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 2004 · $62K total declared value · Most recent: Feb 2021 (res)
CenterPoint Energy Resource Corp
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 small multifamily (2–4 units, wood frame) benchmarks for 2,090 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 5745 SANDER DR MINNEAPOLIS MN 55417 | LEBAN'S PROPERTIES LLC | APARTMENT | $390,000 | 67 ft |
| 5749 SANDER DR MINNEAPOLIS MN 55417 | D&P RENTALS LLC | APARTMENT | $453,000 | 116 ft |
| 5738 33RD AVE S MINNEAPOLIS MN 55417 | FORTUNATE HOMES LLC | APARTMENT | $548,000 | 121 ft |
| 5742 33RD AVE S MINNEAPOLIS MN 55417 | RUNQUS GRAY | APARTMENT | $424,000 | 121 ft |
| 5735 SANDER DR MINNEAPOLIS MN 55417 | KIRAN KAVATI | VACANT LAND-RESIDENTIAL | $114,000 | 135 ft |
| 5746 33RD AVE S MINNEAPOLIS MN 55417 | D & P RENTALS LLC | APARTMENT | $535,000 | 136 ft |
| 5734 SANDER DR MINNEAPOLIS MN 55417 | SERNEE LLC | APARTMENT | $1,066,000 | 162 ft |
| 5753 SANDER DR MINNEAPOLIS MN 55417 | 5753 SANDER LLC | APARTMENT | $453,000 | 166 ft |
| 5750 33RD AVE S MINNEAPOLIS MN 55417 | AMA PROPERTY GROUP LLC | APARTMENT | $490,000 | 167 ft |
| 5740 SANDER DR MINNEAPOLIS MN 55417 | OM HOUSING LLC | LOW INCOME RENTAL | $1,012,000 | 176 ft |
Most Recent Sale
Current Tax Year