7533 5TH AVE S RICHFIELD MN 55423

PID: 3402824410027· 1 field stubbed (see below)

Property Overview

Parcel ID3402824410027

Lot Size10,916 sq ft (0.251 ac)

Lot Dimensions (est.)124 ft wide × 88 ft deep

Year Built1955

Property ClassRESIDENTIAL

OwnerR PINEDO & J PINEDO

Assessed Value$300,600

Land Value$112,000

Building Value$188,600

Annual Tax$4,238

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

No permits found in Minneapolis open data for this parcel.

Neighborhood Profile

Minneapolis

Median reported rent1,101/mo

Renter-occupied53.7%

Median home value$302K

Vacancy rate8.2%

ACS rents reflect current tenant leases and may differ from new market rents.

Source: 2022 ACS 5-Year Estimates · Census Tract 248.02

Market Snapshot

Zip code 55423

Median sale price$348K-7.2% YoY

Median price / sqft$211/sqft

Median days to close32 days

Active listings40

Source: Redfin Data Center (Invalid Date) · Zip 55423

Zoning

Zoning data is available for Minneapolis and Saint Paul parcels. This parcel may be outside those city boundaries.

Property History

Most Recent Sale

Date200402

Price$204,000

TypeEXCLUDED FROM RATIO STUDIES

Current Tax Year

Year2026

Tax Due$4,238

Development Feasibility

No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.

Loading map…

Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
7539 5TH AVE S RICHFIELD MN 55423	DUANE MCGUFFEE	RESIDENTIAL	$272,900	74 ft
7527 5TH AVE S RICHFIELD MN 55423	J LEHNEN & C M MAY	RESIDENTIAL	$355,700	82 ft
7532 PORTLAND AVE S RICHFIELD MN 55423	RONALD J WITT	RESIDENTIAL	$279,500	130 ft
7545 5TH AVE S RICHFIELD MN 55423	D F O YANZA & R F CAMPOVERDE	RESIDENTIAL	$275,100	133 ft
7538 PORTLAND AVE S RICHFIELD MN 55423	D BIELEFELD & V NELSON	RESIDENTIAL	$258,500	149 ft
7526 PORTLAND AVE S RICHFIELD MN 55423	SPENCER HELEY/KACEE S URBAN	RESIDENTIAL	$353,800	154 ft
7521 5TH AVE S RICHFIELD MN 55423	S MUNUSAMI & V MUNUSAMI	RESIDENTIAL	$319,800	157 ft
7544 PORTLAND AVE S RICHFIELD MN 55423	JEFFREY MARX	RESIDENTIAL	$286,800	186 ft
7532 5TH AVE S RICHFIELD MN 55423	J F LECKAS & T J LECKAS	RESIDENTIAL	$299,600	190 ft
7538 5TH AVE S RICHFIELD MN 55423	L K DZIERZAK & C S DZIERZAK	RESIDENTIAL	$485,700	197 ft

Stub notice: The following fields could not be fetched from live sources and are shown as "—": zoning. See README for details on which sources are live vs. stubbed.