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 ↗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.
6 permits on record since 2019 · $15K total declared value · Most recent: Oct 2025 (existres)
K & S Heating Air Conditioning & Plumbing Inc
UNGERMAN INC
Warners Stellian Co Inc
Hero Home Services LLC
Minnesota Rusco 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 1 — low-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 sfr / adu benchmarks for 2,640 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 5716 25TH AVE S MINNEAPOLIS MN 55417 | DAVID SWANSON & ANN SWANSON | RESIDENTIAL | $321,200 | 40 ft |
| 5724 25TH AVE S MINNEAPOLIS MN 55417 | ROBERT E SIXTA | RESIDENTIAL | $441,800 | 40 ft |
| 5712 25TH AVE S MINNEAPOLIS MN 55417 | JACOB VILLAS | RESIDENTIAL | $325,500 | 80 ft |
| 5728 25TH AVE S MINNEAPOLIS MN 55417 | BENJAMIN JAMES PERRIER | RESIDENTIAL | $267,600 | 80 ft |
| 5708 25TH AVE S MINNEAPOLIS MN 55417 | CHRISTOPHER B LAKEY ET AL | RESIDENTIAL | $321,300 | 120 ft |
| 5732 25TH AVE S MINNEAPOLIS MN 55417 | ROBERT D MCDONOUGH | RESIDENTIAL | $356,800 | 120 ft |
| 5721 24TH AVE S MINNEAPOLIS MN 55417 | C GAITHER & K GAITHER | RESIDENTIAL | $299,000 | 142 ft |
| 5717 24TH AVE S MINNEAPOLIS MN 55417 | ROSE LUTZ | RESIDENTIAL | $305,700 | 147 ft |
| 5725 24TH AVE S MINNEAPOLIS MN 55417 | G BROWN & E M BROWN | RESIDENTIAL | $296,800 | 148 ft |
| 5704 25TH AVE S MINNEAPOLIS MN 55417 | NATALIE HAYES | RESIDENTIAL | $373,000 | 160 ft |
Most Recent Sale
Current Tax Year