5753 26TH AVE S MINNEAPOLIS MN 55417

PID: 2402824130193

Property Overview

Parcel ID2402824130193

Lot Size5,122 sq ft (0.118 ac)

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

Year Built1945

Property ClassRESIDENTIAL

OwnerNORAH SULHEE THOMPSON ET AL

Assessed Value$321,200

Land Value$106,000

Building Value$215,200

Annual Tax$4,707

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

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

2.8%

Spread

-2.7%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5757 26TH AVE S MINNEAPOLIS MN 55417	IH3 PROPERTY MINNESOTA LP	RESIDENTIAL	$288,300	40 ft
5749 26TH AVE S MINNEAPOLIS MN 55417	ART INVESTMENT GROUP LLC	TRIPLEX	$1,101,300	40 ft
5745 26TH AVE S MINNEAPOLIS MN 55417	BETTY L DOUB	RESIDENTIAL	$274,900	80 ft
5741 26TH AVE S MINNEAPOLIS MN 55417	RHETT DAVID SCHAFFER	RESIDENTIAL	$350,100	120 ft
5752 27TH AVE S MINNEAPOLIS MN 55417	KEITH R PETERSON	RESIDENTIAL	$281,100	142 ft
5756 27TH AVE S MINNEAPOLIS MN 55417	JOSHUA D HOLLER	RESIDENTIAL	$279,400	147 ft
5748 27TH AVE S MINNEAPOLIS MN 55417	M L CORBETT/HOLLY M CORBETT	RESIDENTIAL	$259,800	148 ft
5737 26TH AVE S MINNEAPOLIS MN 55417	KALEB WEBER & LINDSEY OLSON	RESIDENTIAL	$298,700	160 ft
5744 27TH AVE S MINNEAPOLIS MN 55417	C M LARSSON JR/J I CAMPBELL	RESIDENTIAL	$278,000	164 ft
5752 26TH AVE S MINNEAPOLIS MN 55417	KARLETTE P RIZZI	RESIDENTIAL	$276,900	188 ft

Property History

Most Recent Sale

Date202301

Price$320,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,707