5732 21ST AVE S MINNEAPOLIS MN 55417

PID: 2402824230106

Property Overview

Parcel ID2402824230106

Lot Size5,142 sq ft (0.118 ac)

Lot Dimensions (est.)129 ft wide × 40 ft deep

Year Built1933

Property ClassRESIDENTIAL

OwnerJED M & A K RETHERFORD TRUST

Assessed Value$382,000

Land Value$126,000

Building Value$256,000

Annual Tax$5,720

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 depth89 ft

Area~2,655 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 2,655 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
5728 21ST AVE S MINNEAPOLIS MN 55417	LAUREN LARSON	RESIDENTIAL	$341,000	40 ft
5736 21ST AVE S MINNEAPOLIS MN 55417	RICHARD A BOEKE	RESIDENTIAL	$312,800	40 ft
5724 21ST AVE S MINNEAPOLIS MN 55417	C D & L BURROW	RESIDENTIAL	$388,700	80 ft
5740 21ST AVE S MINNEAPOLIS MN 55417	SUSAN KUTZ	RESIDENTIAL	$316,300	80 ft
5720 21ST AVE S MINNEAPOLIS MN 55417	H WYDEVEN & J KAPLAN	RESIDENTIAL	$340,500	120 ft
5744 21ST AVE S MINNEAPOLIS MN 55417	JESSICA K SCHULTZ	RESIDENTIAL	$332,700	120 ft
5733 20TH AVE S MINNEAPOLIS MN 55417	C LAKNESS & A M BLOMGREN	RESIDENTIAL	$326,300	140 ft
5729 20TH AVE S MINNEAPOLIS MN 55417	J M BECERRA JR/J D CHAPMAN	RESIDENTIAL	$335,000	144 ft
5737 20TH AVE S MINNEAPOLIS MN 55417	J D DUKE & Z J DUKE	RESIDENTIAL	$344,200	147 ft
5725 20TH AVE S MINNEAPOLIS MN 55417	GENEVIEVE KAESS	RESIDENTIAL	$166,000	159 ft

Property History

Most Recent Sale

Date200705

Price$262,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,720