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.
2 permits on record since 2017 · Most recent: Aug 2017 (existres)
Patton Heating And Air Conditioning Inc
Centraire Heating & Air Conditioning LLC
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
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 2,809 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3044 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | ROCKWOOD INVESTMENTS V LLC | TRIPLEX | $355,300 | 40 ft |
| 3052 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | 3052 CALIFORNIA ST NE LLC | RESIDENTIAL-TWO UNIT | $365,400 | 43 ft |
| 3042 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | R E PLIEGO & A C DRIER | RESIDENTIAL | $305,900 | 80 ft |
| 3049 GRAND ST N E MINNEAPOLIS MN 55418 | MUSK TURTLE LLC | RESIDENTIAL-TWO UNIT | $391,500 | 133 ft |
| 3055 GRAND ST N E MINNEAPOLIS MN 55418 | MICHAEL ROBERTSON | RESIDENTIAL-TWO UNIT | $289,800 | 138 ft |
| 3038 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | JOSEPH H CONTENTO JR | RESIDENTIAL-TWO UNIT | $313,900 | 140 ft |
| 3047 GRAND ST N E MINNEAPOLIS MN 55418 | GRIDIRON HOLDINGS LLP | RESIDENTIAL-TWO UNIT | $328,000 | 143 ft |
| 3041 GRAND ST N E MINNEAPOLIS MN 55418 | PATRICK L KVIDERA ETAL | RESIDENTIAL | $321,000 | 168 ft |
| 3047 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | LEONARDO D JIMENEZ BERMEO SR | RESIDENTIAL-TWO UNIT | $296,400 | 192 ft |
| 3055 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | S R TIMMERS & J R TIMMERS | RESIDENTIAL | $340,400 | 193 ft |
Most Recent Sale
Current Tax Year