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 ↗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 ↗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 |
|---|---|---|---|---|
| 7708 5TH AVE S RICHFIELD MN 55423 | TBG LLC | COMMERCIAL-PREFERRED | $465,000 | 140 ft |
| 415 77TH ST E RICHFIELD MN 55423 | TIMOTHY D HESSE | COMMERCIAL-PREFERRED | $612,000 | 143 ft |
| 7715 4TH AVE S RICHFIELD MN 55423 | RICHFIELD-BLOOMINGTON CR UN | COMMERCIAL-PREFERRED | $368,000 | 143 ft |
| 7714 5TH AVE S RICHFIELD MN 55423 | GARY WIBERG | COMMERCIAL-PREFERRED | $780,000 | 173 ft |
| 345 77TH ST E RICHFIELD MN 55423 | RICHFIELD-BLOOMINGTON CR UN | COMMERCIAL-PREFERRED | $2,630,000 | 240 ft |
| 7744 5TH AVE S RICHFIELD MN 55423 | DJ & DJ LLC | COMMERCIAL-PREFERRED | $1,100,000 | 265 ft |
| 7731 4TH AVE S RICHFIELD MN 55423 | BLAYLOCK PLUMBING CO | COMMERCIAL-NON PREFERRED | $1,008,000 | 291 ft |
| 7701 5TH AVE S RICHFIELD MN 55423 | A G BOGEN CO | COMMERCIAL-PREFERRED | $311,000 | 331 ft |
| 500 78TH ST E RICHFIELD MN 55423 | A G BOGEN CO | COMMERCIAL-PREFERRED | $730,000 | 352 ft |
| 7720 4TH AVE S RICHFIELD MN 55423 | AEON SEASON PARK LLC | LOW INCOME RENTAL | $4,942,000 | 353 ft |