5804 21ST AVE S MINNEAPOLIS MN 55417

PID: 2402824320005

Property Overview

Parcel ID2402824320005

Lot Size6,377 sq ft (0.146 ac)

Lot Dimensions (est.)128 ft wide × 50 ft deep

Year Built1954

Property ClassRESIDENTIAL

OwnerGREGORY R CANFIELD

Assessed Value$322,800

Land Value$110,000

Building Value$212,800

Annual Tax$4,733

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

1 permit on record since 2017 · Most recent: Mar 2017 (res)

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 width40 ft

Buildable depth88 ft

Area~3,500 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 3,500 sqft buildable area.

Est. units

Yield on cost

2.1%

Spread

-3.4%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5800 21ST AVE S MINNEAPOLIS MN 55417	R & W LYNES	RESIDENTIAL	$309,900	50 ft
5812 21ST AVE S MET AIRPORT MN 55450	M ST P MET AIRPORTS COMM	VACANT LAND-RESIDENTIAL	$0	137 ft
5805 20TH AVE S MINNEAPOLIS MN 55417	NORBERT S DOMEK JR	RESIDENTIAL	$344,300	141 ft
5801 20TH AVE S MINNEAPOLIS MN 55417	H R BISHOP & C D HIBBERD	RESIDENTIAL	$366,900	148 ft
5809 20TH AVE S MINNEAPOLIS MN 55417	A J DANIELS & D M DANIELS	RESIDENTIAL	$349,700	151 ft
5752 21ST AVE S MINNEAPOLIS MN 55417	T E MECKLER & M A JUSTICE TR	RESIDENTIAL	$303,800	155 ft
5815 20TH AVE S MINNEAPOLIS MN 55417	KELLEY B DANIELSON	RESIDENTIAL	$287,700	175 ft
5748 21ST AVE S MINNEAPOLIS MN 55417	MICHAEL W ANDERSON ETAL	RESIDENTIAL	$342,800	195 ft
5753 20TH AVE S MINNEAPOLIS MN 55417	WESLEY A CURETON	RESIDENTIAL	$313,200	207 ft
5744 21ST AVE S MINNEAPOLIS MN 55417	JESSICA K SCHULTZ	RESIDENTIAL	$332,700	235 ft

Property History

Most Recent Sale

Date200301

Price$100

TypeOTHER – SEE CERTIFICATE OF REAL ESTATE VALUE (CRV)

Current Tax Year

Year2026

Tax Due$4,733