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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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.
2 permits on record since 2018 · $4K total declared value · Most recent: Jan 2026 (commercial minor)
All Ways Drains Ltd
Binder Heating and Air Conditioning Inc
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 3 — medium-density residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 3-story wood frame (5–12 units) benchmarks for 50,534 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 5732 BOSSEN TER MINNEAPOLIS MN 55417 | CAPGROW HLDGS JV SUB X LLC | APARTMENT | $634,000 | 250 ft |
| 5633 31ST AVE S MINNEAPOLIS MN 55417 | MICHAEL ANDREW BRODY | RESIDENTIAL | $230,600 | 279 ft |
| 5733 BOSSEN TER MINNEAPOLIS MN 55417 | LE PROPERTIES LLC | APARTMENT | $681,000 | 295 ft |
| 5710 BOSSEN TER MINNEAPOLIS MN 55417 | BOSSEN PARK LTD PTRNSHP | APARTMENT | $4,170,000 | 310 ft |
| 5629 31ST AVE S MINNEAPOLIS MN 55417 | D SENGUPTA & S SENGUPTA | RESIDENTIAL | $357,400 | 319 ft |
| 5632 32ND AVE S MINNEAPOLIS MN 55417 | MARIA R GUAMAN CABRERA | RESIDENTIAL | $352,800 | 320 ft |
| 5738 BOSSEN TER MINNEAPOLIS MN 55417 | 5738 BOSSEN TERR LLC | APARTMENT | $1,041,000 | 349 ft |
| 5628 32ND AVE S MINNEAPOLIS MN 55417 | CARRIE WALLS/JOSEPH BOGNAR | RESIDENTIAL | $255,000 | 356 ft |
| 5739 BOSSEN TER MINNEAPOLIS MN 55417 | I-PROPERTIES LLC | APARTMENT | $675,000 | 358 ft |
| 5625 31ST AVE S MINNEAPOLIS MN 55417 | SCOTT W ZEMPEL | RESIDENTIAL | $272,000 | 359 ft |
Most Recent Sale
Current Tax Year