5515 30TH AVE S MINNEAPOLIS MN 55417

PID: 2402824110044

Property Overview

Parcel ID2402824110044

Lot Size6,404 sq ft (0.147 ac)

Lot Dimensions (est.)128 ft wide × 50 ft deep

Year Built1953

Property ClassRESIDENTIAL

OwnerR D & C A TOSTENSON

Assessed Value$341,300

Land Value$138,000

Building Value$203,300

Annual Tax$5,042

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictNo

Development Opportunities

Qualified Census Tract (QCT)High

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 ↗

Potential programs

LIHTC 30% Basis BoostMedium

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.

Permit History

1 permit on record since 2024 · Most recent: Dec 2024 (res)

ResDec 2024Closed

CenterPoint Energy Resource Corp

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

Neighborhood Profile

Wenonah · Minneapolis

Median reported rent1,094/mo

Renter-occupied49.4%

Median home value$326K

Vacancy rate4.0%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 121.01

Market Snapshot

Zip code 55417

Median sale price$371K-4.4% YoY

Median price / sqft$244/sqft

Median days to close34 days

Active listings28

Source: Redfin Data Center (Invalid Date) · Zip 55417

Zoning

UN1Urban Neighborhood 1

Urban Neighborhood 1 — low-density residential

Typical Uses

·Single-family homes
·Duplexes
·Accessory dwelling units

Max Height35 ft

Development Potential

Setbacks

Front20 ft

Side (each)5 ft

Rear20 ft

Estimated Buildable Footprint

Buildable width40 ft

Buildable depth88 ft

Area~3,522 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Likely Infeasible

Back-of-envelope estimate based on sfr / adu benchmarks for 3,522 sqft buildable area.

Est. units

Yield on cost

2.1%

Spread

-3.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5517 30TH AVE S MINNEAPOLIS MN 55417	CONSTANCE JEAN JOHNSON	RESIDENTIAL	$341,800	50 ft
5509 30TH AVE S MINNEAPOLIS MN 55417	NATHAN DUNGAN/VICKIE FALES	RESIDENTIAL	$335,100	50 ft
5521 30TH AVE S MINNEAPOLIS MN 55417	SCOTT D HOLM	RESIDENTIAL	$368,600	100 ft
5505 30TH AVE S MINNEAPOLIS MN 55417	IH2 PROPERTY ILLINOIS LP	RESIDENTIAL	$341,600	100 ft
5512 NOKOMIS AVE S MINNEAPOLIS MN 55417	JENNA LYNN GLARNEAU ET AL	RESIDENTIAL	$310,300	142 ft
5516 NOKOMIS AVE S MINNEAPOLIS MN 55417	JULIANNA GERNES	RESIDENTIAL	$325,400	149 ft
5525 30TH AVE S MINNEAPOLIS MN 55417	EHREN BERGE/RICHARD BERGE JR	RESIDENTIAL	$305,600	150 ft
5501 30TH AVE S MINNEAPOLIS MN 55417	SHERYL LYKE	RESIDENTIAL	$315,600	150 ft
5508 NOKOMIS AVE S MINNEAPOLIS MN 55417	C CADWALLADER III/S MAST	RESIDENTIAL	$339,000	151 ft
5520 NOKOMIS AVE S MINNEAPOLIS MN 55417	T T HAGGERTY & M H NHEP	RESIDENTIAL	$334,800	172 ft

Property History

Most Recent Sale

Date198605

Price$74,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$5,042