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 2023 · $23K total declared value · Most recent: Jul 2023 (existres)
Hoffman Refrigeration and Heating Ltd
THE HOME DEPOT
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 2,622 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 3011 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | ASHLEY JENSEN & DAVID JENSEN | RESIDENTIAL-TWO UNIT | $355,600 | 40 ft |
| 3003 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | P E G CHALCO/M D J C CRIOLLO | RESIDENTIAL-TWO UNIT | $381,900 | 53 ft |
| 3015 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | SUSAN M WHITAKER TRUST ET AL | RESIDENTIAL | $284,200 | 80 ft |
| 3019 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | MARIA ZAVALA GARCIA | RESIDENTIAL | $298,800 | 120 ft |
| 2953 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | KAREN A HESKETT | RESIDENTIAL-TWO UNIT | $272,800 | 150 ft |
| 3023 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | H C JOHNSON & C E JOHNSON JR | RESIDENTIAL | $505,000 | 160 ft |
| 3006 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | JOSHUA C HERLOFSKY | RESIDENTIAL | $303,300 | 190 ft |
| 3010 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | SINGULAR DEVEL RESOURCES INC | RESIDENTIAL-TWO UNIT | $512,300 | 192 ft |
| 3000 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | MITCHELL JOHN CLENDENEN | RESIDENTIAL | $230,400 | 198 ft |
| 2951 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | JOHN W BALDWIN | RESIDENTIAL | $169,800 | 198 ft |
Most Recent Sale
Current Tax Year