5721 23RD AVE S MINNEAPOLIS MN 55417

PID: 2402824240199

Property Overview

Parcel ID2402824240199

Lot Size5,008 sq ft (0.115 ac)

Lot Dimensions (est.)125 ft wide × 40 ft deep

Year Built1945

Property ClassRESIDENTIAL

OwnerKYLE KOURI

Assessed Value$328,400

Land Value$119,000

Building Value$209,400

Annual Tax$4,827

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 depth85 ft

Area~2,556 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 2,556 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
5725 23RD AVE S MINNEAPOLIS MN 55417	C & N GARCIA	RESIDENTIAL	$324,600	40 ft
5717 23RD AVE S MINNEAPOLIS MN 55417	L BERLING & J BERLING	RESIDENTIAL	$330,900	40 ft
5729 23RD AVE S MINNEAPOLIS MN 55417	SARAH A RODEBERG	RESIDENTIAL	$321,300	80 ft
5711 23RD AVE S MINNEAPOLIS MN 55417	C COOLEY & J E COOLEY	RESIDENTIAL	$383,500	90 ft
5733 23RD AVE S MINNEAPOLIS MN 55417	NOAH JOSEPH BURNS	RESIDENTIAL	$299,100	120 ft
5720 24TH AVE S MINNEAPOLIS MN 55417	TODD P CHOSE	RESIDENTIAL	$295,200	139 ft
5724 24TH AVE S MINNEAPOLIS MN 55417	IH3 PROPERTY MINNESOTA LP	RESIDENTIAL	$264,600	144 ft
5716 24TH AVE S MINNEAPOLIS MN 55417	CAMILLE MARIE GROSS	RESIDENTIAL	$297,700	145 ft
5703 23RD AVE S MINNEAPOLIS MN 55417	HELEN R JACKSON REV TRUST	RESIDENTIAL	$274,900	150 ft
5728 24TH AVE S MINNEAPOLIS MN 55417	MELISSA L STORBAKKEN ET AL	RESIDENTIAL	$314,100	159 ft

Property History

Most Recent Sale

Date201702

Price$247,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,827