7509 10TH AVE S RICHFIELD MN 55423

PID: 3502824310047· 1 field stubbed (see below)

Property Overview

Parcel ID3502824310047

Lot Size10,046 sq ft (0.231 ac)

Lot Dimensions (est.)134 ft wide × 75 ft deep

Year Built1953

Property ClassRESIDENTIAL

OwnerA L COOK & M J BURKSTRAND

Assessed Value$343,300

Land Value$131,000

Building Value$212,300

Annual Tax$4,892

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

Date200003

Price$169,900

TypeEXCLUDED FROM RATIO STUDIES

Current Tax Year

Year2026

Tax Due$4,892

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
7501 10TH AVE S RICHFIELD MN 55423	VINCENT M LYONS	RESIDENTIAL	$315,700	74 ft
7515 10TH AVE S RICHFIELD MN 55423	MITCH & HANNAH MCDERMOTT	RESIDENTIAL	$345,300	75 ft
7508 11TH AVE S RICHFIELD MN 55423	SHANNON ZIRNHELT	RESIDENTIAL	$343,600	134 ft
7521 10TH AVE S RICHFIELD MN 55423	JEFF HARDY & ANGELITA HARDY	RESIDENTIAL	$319,800	150 ft
7500 11TH AVE S RICHFIELD MN 55423	R SOARES & R REDIG	RESIDENTIAL	$334,800	153 ft
7514 11TH AVE S RICHFIELD MN 55423	JUDITH A ALM	RESIDENTIAL	$337,400	153 ft
7508 10TH AVE S RICHFIELD MN 55423	EVELYN OTOO & CHARLOTTE OTOO	RESIDENTIAL	$343,500	193 ft
7520 11TH AVE S RICHFIELD MN 55423	D E JACKSON & R JACKSON	RESIDENTIAL	$307,500	201 ft
7445 10TH AVE S RICHFIELD MN 55423	PHUONG MY PHAM/HONG QUANG LE	RESIDENTIAL	$343,200	205 ft
7500 10TH AVE S RICHFIELD MN 55423	JEFFREY P BROOK	RESIDENTIAL	$424,900	207 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.