5748 26TH AVE S MINNEAPOLIS MN 55417

PID: 2402824130159

Property Overview

Parcel ID2402824130159

Lot Size5,122 sq ft (0.118 ac)

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

Year Built1945

Property ClassRESIDENTIAL

OwnerJ M NOVACEK & J J NOVACEK

Assessed Value$341,100

Land Value$114,000

Building Value$227,100

Annual Tax$5,038

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

No permits found in Minneapolis open data for this parcel.

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%

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5744 26TH AVE S MINNEAPOLIS MN 55417	KOLE NYGAARD	RESIDENTIAL	$319,900	40 ft
5752 26TH AVE S MINNEAPOLIS MN 55417	KARLETTE P RIZZI	RESIDENTIAL	$276,900	40 ft
5740 26TH AVE S MINNEAPOLIS MN 55417	T LEHMAN & K LEHMAN	RESIDENTIAL	$290,300	80 ft
5756 26TH AVE S MINNEAPOLIS MN 55417	BRANDON WARREN	RESIDENTIAL	$311,700	80 ft
5736 26TH AVE S MINNEAPOLIS MN 55417	JESSE FORSELL	RESIDENTIAL	$304,400	120 ft
5749 25TH AVE S MINNEAPOLIS MN 55417	MATTHEW TEPP	RESIDENTIAL	$283,800	142 ft
5745 25TH AVE S MINNEAPOLIS MN 55417	CURTIS DOEDEN	RESIDENTIAL	$262,600	146 ft
5753 25TH AVE S MINNEAPOLIS MN 55417	C H JOHNSON & M JOHNSON	RESIDENTIAL	$236,300	148 ft
5732 26TH AVE S MINNEAPOLIS MN 55417	ELIZABETH LOOD	RESIDENTIAL	$239,700	160 ft
5741 25TH AVE S MINNEAPOLIS MN 55417	G D SHUMANN REVOCABLE TRUST	RESIDENTIAL	$295,000	161 ft

Property History

Most Recent Sale

Date198911

Price$66,000

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$5,038