5720 22ND AVE S MINNEAPOLIS MN 55417

PID: 2402824240091

Property Overview

Parcel ID2402824240091

Lot Size5,014 sq ft (0.115 ac)

Lot Dimensions (est.)126 ft wide × 40 ft deep

Year Built1950

Property ClassRESIDENTIAL

OwnerBEVERLY DELORES LARDY LIV TR

Assessed Value$316,700

Land Value$124,000

Building Value$192,700

Annual Tax$4,632

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

3 permits on record since 2017 · $5K total declared value · Most recent: Sep 2022 (existres)

ExistresSep 2022Closed

Ray N Welter Heating Co

MiscJul 2018Closed

$5K

SELA ROOFING AND REMODELING INC

ResMar 2017Closed

CENTERPOINT ENERGY

Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.

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 depth85 ft

Area~2,559 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 2,559 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
5716 22ND AVE S MINNEAPOLIS MN 55417	PETER L SCHOW	RESIDENTIAL	$187,000	40 ft
5724 22ND AVE S MINNEAPOLIS MN 55417	J C ROCK & MORGAN K OWENS	RESIDENTIAL	$646,000	40 ft
5712 22ND AVE S MINNEAPOLIS MN 55417	C E COLEMAN/M A O COLEMAN TR	RESIDENTIAL	$201,000	80 ft
5728 22ND AVE S MINNEAPOLIS MN 55417	DONNA M KELLMAN	RESIDENTIAL	$288,500	80 ft
5708 22ND AVE S MINNEAPOLIS MN 55417	MICHELE L SCOTT	RESIDENTIAL	$348,400	120 ft
5732 22ND AVE S MINNEAPOLIS MN 55417	ANTHONY ROSE & GRACE ROSE	RESIDENTIAL	$307,200	120 ft
5721 21ST AVE S MINNEAPOLIS MN 55417	C E COLEMAN/M A O COLEMAN TR	RESIDENTIAL	$201,000	139 ft
5717 21ST AVE S MINNEAPOLIS MN 55417	G A GALARNEAU & E GLASER	RESIDENTIAL	$356,500	144 ft
5725 21ST AVE S MINNEAPOLIS MN 55417	ERIK ADOLPHSON	RESIDENTIAL	$360,500	146 ft
5704 22ND AVE S MINNEAPOLIS MN 55417	BRIAN ALBERT BROWN	RESIDENTIAL	$177,000	160 ft

Property History

Current Tax Year

Year2026

Tax Due$4,632