5712 27TH AVE S MINNEAPOLIS MN 55417

PID: 2402824130180

Property Overview

Parcel ID2402824130180

Lot Size5,121 sq ft (0.118 ac)

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

Year Built1949

Property ClassRESIDENTIAL

OwnerRAHEL MEKONNEN

Assessed Value$357,600

Land Value$120,000

Building Value$237,600

Annual Tax$5,313

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~2,640 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 2,640 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
5708 27TH AVE S MINNEAPOLIS MN 55417	D J PAVEL & K A JOHNSON	RESIDENTIAL	$328,400	40 ft
5716 27TH AVE S MINNEAPOLIS MN 55417	T M JOPEK & H J DONNAY	RESIDENTIAL	$320,900	40 ft
5704 27TH AVE S MINNEAPOLIS MN 55417	A BURSTEIN & K BURSTEIN	RESIDENTIAL	$402,600	80 ft
5720 27TH AVE S MINNEAPOLIS MN 55417	T D MOEN & J F MOEN	RESIDENTIAL	$340,500	80 ft
5724 27TH AVE S MINNEAPOLIS MN 55417	KAY TISDELL & NIGEL MELVIN	RESIDENTIAL	$318,600	120 ft
5700 27TH AVE S MINNEAPOLIS MN 55417	S J SHUKAREY & Z F DUBIE	RESIDENTIAL	$283,900	121 ft
5713 26TH AVE S MINNEAPOLIS MN 55417	TIMOTHY J TOYEN	RESIDENTIAL	$306,300	142 ft
5709 26TH AVE S MINNEAPOLIS MN 55417	DEONDRA SHANTEL TAYLOR	RESIDENTIAL	$223,400	146 ft
5717 26TH AVE S MINNEAPOLIS MN 55417	REBECCA A GUENTHER	RESIDENTIAL	$312,900	148 ft
5728 27TH AVE S MINNEAPOLIS MN 55417	KENNETH DEAN WILLIAMS	RESIDENTIAL	$285,700	160 ft

Property History

Most Recent Sale

Date202212

Price$305,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,313