5 permits on record since 2017 · $20K total declared value · Most recent: Apr 2026 (misc)
LIBERTE CONSTRUCTION LLC
CenterPoint Energy Resource Corp
Norblom Plumbing Co
PRACTICAL SYSTEMS AND DUCTWORK HEATING AND COOLING
M S RELOCATION SERVICES 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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 4,650 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 204 BEDFORD ST S E MINNEAPOLIS MN 55414 | ERYN VINCENT/OWEN D VINCENT | RESIDENTIAL | $472,400 | 50 ft |
| 208 BEDFORD ST S E MINNEAPOLIS MN 55414 | S CASPERS & P SMULL | RESIDENTIAL-TWO UNIT | $465,500 | 101 ft |
| 180 BEDFORD ST S E MINNEAPOLIS MN 55414 | A MCDONALD & C MCDONALD | RESIDENTIAL | $410,800 | 117 ft |
| 201 CECIL ST S E MINNEAPOLIS MN 55414 | J G BRATT & M B BRATT | RESIDENTIAL | $376,200 | 132 ft |
| 205 CECIL ST S E MINNEAPOLIS MN 55414 | BRUCE P BRAUN | RESIDENTIAL | $358,300 | 143 ft |
| 212 BEDFORD ST S E MINNEAPOLIS MN 55414 | BETH P JARRETT | RESIDENTIAL | $339,200 | 150 ft |
| 211 CECIL ST S E MINNEAPOLIS MN 55414 | A J WRIGHT & J R HUSNEY | RESIDENTIAL | $485,600 | 155 ft |
| 147 CECIL ST S E MINNEAPOLIS MN 55414 | E SPENCER-KAPLAN & R KAPLAN | RESIDENTIAL | $477,800 | 165 ft |
| 172 BEDFORD ST S E MINNEAPOLIS MN 55414 | YUE WU & CASEY PERRY | RESIDENTIAL | $381,600 | 185 ft |
| 215 CECIL ST S E MINNEAPOLIS MN 55414 | A ALARCON & C A A GAYON | RESIDENTIAL | $458,000 | 192 ft |
Most Recent Sale
Current Tax Year