5804 23RD AVE S MET AIRPORT MN 55450

PID: 2402824310014

Property Overview

Parcel ID2402824310014

Lot Size20,153 sq ft (0.463 ac)

Lot Dimensions (est.)128 ft wide × 158 ft deep

Year Built1929

Property ClassVACANT LAND-RESIDENTIAL

OwnerMET AIRPORTS COMM

Assessed Value$0

Land Value$0

Building Value$0

Annual Tax$0

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

Market data unavailable for zip code 55450.

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 depth120 ft

Area~13,919 sqft

Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.

Development Feasibility

Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2231 58TH ST E MINNEAPOLIS MN 55417	TODD P CHOSE	RESIDENTIAL	$403,000	140 ft
5756 23RD AVE S MINNEAPOLIS MN 55417	DANIEL HOLMES	RESIDENTIAL	$338,500	160 ft
5809 23RD AVE S MET AIRPORT MN 55450	MET AIRPORTS COMM	VACANT LAND-RESIDENTIAL	$0	186 ft
5801 23RD AVE S MINNEAPOLIS MN 55417	DUSTIN MIELKE	RESIDENTIAL	$363,500	191 ft
5752 23RD AVE S MINNEAPOLIS MN 55417	MOLLY K MITLEY	RESIDENTIAL	$300,900	200 ft
5757 STANDISH AVE MINNEAPOLIS MN 55417	PATRICK J WEHR	RESIDENTIAL	$350,200	210 ft
5748 23RD AVE S MINNEAPOLIS MN 55417	J W & T L S PETERSON	RESIDENTIAL	$341,000	240 ft
5753 STANDISH AVE MINNEAPOLIS MN 55417	REBECCA E NELSON	RESIDENTIAL	$290,900	241 ft
5757 23RD AVE S MINNEAPOLIS MN 55417	REBECCA DAUTH	RESIDENTIAL	$277,000	248 ft
5749 STANDISH AVE MINNEAPOLIS MN 55417	CAMERON MICHAEL FLAKNE	RESIDENTIAL	$325,300	275 ft

Property History

Current Tax Year

Year2026

Tax Due$0