5740 25TH AVE S MINNEAPOLIS MN 55417

PID: 2402824130127

Property Overview

Parcel ID2402824130127

Lot Size5,122 sq ft (0.118 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1951

Property ClassRESIDENTIAL

OwnerP A STUDENT & J COHEN

Assessed Value$321,500

Land Value$120,000

Building Value$201,500

Annual Tax$4,712

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

2 permits on record since 2018 · $16K total declared value · Most recent: Apr 2020 (res)

ResApr 2020Closed

Water Heaters Now Inc

MiscOct 2018Closed

$16K

SPOTLESS & SEAMLESS EXTERIORS

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 width30 ft

Buildable depth88 ft

Area~2,641 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 2,641 sqft buildable area.

Est. units

Yield on cost

2.7%

Spread

-2.8%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5736 25TH AVE S MINNEAPOLIS MN 55417	D & C GARRISON	RESIDENTIAL	$302,600	40 ft
5744 25TH AVE S MINNEAPOLIS MN 55417	COURTNEY CZAIA/TREVOR JELLUM	RESIDENTIAL	$292,600	40 ft
5732 25TH AVE S MINNEAPOLIS MN 55417	ROBERT D MCDONOUGH	RESIDENTIAL	$356,800	80 ft
5748 25TH AVE S MINNEAPOLIS MN 55417	L A WILE & P L RENSLEN	RESIDENTIAL	$267,000	80 ft
5728 25TH AVE S MINNEAPOLIS MN 55417	BENJAMIN JAMES PERRIER	RESIDENTIAL	$267,600	120 ft
5752 25TH AVE S MINNEAPOLIS MN 55417	STONE FAMILY TRUST	RESIDENTIAL	$310,800	120 ft
5741 24TH AVE S MINNEAPOLIS MN 55417	VICTORIA JEAN NORGREN LYNES	RESIDENTIAL	$312,800	142 ft
5737 24TH AVE S MINNEAPOLIS MN 55417	W CANNON-GUNN & M GUNN	RESIDENTIAL	$294,100	147 ft
5745 24TH AVE S MINNEAPOLIS MN 55417	GUSTAVO H PARAPI MOROCHO	RESIDENTIAL	$321,900	148 ft
5724 25TH AVE S MINNEAPOLIS MN 55417	ROBERT E SIXTA	RESIDENTIAL	$441,800	160 ft

Property History

Most Recent Sale

Date202104

Price$317,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,712