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.
1 permit on record since 2022 · Most recent: Jun 2022 (res)
Urban Pine Plumbing and Mechanical Inc
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 2,643 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2939 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | FAHIMA MAHAMUD | RESIDENTIAL-TWO UNIT | $479,600 | 40 ft |
| 2935 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | M C SCHOCK & C BARKE | RESIDENTIAL | $296,900 | 60 ft |
| 2943 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | NICOLE LEON | RESIDENTIAL-TWO UNIT | $349,000 | 80 ft |
| 2925 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | JON THOMPSON | RESIDENTIAL-TWO UNIT | $411,900 | 120 ft |
| 2951 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | JOHN W BALDWIN | RESIDENTIAL | $169,800 | 120 ft |
| 2923 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | PATRICIA K BENDEL | RESIDENTIAL | $259,100 | 160 ft |
| 2928 MAIN ST N E MINNEAPOLIS MN 55418 | BURLINGTON-NORTHERN INC | RAILROAD | $0 | 160 ft |
| 2953 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | KAREN A HESKETT | RESIDENTIAL-TWO UNIT | $272,800 | 169 ft |
| 2932 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | CHRIS T CASHIN/EMILY R FRANK | RESIDENTIAL | $312,600 | 193 ft |
| 2946 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | JASON TIMMERS/SARAH TIMMERS | RESIDENTIAL-TWO UNIT | $381,000 | 197 ft |
Current Tax Year