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.
3 permits on record since 2020 · $7K total declared value · Most recent: Nov 2025 (res)
Paul Bunyan Plumbing, LLC
LEGACY RESTORATION LLC
CenterPoint Energy Resource Corp
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Wenonah · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 121.01
Zip code 55417
Source: Redfin Data Center (Invalid Date) · Zip 55417
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 3,512 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 5449 33RD AVE S MINNEAPOLIS MN 55417 | B NORMAN & J C NORMAN | RESIDENTIAL | $258,600 | 42 ft |
| 5457 33RD AVE S MINNEAPOLIS MN 55417 | PAMELA MARIE SLETTEN | RESIDENTIAL | $341,600 | 43 ft |
| 5441 33RD AVE S MINNEAPOLIS MN 55417 | ALLIE PALMER & LUCAS HURTLEY | RESIDENTIAL | $311,500 | 85 ft |
| 5437 33RD AVE S MINNEAPOLIS MN 55417 | JUSTIN P READHEAD | RESIDENTIAL | $350,800 | 127 ft |
| 5501 33RD AVE S MINNEAPOLIS MN 55417 | I M ABREGO & S A A Y CHALINI | RESIDENTIAL | $337,700 | 145 ft |
| 5450 34TH AVE S MINNEAPOLIS MN 55417 | DELEGARD MINNEHAHA PROPERTIE | APARTMENT | $2,006,000 | 162 ft |
| 5433 33RD AVE S MINNEAPOLIS MN 55417 | WHEELER HOLDING COMPANY LLC | RESIDENTIAL | $267,600 | 170 ft |
| 5505 33RD AVE S MINNEAPOLIS MN 55417 | FEKADU BELAY ALEMU | RESIDENTIAL | $313,400 | 188 ft |
| 5448 33RD AVE S MINNEAPOLIS MN 55417 | ADAN PEREZ TORRES | RESIDENTIAL | $292,900 | 209 ft |
| 5429 33RD AVE S MINNEAPOLIS MN 55417 | BECKY A & KEVIN W NORTHRUP | RESIDENTIAL | $250,200 | 212 ft |
Most Recent Sale
Current Tax Year