5732 23RD AVE S MINNEAPOLIS MN 55417

PID: 2402824240153

Property Overview

Parcel ID2402824240153

Lot Size5,017 sq ft (0.115 ac)

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

Year Built1940

Property ClassRESIDENTIAL

OwnerMIGUEL GUTIERREZ

Assessed Value$318,900

Land Value$124,000

Building Value$194,900

Annual Tax$5,397

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 depth85 ft

Area~2,562 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 2,562 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
5728 23RD AVE S MINNEAPOLIS MN 55417	CHRISTIAN CONWAY	RESIDENTIAL	$344,400	40 ft
5736 23RD AVE S MINNEAPOLIS MN 55417	AMANDA JANE SHIRLEY	RESIDENTIAL	$351,400	40 ft
5724 23RD AVE S MINNEAPOLIS MN 55417	MARNIE L WING	RESIDENTIAL	$307,200	80 ft
5740 23RD AVE S MINNEAPOLIS MN 55417	M GREYSON-GRUBBS & K GREYSON	RESIDENTIAL	$428,600	80 ft
5720 23RD AVE S MINNEAPOLIS MN 55417	CRYSTAL CONSTRUCTION INC	RESIDENTIAL	$265,000	120 ft
5744 23RD AVE S MINNEAPOLIS MN 55417	V G CENTURION & R C BENITEZ	RESIDENTIAL	$392,300	120 ft
5733 STANDISH AVE MINNEAPOLIS MN 55417	S K CHRISTENSON & S HARTY	RESIDENTIAL	$387,900	139 ft
5729 STANDISH AVE MINNEAPOLIS MN 55417	IMRAN MANJLAI	RESIDENTIAL	$339,100	144 ft
5737 STANDISH AVE MINNEAPOLIS MN 55417	AMY MARIE GAVIGLIO	RESIDENTIAL	$356,900	146 ft
5725 STANDISH AVE MINNEAPOLIS MN 55417	SARAH JACKSON/DAVID JACKSON	RESIDENTIAL	$402,500	159 ft

Property History

Most Recent Sale

Date202103

Price$270,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$5,397