5628 33RD AVE S MINNEAPOLIS MN 55417

PID: 1902823230029

Property Overview

Parcel ID1902823230029

Lot Size5,976 sq ft (0.137 ac)

Lot Dimensions (est.)149 ft wide × 40 ft deep

Year Built1948

Property ClassRESIDENTIAL

OwnerIH2 PROPERTY ILLINOIS LP

Assessed Value$324,600

Land Value$127,000

Building Value$197,600

Annual Tax$5,006

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

No permits found in Minneapolis open data for this parcel.

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

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 width30 ft

Buildable depth109 ft

Area~3,282 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 3,282 sqft buildable area.

Est. units

Yield on cost

2.2%

Spread

-3.3%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5624 33RD AVE S MINNEAPOLIS MN 55417	B W ISRAELSON & R J MACHONES	RESIDENTIAL	$297,800	40 ft
5632 33RD AVE S MINNEAPOLIS MN 55417	ANGEL M FONSECA	RESIDENTIAL	$316,800	40 ft
5620 33RD AVE S MINNEAPOLIS MN 55417	KARLA M KAPAUN	RESIDENTIAL	$319,000	80 ft
5616 33RD AVE S MINNEAPOLIS MN 55417	AUSTIN JOE HENDRICKSON	RESIDENTIAL	$359,900	120 ft
5625 32ND AVE S MINNEAPOLIS MN 55417	K P THORNTON & L H THORNTON	RESIDENTIAL	$414,900	165 ft
5633 32ND AVE S MINNEAPOLIS MN 55417	SHELDON L BISMARK	RESIDENTIAL	$294,000	166 ft
5612 33RD AVE S MINNEAPOLIS MN 55417	AUSTIN HENDRICKSON	RESIDENTIAL	$217,000	170 ft
5621 32ND AVE S MINNEAPOLIS MN 55417	KATHY ANN ZOCHER	RESIDENTIAL	$315,900	181 ft
5617 32ND AVE S MINNEAPOLIS MN 55417	KAMIKO HIGASHI	RESIDENTIAL	$332,600	201 ft
5629 33RD AVE S MINNEAPOLIS MN 55417	JEFFREY C DEGE	RESIDENTIAL	$313,900	208 ft

Property History

Most Recent Sale

Date201306

Price$195,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,006