3456 17TH AVE S MINNEAPOLIS MN 55407

PID: 0202824410226

Property Overview

Parcel ID0202824410226

Lot Size6,696 sq ft (0.154 ac)

Lot Dimensions (est.)122 ft wide × 55 ft deep

Year Built1900

Property ClassRESIDENTIAL

OwnerPATRICIA E WINICK

Assessed Value$239,200

Land Value$91,000

Building Value$148,200

Annual Tax$3,224

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

5 permits on record since 2017 · $33K total declared value · Most recent: Feb 2025 (remodel)

RemodelFeb 2025Closed

$6K

AMERICAN WATERWORKS

MiscJan 2025Closed

$15K

eRoof LLC

ExistresJul 2023Closed

Standard Heating and Air Conditioning Inc

ResFeb 2022Closed

CenterPoint Energy Resource Corp

MiscApr 2017Closed

$12K

CG LEGVOLD CONSTRUCTION INC

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 width109 ft

Buildable depth15 ft

Area~3,433 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 3,433 sqft buildable area.

Est. units

Yield on cost

3.8%

Spread

-1.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
3448 17TH AVE S MINNEAPOLIS MN 55407	JOSHUA O'TOOL/JESSICA O'TOOL	RESIDENTIAL	$300,400	55 ft
3444 17TH AVE S MINNEAPOLIS MN 55407	D J & M L GROOS	RESIDENTIAL	$306,700	103 ft
3500 17TH AVE S MINNEAPOLIS MN 55407	A T HAGER & J R MULLIS	RESIDENTIAL	$248,600	108 ft
3457 16TH AVE S MINNEAPOLIS MN 55407	E M JIMENEZ & A JIMENEZ	RESIDENTIAL	$186,800	136 ft
3453 16TH AVE S MINNEAPOLIS MN 55407	CHRIS DUREN	RESIDENTIAL-TWO UNIT	$320,300	138 ft
3438 17TH AVE S MINNEAPOLIS MN 55407	J FIELDSTROM & K FIELDSTROM	RESIDENTIAL-TWO UNIT	$474,800	143 ft
3504 17TH AVE S MINNEAPOLIS MN 55407	RAHSAAN S WHITE	RESIDENTIAL	$256,900	147 ft
3449 16TH AVE S MINNEAPOLIS MN 55407	K S JOHNSTAD & W H RICHMOND	RESIDENTIAL	$353,700	150 ft
3447 16TH AVE S MINNEAPOLIS MN 55407	N G BITHER & E OLK	RESIDENTIAL	$287,600	171 ft
3501 16TH AVE S MINNEAPOLIS MN 55407	J M THORNTON & T A JOHNSON	RESIDENTIAL-TWO UNIT	$443,000	172 ft

Property History

Current Tax Year

Year2026

Tax Due$3,224