7501 10TH AVE S RICHFIELD MN 55423

PID: 3502824310048· 1 field stubbed (see below)

Property Overview

Parcel ID3502824310048

Lot Size9,694 sq ft (0.223 ac)

Lot Dimensions (est.)134 ft wide × 72 ft deep

Year Built1953

Property ClassRESIDENTIAL

OwnerVINCENT M LYONS

Assessed Value$315,700

Land Value$124,500

Building Value$191,200

Annual Tax$4,450

Environmental Constraints

FloodplainNo

WetlandsNone detected

Historic DistrictUnknown

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

Date200911

Price$165,000

TypeWARRANTY DEED

Current Tax Year

Year2026

Tax Due$4,450

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
7509 10TH AVE S RICHFIELD MN 55423	A L COOK & M J BURKSTRAND	RESIDENTIAL	$343,300	74 ft
7445 10TH AVE S RICHFIELD MN 55423	PHUONG MY PHAM/HONG QUANG LE	RESIDENTIAL	$343,200	132 ft
7500 11TH AVE S RICHFIELD MN 55423	R SOARES & R REDIG	RESIDENTIAL	$334,800	134 ft
7515 10TH AVE S RICHFIELD MN 55423	MITCH & HANNAH MCDERMOTT	RESIDENTIAL	$345,300	149 ft
7508 11TH AVE S RICHFIELD MN 55423	SHANNON ZIRNHELT	RESIDENTIAL	$343,600	152 ft
7444 11TH AVE S RICHFIELD MN 55423	RICHARD DUANE DULLUM	RESIDENTIAL	$306,800	188 ft
7500 10TH AVE S RICHFIELD MN 55423	JEFFREY P BROOK	RESIDENTIAL	$424,900	193 ft
7514 11TH AVE S RICHFIELD MN 55423	JUDITH A ALM	RESIDENTIAL	$337,400	199 ft
7439 10TH AVE S RICHFIELD MN 55423	WINDWARD REAL ESTATE LLC	RESIDENTIAL	$383,200	205 ft
7508 10TH AVE S RICHFIELD MN 55423	EVELYN OTOO & CHARLOTTE OTOO	RESIDENTIAL	$343,500	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.