5905 28TH AVE S MINNEAPOLIS MN 55417

PID: 2402824410021

Property Overview

Parcel ID2402824410021

Lot Size5,144 sq ft (0.118 ac)

Lot Dimensions (est.)128 ft wide × 40 ft deep

Year Built1950

Property ClassRESIDENTIAL

OwnerBERNADETTE M BJORKLUND TRUST

Assessed Value$271,500

Land Value$71,000

Building Value$200,500

Annual Tax$3,878

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

5 permits on record since 2019 · $19K total declared value · Most recent: Jul 2025 (existres)

ExistresJul 2025Closed

CENTERPOINT ENERGY

MiscAug 2024Closed

$8K

RENEWAL BY ANDERSEN CORP

ExistresDec 2023Closed

CENTERPOINT ENERGY

MiscSep 2021Closed

$11K

THE KINGDOM BUILDERS

ResNov 2019Closed

ST PAUL PLUMBING AND HEATING CO INC

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 width30 ft

Buildable depth89 ft

Area~2,657 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 2,657 sqft buildable area.

Est. units

Yield on cost

2.9%

Spread

-2.6%

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
5901 28TH AVE S MET AIRPORT MN 55450	MET AIRPORTS COMM	VACANT LAND-RESIDENTIAL	$0	39 ft
5909 28TH AVE S MINNEAPOLIS MN 55417	THOMAS CLAUDE SMITH JR	RESIDENTIAL	$164,300	40 ft
5913 28TH AVE S MINNEAPOLIS MN 55417	RYAN P HARMS	RESIDENTIAL	$226,400	80 ft
5917 28TH AVE S MINNEAPOLIS MN 55417	B E G SINCHI & L J G SINCHI	RESIDENTIAL	$204,900	120 ft
5921 28TH AVE S MINNEAPOLIS MN 55417	SAMUEL FISCHER	RESIDENTIAL	$176,300	161 ft
5853 28TH AVE S MINNEAPOLIS MN 55417	U MCLAUGHLIN & F MCLAUGHLIN	RESIDENTIAL	$232,300	178 ft
5900 28TH AVE S MINNEAPOLIS MN 55417	LOURDES MARISOL N GUALLPA	RESIDENTIAL-TWO UNIT	$362,000	189 ft
5904 28TH AVE S MINNEAPOLIS MN 55417	Z NEUBAUER & S NEUBAUER	RESIDENTIAL	$274,800	203 ft
5849 28TH AVE S MINNEAPOLIS MN 55417	TRAVIS E JOHANSEN	RESIDENTIAL	$114,000	218 ft
5908 28TH AVE S MINNEAPOLIS MN 55417	MARY K MCMAHON	RESIDENTIAL	$201,800	226 ft

Property History

Current Tax Year

Year2026

Tax Due$3,878