7421 CLINTON AVE S RICHFIELD MN 55423

PID: 3402824410065· 1 field stubbed (see below)

Property Overview

Parcel ID3402824410065

Lot Size7,987 sq ft (0.183 ac)

Lot Dimensions (est.)134 ft wide × 59 ft deep

Year Built1953

Property ClassRESIDENTIAL

OwnerL K KANIA & W M MURASHIE

Assessed Value$287,600

Land Value$100,800

Building Value$186,800

Annual Tax$4,028

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

Date201601

Price$186,000

TypeEXCLUDED FROM RATIO STUDIES

Current Tax Year

Year2026

Tax Due$4,028

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.

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Nearby Parcels

Address	Owner	Class	Assessed Value	Distance
7425 CLINTON AVE S RICHFIELD MN 55423	SYDNEY PARKINSON	RESIDENTIAL	$353,900	59 ft
7415 CLINTON AVE S RICHFIELD MN 55423	CARIANNE ELIZABETH GEERTS	RESIDENTIAL	$323,300	59 ft
7411 CLINTON AVE S RICHFIELD MN 55423	D RANDOLPH & N RANDOLPH	RESIDENTIAL	$316,200	119 ft
7429 CLINTON AVE S RICHFIELD MN 55423	QUENTIN BAIRD & ALICIA BAIRD	RESIDENTIAL	$333,200	121 ft
7420 4TH AVE S RICHFIELD MN 55423	ANDREW JEFFREY VOGLESANG	RESIDENTIAL	$310,500	134 ft
7416 4TH AVE S RICHFIELD MN 55423	JUDY K GIESEKE-FURST ET AL	RESIDENTIAL	$351,500	145 ft
7422 4TH AVE S RICHFIELD MN 55423	ELISSA JAEGER	RESIDENTIAL	$254,600	146 ft
7412 4TH AVE S RICHFIELD MN 55423	MICHAEL E NOONAN	RESIDENTIAL	$358,700	170 ft
7405 CLINTON AVE S RICHFIELD MN 55423	C CHRISTIAN & M P CHRISTIAN	RESIDENTIAL	$320,600	178 ft
7426 4TH AVE S RICHFIELD MN 55423	BRADLEY ROGER NIELSEN	RESIDENTIAL	$285,800	179 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.