Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗Signals are based on public datasets; program eligibility requires verification.
No permits found in Minneapolis open data for this parcel.
Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 243
Zip code 55423
Source: Redfin Data Center (Invalid Date) · Zip 55423
Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 7521 PENN AVE S RICHFIELD MN 55423 | PRIME PROPERTIES PENN LLC | APARTMENT | $1,030,000 | 97 ft |
| 7501 PENN AVE S RICHFIELD MN 55423 | PENN APARTMENTS LLC | APARTMENT | $1,030,000 | 99 ft |
| 7514 OLIVER AVE S RICHFIELD MN 55423 | SARA ELLIOTT & LANCE ELLIOTT | COMMERCIAL-PREFERRED | $263,000 | 149 ft |
| 7520 OLIVER AVE S RICHFIELD MN 55423 | ALAN & LEE PROPERTIES LLC | APARTMENT | $1,030,000 | 165 ft |
| 7500 OLIVER AVE S RICHFIELD MN 55423 | ALAN & LEE PROPERTIES LLC | APARTMENT | $1,318,000 | 170 ft |
| 7527 PENN AVE S RICHFIELD MN 55423 | 7527 PENN AVE LLC | APARTMENT | $672,000 | 184 ft |
| 7530 OLIVER AVE S RICHFIELD MN 55423 | C M & A B AKINS | APARTMENT | $692,000 | 240 ft |
| 7445 PENN AVE S RICHFIELD MN 55423 | CHAD SPOOLMAN | APARTMENT | $575,000 | 252 ft |
| 7533 PENN AVE S RICHFIELD MN 55423 | 7527 PENN AVE LLC | APARTMENT | $672,000 | 258 ft |
| 7444 OLIVER AVE S RICHFIELD MN 55423 | CHRISPROP-OLIE LLC | APARTMENT | $1,030,000 | 297 ft |