5801 23RD AVE S MINNEAPOLIS MN 55417

PID: 2402824310013

Property Overview

Parcel ID2402824310013

Lot Size10,073 sq ft (0.231 ac)

Lot Dimensions (est.)126 ft wide × 80 ft deep

Year Built1926

Property ClassRESIDENTIAL

OwnerDUSTIN MIELKE

Assessed Value$363,500

Land Value$126,000

Building Value$237,500

Annual Tax$4,989

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 width116 ft

Buildable depth40 ft

Area~4,642 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 4,642 sqft buildable area.

Est. units

Yield on cost

2.5%

Spread

-3.0%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5809 23RD AVE S MET AIRPORT MN 55450	MET AIRPORTS COMM	VACANT LAND-RESIDENTIAL	$0	60 ft
5757 23RD AVE S MINNEAPOLIS MN 55417	REBECCA DAUTH	RESIDENTIAL	$277,000	120 ft
5800 24TH AVE S MINNEAPOLIS MN 55417	DIANA L FITZWATER	RESIDENTIAL	$167,100	141 ft
5804 24TH AVE S MINNEAPOLIS MN 55417	VANCE PALODICHUK	RESIDENTIAL	$268,000	141 ft
5753 23RD AVE S MINNEAPOLIS MN 55417	KIMBERLY S SMITH	RESIDENTIAL	$257,000	160 ft
5756 24TH AVE S MINNEAPOLIS MN 55417	M GUNN & W T CANNON-GUNN	RESIDENTIAL	$318,900	186 ft
5804 23RD AVE S MET AIRPORT MN 55450	MET AIRPORTS COMM	VACANT LAND-RESIDENTIAL	$0	191 ft
5749 23RD AVE S MINNEAPOLIS MN 55417	ALI D NEWMAN ET AL	RESIDENTIAL	$309,500	200 ft
5752 24TH AVE S MINNEAPOLIS MN 55417	DAMION ALEXANDER	RESIDENTIAL	$336,900	215 ft
5756 23RD AVE S MINNEAPOLIS MN 55417	DANIEL HOLMES	RESIDENTIAL	$338,500	218 ft

Property History

Most Recent Sale

Date202508

Price$267,500

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,989