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 2021 · $10K total declared value · Most recent: Mar 2022 (roofwind)
AHR CONSTRUCTION INC
Lake State Plumbing LLC
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
Corner-lot envelopes may require contextual setback review and should be treated as planning estimates.
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 5,817 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 5740 SANDER DR MINNEAPOLIS MN 55417 | OM HOUSING LLC | LOW INCOME RENTAL | $1,012,000 | 96 ft |
| 5737 SANDER DR MINNEAPOLIS MN 55417 | 5737 SANDER LLC | APARTMENT | $465,000 | 162 ft |
| 5746 SANDER DR MINNEAPOLIS MN 55417 | THE SALVATION ARMY | APARTMENT | $0 | 167 ft |
| 5733 BOSSEN TER MINNEAPOLIS MN 55417 | LE PROPERTIES LLC | APARTMENT | $681,000 | 174 ft |
| 5745 SANDER DR MINNEAPOLIS MN 55417 | LEBAN'S PROPERTIES LLC | APARTMENT | $390,000 | 202 ft |
| 5739 BOSSEN TER MINNEAPOLIS MN 55417 | I-PROPERTIES LLC | APARTMENT | $675,000 | 213 ft |
| 5750 SANDER DR MINNEAPOLIS MN 55417 | THE SALVATION ARMY | APARTMENT | $0 | 223 ft |
| 5735 SANDER DR MINNEAPOLIS MN 55417 | KIRAN KAVATI | VACANT LAND-RESIDENTIAL | $114,000 | 236 ft |
| 5749 SANDER DR MINNEAPOLIS MN 55417 | D&P RENTALS LLC | APARTMENT | $453,000 | 244 ft |
| 5738 33RD AVE S MINNEAPOLIS MN 55417 | FORTUNATE HOMES LLC | APARTMENT | $548,000 | 251 ft |
Most Recent Sale
Current Tax Year