5444 33RD AVE S MINNEAPOLIS MN 55417

PID: 1902823220028

Property Overview

Parcel ID1902823220028

Lot Size6,207 sq ft (0.142 ac)

Lot Dimensions (est.)150 ft wide × 41 ft deep

Year Built1922

Property ClassRESIDENTIAL

OwnerMEGHAN DEVLIN

Assessed Value$254,900

Land Value$131,000

Building Value$123,900

Annual Tax$3,601

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

4 permits on record since 2017 · $16K total declared value · Most recent: Feb 2021 (res)

ResFeb 2021Closed

CenterPoint Energy Resource Corp

MiscSep 2019Closed

$8K

NOKOMIS ROOFING CO

MiscSep 2019Closed

$8K

NOKOMIS ROOFING CO

ResJul 2017Closed

Linn Star Transfer Inc

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

Neighborhood Profile

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

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width31 ft

Buildable depth111 ft

Area~3,451 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 sfr / adu benchmarks for 3,451 sqft buildable area.

Est. units

Yield on cost

2.1%

Spread

-3.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5446 33RD AVE S MINNEAPOLIS MN 55417	B D WATSON & J L WILLIAMS	VACANT LAND-RESIDENTIAL	$600	21 ft
5448 33RD AVE S MINNEAPOLIS MN 55417	ADAN PEREZ TORRES	RESIDENTIAL	$292,900	42 ft
5440 33RD AVE S MINNEAPOLIS MN 55417	B D WATSON & J L WILLIAMS	RESIDENTIAL	$327,800	43 ft
5452 33RD AVE S MINNEAPOLIS MN 55417	JULIUS AWES II	RESIDENTIAL	$341,200	84 ft
5436 33RD AVE S MINNEAPOLIS MN 55417	HEATHER VOCKE	RESIDENTIAL	$262,300	85 ft
5432 33RD AVE S MINNEAPOLIS MN 55417	FELIPE R CHAVIRA	RESIDENTIAL	$281,300	128 ft
5445 32ND AVE S MINNEAPOLIS MN 55417	CHRISTOPHER JOHN ZIMDARS	RESIDENTIAL	$290,400	163 ft
5449 32ND AVE S MINNEAPOLIS MN 55417	A M SOMERS & J A HAMMOND	RESIDENTIAL	$308,000	169 ft
5441 32ND AVE S MINNEAPOLIS MN 55417	S J GOODNOUGH & J REED	RESIDENTIAL	$289,900	169 ft
5430 33RD AVE S MINNEAPOLIS MN 55417	SPENCER W POPE	RESIDENTIAL	$224,600	170 ft

Property History

Most Recent Sale

Date201701

Price$158,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$3,601