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.
7 permits on record since 2019 · $33K total declared value · Most recent: Jul 2023 (existres)
Hoffman Refrigeration and Heating Ltd
Hoffman Refrigeration and Heating Ltd
Louie's Plumbing Company
Louie's Plumbing Company
BKMC
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 3,559 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 5445 31ST AVE S MINNEAPOLIS MN 55417 | MICHAEL WELCH/JACLYN SAWYER | RESIDENTIAL | $261,700 | 42 ft |
| 5453 31ST AVE S MINNEAPOLIS MN 55417 | LAURA LYNNE CRAMER | RESIDENTIAL | $300,600 | 43 ft |
| 5441 31ST AVE S MINNEAPOLIS MN 55417 | ANDREW RANCE & LAUREN RANCE | RESIDENTIAL | $328,700 | 85 ft |
| 5437 31ST AVE S MINNEAPOLIS MN 55417 | ARACELI RODRIGUEZ ET AL | RESIDENTIAL | $305,400 | 127 ft |
| 5501 31ST AVE S MINNEAPOLIS MN 55417 | MATTHEW S KOHS | RESIDENTIAL | $257,200 | 145 ft |
| 5448 32ND AVE S MINNEAPOLIS MN 55417 | PATRICIA L GIBBONS | RESIDENTIAL | $312,500 | 163 ft |
| 5452 32ND AVE S MINNEAPOLIS MN 55417 | HEATHER N GOSERUD | RESIDENTIAL | $271,000 | 168 ft |
| 5444 32ND AVE S MINNEAPOLIS MN 55417 | MCINTOSH VENTURES LLC | RESIDENTIAL | $362,600 | 169 ft |
| 5433 31ST AVE S MINNEAPOLIS MN 55417 | MARK J FREISEIS | RESIDENTIAL | $292,000 | 170 ft |
| 5440 32ND AVE S MINNEAPOLIS MN 55417 | TOM WATERMAN & MEGAN DEWEY | RESIDENTIAL | $267,400 | 185 ft |
Most Recent Sale
Current Tax Year