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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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.
9 permits on record since 2019 · $477K total declared value · Most recent: Dec 2023 (res)
All Climate Mechanical LLC
All Climate Mechanical LLC
Marchand Plumbing and Gas LLC
DIOR CONSULTING LLC
Rocksolid Construction Companies
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 2,641 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 5753 26TH AVE S MINNEAPOLIS MN 55417 | NORAH SULHEE THOMPSON ET AL | RESIDENTIAL | $321,200 | 40 ft |
| 5745 26TH AVE S MINNEAPOLIS MN 55417 | BETTY L DOUB | RESIDENTIAL | $274,900 | 40 ft |
| 5757 26TH AVE S MINNEAPOLIS MN 55417 | IH3 PROPERTY MINNESOTA LP | RESIDENTIAL | $288,300 | 80 ft |
| 5741 26TH AVE S MINNEAPOLIS MN 55417 | RHETT DAVID SCHAFFER | RESIDENTIAL | $350,100 | 80 ft |
| 5737 26TH AVE S MINNEAPOLIS MN 55417 | KALEB WEBER & LINDSEY OLSON | RESIDENTIAL | $298,700 | 120 ft |
| 5748 27TH AVE S MINNEAPOLIS MN 55417 | M L CORBETT/HOLLY M CORBETT | RESIDENTIAL | $259,800 | 142 ft |
| 5752 27TH AVE S MINNEAPOLIS MN 55417 | KEITH R PETERSON | RESIDENTIAL | $281,100 | 146 ft |
| 5744 27TH AVE S MINNEAPOLIS MN 55417 | C M LARSSON JR/J I CAMPBELL | RESIDENTIAL | $278,000 | 148 ft |
| 5733 26TH AVE S MINNEAPOLIS MN 55417 | MYC HOLDINGS LLC | RESIDENTIAL | $165,000 | 160 ft |
| 5756 27TH AVE S MINNEAPOLIS MN 55417 | JOSHUA D HOLLER | RESIDENTIAL | $279,400 | 161 ft |
Most Recent Sale
Current Tax Year