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 |
|---|---|---|---|---|
| 626 77TH ST E RICHFIELD MN 55423 | CITY OF RICHFIELD | VACANT LAND-RESIDENTIAL | $0 | 173 ft |
| 7645 OAKLAND AVE S RICHFIELD MN 55423 | CITY OF RICHFIELD | LAND-COMMERCIAL | $0 | 176 ft |
| 620 78TH ST E RICHFIELD MN 55423 | AEON SEASON PARK LLC | LOW INCOME RENTAL | $6,678,000 | 194 ft |
| 7644 PARK AVE S RICHFIELD MN 55423 | CITY OF RICHFIELD | VACANT LAND-RESIDENTIAL | $0 | 212 ft |
| 7635 OAKLAND AVE S RICHFIELD MN 55423 | GREGORY LEE/MORGAN GRAY | RESIDENTIAL | $351,100 | 258 ft |
| 7644 OAKLAND AVE S RICHFIELD MN 55423 | CITY OF RICHFIELD | VACANT LAND-RESIDENTIAL | $0 | 260 ft |
| 7634 PARK AVE S RICHFIELD MN 55423 | GLADYS M MOSELL | RESIDENTIAL | $264,800 | 278 ft |
| 7727 PORTLAND AVE S RICHFIELD MN 55423 | 7727 PORTLAND AVE S LLC | MED/CARE FACILITY | $2,584,000 | 293 ft |
| 7701 PORTLAND AVE S RICHFIELD MN 55423 | ASIAN DRCT ORIENTAL MKT INC | COMMERCIAL-PREFERRED | $975,000 | 311 ft |
| 616 78TH ST E RICHFIELD MN 55423 | UNIVERSITY AUTO FINANCE ETAL | COMMERCIAL-PREFERRED | $629,000 | 312 ft |