3152 17TH AVE S MINNEAPOLIS MN 55407

PID: 0202824110194

Property Overview

Parcel ID0202824110194

Lot Size15,726 sq ft (0.361 ac)

Lot Dimensions (est.)123 ft wide × 128 ft deep

Year Built1910

Property ClassRESIDENTIAL

OwnerLATVIAN EVAN LUTH CH

Assessed Value$156,300

Land Value$1,600

Building Value$127,500

Annual Tax$4,684

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Qualified Census Tract (QCT)High

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 ↗

Potential programs

LIHTC 30% Basis BoostMedium

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.

Permit History

9 permits on record since 2017 · $71K total declared value · Most recent: Oct 2023 (remodel)

RemodelOct 2023Expired

$5K

SELA ROOFING AND REMODELING INC

AdditionDec 2022Closed

$20K

SELA ROOFING AND REMODELING INC

RemodelOct 2022Closed

$34K

SELA ROOFING AND REMODELING INC

ResFeb 2022Closed

CenterPoint Energy Resource Corp

ComnofdbvOct 2019Closed

CASTLE MASTER MECHANICAL

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Powderhorn Park · Minneapolis

Median reported rent1,157/mo

Renter-occupied51.4%

Median home value$305K

Vacancy rate5.2%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 85

Market Snapshot

Zip code 55407

Median sale price$340K+1.5% YoY

Median price / sqft$214/sqft

Median days to close22 days

Active listings49

Source: Redfin Data Center (Invalid Date) · Zip 55407

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

·Duplexes
·Triplexes
·Small apartment buildings (≤4 units)

Max Height35 ft

Development Potential

Front Street

On corner lots, the selected street determines which setbacks apply to each side.

Setbacks

Front20 ft

Interior side5 ft

Street side (est.)8 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width110 ft

Buildable depth88 ft

Area~9,506 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Likely Infeasible

Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 9,506 sqft buildable area.

Est. units

Yield on cost

4.4%

Spread

-1.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3140 17TH AVE S MINNEAPOLIS MN 55407	MORIAH SMITH	RESIDENTIAL-TWO UNIT	$396,500	85 ft
3136 17TH AVE S MINNEAPOLIS MN 55407	TODD J LARAMY	RESIDENTIAL	$346,300	127 ft
3149 16TH AVE S MINNEAPOLIS MN 55407	J J GRAVES & B M KELLY	RESIDENTIAL	$320,100	136 ft
3153 16TH AVE S MINNEAPOLIS MN 55407	COLIN DAVIS & KALAN K DAVIS	RESIDENTIAL	$341,000	142 ft
3145 16TH AVE S MINNEAPOLIS MN 55407	B L PETERSON & H TRAN	RESIDENTIAL	$305,100	143 ft
3141 16TH AVE S MINNEAPOLIS MN 55407	LUCY A TOBIN & WIL T BUBLITZ	RESIDENTIAL	$351,800	161 ft
3200 17TH AVE S MINNEAPOLIS MN 55407	W P MURPHY & K M TEPPER	RESIDENTIAL	$375,200	166 ft
3134 17TH AVE S MINNEAPOLIS MN 55407	JAMES G OVERSTREET ET AL	RESIDENTIAL-TWO UNIT	$346,500	169 ft
3137 16TH AVE S MINNEAPOLIS MN 55407	JASON MCCORD EYBERG	RESIDENTIAL-TWO UNIT	$342,400	186 ft
1611 32ND ST E MINNEAPOLIS MN 55407	LINDA MCFARLAND	RESIDENTIAL	$217,200	195 ft

Property History

Current Tax Year

Year2026

Tax Due$4,684