5433 33RD AVE S MINNEAPOLIS MN 55417

PID: 1902823220012

Property Overview

Parcel ID1902823220012

Lot Size6,294 sq ft (0.144 ac)

Lot Dimensions (est.)148 ft wide × 42 ft deep

Year Built1924

Property ClassRESIDENTIAL

OwnerWHEELER HOLDING COMPANY LLC

Assessed Value$267,600

Land Value$129,000

Building Value$138,600

Annual Tax$4,127

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

7 permits on record since 2018 · $22K total declared value · Most recent: Jul 2021 (existres)

ExistresJul 2021Closed

McQuillan Bros Plumbing Heating & AC LLC

MiscMar 2021Closed

$16K

CUSTOM REMODELERS LLC

ResFeb 2021Closed

CenterPoint Energy Resource Corp

MiscFeb 2020Closed

$1K

AA Garage Door LLC

MiscOct 2018Closed

$5K

AZTEC EXTERIORS LLC

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

Neighborhood Profile

Wenonah · Minneapolis

Median reported rent1,094/mo

Renter-occupied49.4%

Median home value$326K

Vacancy rate4.0%

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

Source: 2022 ACS 5-Year Estimates · Census Tract 121.01

Market Snapshot

Zip code 55417

Median sale price$371K-4.4% YoY

Median price / sqft$244/sqft

Median days to close34 days

Active listings28

Source: Redfin Data Center (Invalid Date) · Zip 55417

Zoning

UN2Urban Neighborhood 2

Urban Neighborhood 2 — moderate-density residential

Typical Uses

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

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width32 ft

Buildable depth110 ft

Area~3,512 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 3,512 sqft buildable area.

Est. units

Yield on cost

3.7%

Spread

-1.8%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5429 33RD AVE S MINNEAPOLIS MN 55417	BECKY A & KEVIN W NORTHRUP	RESIDENTIAL	$250,200	42 ft
5437 33RD AVE S MINNEAPOLIS MN 55417	JUSTIN P READHEAD	RESIDENTIAL	$350,800	43 ft
5441 33RD AVE S MINNEAPOLIS MN 55417	ALLIE PALMER & LUCAS HURTLEY	RESIDENTIAL	$311,500	85 ft
5425 33RD AVE S MINNEAPOLIS MN 55417	PAUL KNIGGE	RESIDENTIAL	$351,400	85 ft
5421 33RD AVE S MINNEAPOLIS MN 55417	ROBERT M HILL	RESIDENTIAL	$267,800	127 ft
5449 33RD AVE S MINNEAPOLIS MN 55417	B NORMAN & J C NORMAN	RESIDENTIAL	$258,600	128 ft
5430 34TH AVE S MINNEAPOLIS MN 55417	DELEGARD NOKOMIS PROPERTIES	APARTMENT	$5,642,000	168 ft
5453 33RD AVE S MINNEAPOLIS MN 55417	JACALYN KAY BARNSTUBLE	RESIDENTIAL	$295,500	170 ft
5432 33RD AVE S MINNEAPOLIS MN 55417	FELIPE R CHAVIRA	RESIDENTIAL	$281,300	208 ft
5430 33RD AVE S MINNEAPOLIS MN 55417	SPENCER W POPE	RESIDENTIAL	$224,600	212 ft

Property History

Most Recent Sale

Date202410

Price$270,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,127