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.
4 permits on record since 2019 · $148K total declared value · Most recent: May 2026 (addition)
MBD Neighborhood Building LLC
WESTERN CONSTRUCTION INC
CenterPoint Energy Resource Corp
Ray N Welter Heating Co
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 1 — low-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 sfr / adu benchmarks for 3,560 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 5415 32ND AVE S MINNEAPOLIS MN 55417 | JINGHAN QU | RESIDENTIAL | $249,000 | 42 ft |
| 5405 32ND AVE S MINNEAPOLIS MN 55417 | MARIA E ZUMARRAGA | RESIDENTIAL | $300,100 | 43 ft |
| 5417 32ND AVE S MINNEAPOLIS MN 55417 | SHARON A ROST | RESIDENTIAL | $250,600 | 85 ft |
| 5401 32ND AVE S MINNEAPOLIS MN 55417 | A M SEXTON & M W SEXTON | RESIDENTIAL | $326,900 | 86 ft |
| 5423 32ND AVE S MINNEAPOLIS MN 55417 | KIRSTEN U HOECHST | RESIDENTIAL | $311,100 | 127 ft |
| 3217 54TH ST E MINNEAPOLIS MN 55417 | C MCLELLAND & H MCLELLAND | RESIDENTIAL | $339,100 | 142 ft |
| 5410 33RD AVE S MINNEAPOLIS MN 55417 | M BOVENIZER & T BOVENIZER | RESIDENTIAL | $287,100 | 163 ft |
| 5414 33RD AVE S MINNEAPOLIS MN 55417 | TIMOTHY S JOHNSON | RESIDENTIAL | $221,000 | 168 ft |
| 5425 32ND AVE S MINNEAPOLIS MN 55417 | KRISTOPHER WINKELMAN | RESIDENTIAL | $278,000 | 170 ft |
| 5416 33RD AVE S MINNEAPOLIS MN 55417 | ROBERT BARCLAY | RESIDENTIAL | $273,100 | 183 ft |
Most Recent Sale
Current Tax Year