ParcelLens
Property Intelligence · Twin Cities
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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 |
|---|---|---|---|---|
| 7744 12TH AVE S RICHFIELD MN 55423 | TOBASI PROPERTIES LLC | COMMERCIAL-PREFERRED | $828,000 | 175 ft |
| 7645 11TH AVE S RICHFIELD MN 55423 | CITY OF RICHFIELD | VACANT LAND-RESIDENTIAL | $0 | 257 ft |
| 7644 12TH AVE S RICHFIELD MN 55423 | CITY OF RICHFIELD | VACANT LAND-RESIDENTIAL | $0 | 274 ft |
| 1001 77TH ST E RICHFIELD MN 55423 | AEON SEASON PARK LLC | LOW INCOME RENTAL | $6,552,000 | 294 ft |
| 7639 11TH AVE S RICHFIELD MN 55423 | JAMES H EMERSON JR & WIFE | RESIDENTIAL | $269,400 | 329 ft |
| 7644 11TH AVE S RICHFIELD MN 55423 | CITY OF RICHFIELD | VACANT LAND-RESIDENTIAL | $0 | 339 ft |
| 1200 78TH ST E RICHFIELD MN 55423 | PMB HOSPITALITY LLC | COMMERCIAL-PREFERRED | $2,400,000 | 339 ft |
| 7638 12TH AVE S RICHFIELD MN 55423 | LOC LE & PHUONG THACH | RESIDENTIAL | $288,900 | 343 ft |
| 7645 12TH AVE S RICHFIELD MN 55423 | CITY OF RICHFIELD | LAND-COMMERCIAL | $0 | 393 ft |
| 7638 11TH AVE S RICHFIELD MN 55423 | TAI DUY TA & TRAM NGOC TRAN | RESIDENTIAL | $353,200 | 397 ft |