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.
5 permits on record since 2017 · $11K total declared value · Most recent: Nov 2025 (roofwind)
LARKINS CONSTRUCTION INC
Warners Stellian Co Inc
CenterPoint Energy Resource Corp
Warners Stellian Co Inc
TEAM MECHANICAL 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
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 6,431 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 5754 SANDER DR MINNEAPOLIS MN 55417 | OPM RENEWAL 2 LLC | APARTMENT | $435,000 | 76 ft |
| 5750 SANDER DR MINNEAPOLIS MN 55417 | THE SALVATION ARMY | APARTMENT | $0 | 130 ft |
| 3114 58TH ST E MINNEAPOLIS MN 55417 | DOMI PROPERTIES V LLC | APARTMENT | $891,000 | 134 ft |
| 5753 BOSSEN TER MINNEAPOLIS MN 55417 | AHMED ABDULLAH | LOW INCOME RENTAL | $463,000 | 153 ft |
| 5757 SANDER DR MINNEAPOLIS MN 55417 | SPENCER W POPE | CONDOMINIUM | $82,000 | 180 ft |
| 5757 SANDER DR MINNEAPOLIS MN 55417 | SPENCER POPE | CONDOMINIUM | $87,000 | 180 ft |
| 5757 SANDER DR MINNEAPOLIS MN 55417 | SPENCER W POPE | CONDOMINIUM | $80,000 | 180 ft |
| 5757 SANDER DR MINNEAPOLIS MN 55417 | SPENCER POPE | CONDOMINIUM | $82,000 | 180 ft |
| 5757 SANDER DR MINNEAPOLIS MN 55417 | SPENCER W POPE | CONDOMINIUM | $82,000 | 180 ft |
| 5757 SANDER DR MINNEAPOLIS MN 55417 | SPENCER POPE | CONDOMINIUM | $82,000 | 180 ft |
Most Recent Sale
Current Tax Year