ParcelLens
Property Intelligence · Twin Cities
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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.
1 permit on record since 2019 · $12K total declared value · Most recent: Oct 2019 (roofwind)
HOFFMAN WEBER CONSTRUCTION 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
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 6,119 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 5739 BOSSEN TER MINNEAPOLIS MN 55417 | I-PROPERTIES LLC | APARTMENT | $675,000 | 89 ft |
| 5740 SANDER DR MINNEAPOLIS MN 55417 | OM HOUSING LLC | LOW INCOME RENTAL | $1,012,000 | 152 ft |
| 5745 BOSSEN TER MINNEAPOLIS MN 55417 | 5749 BOOSEN TERRACE -1 LLC | APARTMENT | $518,000 | 158 ft |
| 5734 SANDER DR MINNEAPOLIS MN 55417 | SERNEE LLC | APARTMENT | $1,066,000 | 174 ft |
| 5746 SANDER DR MINNEAPOLIS MN 55417 | THE SALVATION ARMY | APARTMENT | $0 | 193 ft |
| 5732 BOSSEN TER MINNEAPOLIS MN 55417 | CAPGROW HLDGS JV SUB X LLC | APARTMENT | $634,000 | 198 ft |
| 5749 BOSSEN TER MINNEAPOLIS MN 55417 | 5749 BOOSEN TERRACE 1 LLC | APARTMENT | $518,000 | 218 ft |
| 5738 BOSSEN TER MINNEAPOLIS MN 55417 | 5738 BOSSEN TERR LLC | APARTMENT | $1,041,000 | 227 ft |
| 5750 SANDER DR MINNEAPOLIS MN 55417 | THE SALVATION ARMY | APARTMENT | $0 | 242 ft |
| 5753 BOSSEN TER MINNEAPOLIS MN 55417 | AHMED ABDULLAH | LOW INCOME RENTAL | $463,000 | 273 ft |
Most Recent Sale
Current Tax Year