Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗Within a 5-minute walk of a high-frequency LRT or BRT stop — a positive factor for density bonuses and Met Council Livable Communities grant scoring.
Metro Council — Livable Communities ↗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 ↗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 ↗Competitive grants for affordable housing and transit-oriented development near high-frequency transit; proximity to LRT/BRT is a key scoring factor.
Metro Council — Livable Communities ↗Grants and loans for contamination assessment and cleanup on eligible redevelopment sites; does not indicate known contamination.
Minneapolis — Brownfield Grants ↗Signals are based on public datasets; program eligibility requires verification.
4 permits on record since 2019 · $33K total declared value · Most recent: Apr 2024 (misc)
Red Line Contracting
RICHARD RAYMOND
Midwest Plumbing and Service LLC
Richard C Raymond
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Marshall Terrace · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1005
Zip code 55418
Source: Redfin Data Center (Invalid Date) · Zip 55418
Urban Neighborhood 1 — low-density residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Back-of-envelope estimate based on sfr / adu benchmarks for 3,172 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3048 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | THOMAS BETTING | RESIDENTIAL-TWO UNIT | $387,500 | 43 ft |
| 3044 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | ROCKWOOD INVESTMENTS V LLC | TRIPLEX | $355,300 | 84 ft |
| 3042 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | R E PLIEGO & A C DRIER | RESIDENTIAL | $305,900 | 123 ft |
| 3055 GRAND ST N E MINNEAPOLIS MN 55418 | MICHAEL ROBERTSON | RESIDENTIAL-TWO UNIT | $289,800 | 133 ft |
| 3049 GRAND ST N E MINNEAPOLIS MN 55418 | MUSK TURTLE LLC | RESIDENTIAL-TWO UNIT | $391,500 | 142 ft |
| 3047 GRAND ST N E MINNEAPOLIS MN 55418 | GRIDIRON HOLDINGS LLP | RESIDENTIAL-TWO UNIT | $328,000 | 164 ft |
| 3100 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | ELLIS PROPERTIES LLP | INDUSTRIAL-PREFERRED | $1,960,000 | 177 ft |
| 3038 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | JOSEPH H CONTENTO JR | RESIDENTIAL-TWO UNIT | $313,900 | 184 ft |
| 3055 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | S R TIMMERS & J R TIMMERS | RESIDENTIAL | $340,400 | 191 ft |
| 3041 GRAND ST N E MINNEAPOLIS MN 55418 | PATRICK L KVIDERA ETAL | RESIDENTIAL | $321,000 | 198 ft |
Most Recent Sale
Current Tax Year