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.
7 permits on record since 2018 · $85K total declared value · Most recent: Oct 2023 (res)
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
CHIEF CONCEPTS
PB Services LLC
PB Services 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 2 — moderate-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 small multifamily (2–4 units, wood frame) benchmarks for 3,609 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2904 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | VALUE HOMES LLC | RESIDENTIAL-TWO UNIT | $656,200 | 46 ft |
| 2910 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | MICHAEL D WADSTEN | RESIDENTIAL | $397,700 | 86 ft |
| 145 29TH AVE N E MINNEAPOLIS MN 55418 | DORIS R STRAND | RESIDENTIAL | $343,200 | 120 ft |
| 2860 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | JANICE M DANZL TRUSTEE | RESIDENTIAL | $303,300 | 132 ft |
| 2859 GRAND ST N E MINNEAPOLIS MN 55418 | ANDERS CHRISTIAN RYDEN | RESIDENTIAL | $305,200 | 143 ft |
| 2918 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | DALE J FOLEY | RESIDENTIAL | $376,100 | 146 ft |
| 2911 GRAND ST N E MINNEAPOLIS MN 55418 | CKMJ HOLDINGS II LLC | APARTMENT | $1,512,000 | 148 ft |
| 2913 GRAND ST N E MINNEAPOLIS MN 55418 | MARY-CLARE ELIZABETH BATES | RESIDENTIAL-TWO UNIT | $384,200 | 177 ft |
| 2854 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | A D THOMSON & N THOMSON | RESIDENTIAL | $296,000 | 184 ft |
| 2903 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | BRIAN TRAEGER | RESIDENTIAL | $290,800 | 190 ft |
Most Recent Sale
Current Tax Year