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 ↗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.
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 248.02
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.
Most Recent Sale
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 |
|---|---|---|---|---|
| 7427 5TH AVE S RICHFIELD MN 55423 | J MCNAMARA & T R R MEJIA | RESIDENTIAL | $332,500 | 84 ft |
| 7415 5TH AVE S RICHFIELD MN 55423 | N M ROMER/J G P POMAQUIZA | RESIDENTIAL | $355,700 | 109 ft |
| 7418 PORTLAND AVE S RICHFIELD MN 55423 | M M LOFTON & S D LOFTON | RESIDENTIAL | $264,300 | 132 ft |
| 7420 PORTLAND AVE S RICHFIELD MN 55423 | SARA J ROUSSLANG | RESIDENTIAL | $324,200 | 137 ft |
| 7414 PORTLAND AVE S RICHFIELD MN 55423 | HENRY KURUMBU | RESIDENTIAL | $326,500 | 153 ft |
| 7433 5TH AVE S RICHFIELD MN 55423 | D A & J E PETERSEN | RESIDENTIAL | $302,900 | 154 ft |
| 7424 PORTLAND AVE S RICHFIELD MN 55423 | MAXWELL ULMEN | RESIDENTIAL | $212,200 | 163 ft |
| 7412 PORTLAND AVE S RICHFIELD MN 55423 | C C CRUZ & R B ZUNIGA | RESIDENTIAL | $306,000 | 191 ft |
| 7418 5TH AVE S RICHFIELD MN 55423 | T E BEARD & S A BEARD | RESIDENTIAL | $226,000 | 194 ft |
| 7422 5TH AVE S RICHFIELD MN 55423 | NATHAN LEMKE & EMILY LEMKE | RESIDENTIAL | $298,500 | 197 ft |