5617 33RD AVE S MINNEAPOLIS MN 55417

PID: 1902823230018

Property Overview

Parcel ID1902823230018

Lot Size5,916 sq ft (0.136 ac)

Lot Dimensions (est.)148 ft wide × 40 ft deep

Year Built1927

Property ClassRESIDENTIAL

OwnerBRYAN D CARVER

Assessed Value$211,400

Land Value$127,000

Building Value$84,400

Annual Tax$2,876

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

2 permits on record since 2024 · Most recent: Jul 2024 (res)

ResJul 2024Closed

CenterPoint Energy Resource Corp

ResMay 2024Closed

MN PLUMBING PRO 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 width30 ft

Buildable depth108 ft

Area~3,237 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 3,237 sqft buildable area.

Est. units

Yield on cost

4.0%

Spread

-1.5%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5621 33RD AVE S MINNEAPOLIS MN 55417	DARIN P GIEDD	RESIDENTIAL	$323,900	40 ft
5615 33RD AVE S MINNEAPOLIS MN 55417	DAI K VU	RESIDENTIAL	$312,000	40 ft
5625 33RD AVE S MINNEAPOLIS MN 55417	M MURRAY & J STRAHAN	RESIDENTIAL	$320,100	80 ft
5609 33RD AVE S MINNEAPOLIS MN 55417	SEAN M DUNNE & SARAH M CAREW	RESIDENTIAL	$389,500	80 ft
5629 33RD AVE S MINNEAPOLIS MN 55417	JEFFREY C DEGE	RESIDENTIAL	$313,900	120 ft
5605 33RD AVE S MINNEAPOLIS MN 55417	MAO LOR VANG	RESIDENTIAL	$338,300	120 ft
5633 33RD AVE S MINNEAPOLIS MN 55417	MATHILDA STEVENSON	RESIDENTIAL	$316,900	160 ft
5601 33RD AVE S MINNEAPOLIS MN 55417	MADELEINE D WOLF	RESIDENTIAL	$309,700	161 ft
5616 34TH AVE S MINNEAPOLIS MN 55417	LINDA J SZYMANSKI	RESIDENTIAL-TWO UNIT	$403,000	162 ft
5620 34TH AVE S MINNEAPOLIS MN 55417	5620 34TH AVE LLC	RESIDENTIAL	$445,300	166 ft

Property History

Most Recent Sale

Date202406

Price$224,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$2,876