2223 58TH ST E MINNEAPOLIS MN 55417

PID: 2402824310028

Property Overview

Parcel ID2402824310028

Lot Size24,009 sq ft (0.551 ac)

Lot Dimensions (est.)129 ft wide × 186 ft deep

Year Built1953

Property ClassRESIDENTIAL

OwnerTODD P CHOSE

Assessed Value$494,000

Land Value$196,000

Building Value$298,000

Annual Tax$7,618

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 · $22K total declared value · Most recent: Oct 2025 (remodel)

RemodelOct 2025Closed

$2K

PILLAR CONSTRUCTION

MiscMay 2024Closed

$20K

THE WINDOW STORE 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 width64 ft

Buildable depth284 ft

Area~16,968 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 16,968 sqft buildable area.

Est. units

Yield on cost

3.4%

Spread

-2.1%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
2215 58TH ST E MINNEAPOLIS MN 55417	J DIERCKS & OLIVA DIERCKS	RESIDENTIAL	$342,800	88 ft
5813 22ND AVE S MET AIRPORT MN 55450	MET AIRPORTS COMM	VACANT LAND-RESIDENTIAL	$0	150 ft
2231 58TH ST E MINNEAPOLIS MN 55417	TODD P CHOSE	RESIDENTIAL	$403,000	186 ft
5756 STANDISH AVE MINNEAPOLIS MN 55417	C MORRIS & S MORRIS	RESIDENTIAL	$333,000	216 ft
5752 STANDISH AVE MINNEAPOLIS MN 55417	JORGE E THORALDSON ET AL	RESIDENTIAL	$318,800	256 ft
5757 22ND AVE S MINNEAPOLIS MN 55417	JOSEPH CARNES & SARA CARNES	RESIDENTIAL	$257,400	259 ft
5757 STANDISH AVE MINNEAPOLIS MN 55417	PATRICK J WEHR	RESIDENTIAL	$350,200	282 ft
5753 22ND AVE S MINNEAPOLIS MN 55417	LEE PAUL SCHAEFER	RESIDENTIAL	$297,200	293 ft
5748 STANDISH AVE MINNEAPOLIS MN 55417	VIRGINIA CALLENS GREGG	RESIDENTIAL	$348,500	296 ft
5753 STANDISH AVE MINNEAPOLIS MN 55417	REBECCA E NELSON	RESIDENTIAL	$290,900	314 ft

Property History

Most Recent Sale

Date202204

Price$170,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$7,618