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.
4 permits on record since 2019 · $51K total declared value · Most recent: Sep 2025 (commercial minor)
MN Plumbing & Home Services INC
MINNESOTA EXTERIORS COMMERCIAL LLC
THINK STUCCO
Asap Underground 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
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 5,788 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 5750 BOSSEN TER MINNEAPOLIS MN 55417 | 5750 BOSSEN LLC | APARTMENT | $1,011,000 | 116 ft |
| 3114 58TH ST E MINNEAPOLIS MN 55417 | DOMI PROPERTIES V LLC | APARTMENT | $891,000 | 174 ft |
| 5753 BOSSEN TER MINNEAPOLIS MN 55417 | AHMED ABDULLAH | LOW INCOME RENTAL | $463,000 | 191 ft |
| 5749 BOSSEN TER MINNEAPOLIS MN 55417 | 5749 BOOSEN TERRACE 1 LLC | APARTMENT | $518,000 | 219 ft |
| 5738 BOSSEN TER MINNEAPOLIS MN 55417 | 5738 BOSSEN TERR LLC | APARTMENT | $1,041,000 | 241 ft |
| 5745 BOSSEN TER MINNEAPOLIS MN 55417 | 5749 BOOSEN TERRACE -1 LLC | APARTMENT | $518,000 | 260 ft |
| 3126 58TH ST E MINNEAPOLIS MN 55417 | 3126 MNWA LLC | APARTMENT | $837,000 | 308 ft |
| 5739 BOSSEN TER MINNEAPOLIS MN 55417 | I-PROPERTIES LLC | APARTMENT | $675,000 | 317 ft |
| 5754 SANDER DR MINNEAPOLIS MN 55417 | OPM RENEWAL 2 LLC | APARTMENT | $435,000 | 318 ft |
| 5750 SANDER DR MINNEAPOLIS MN 55417 | THE SALVATION ARMY | APARTMENT | $0 | 336 ft |
Most Recent Sale
Current Tax Year