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.
3 permits on record since 2002 · $101K total declared value · Most recent: Dec 2023 (commfdrr)
GV Heating and Air 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 2 — moderate-density residential
Setbacks
Estimated Buildable Footprint
Estimates based on typical zoning setbacks. Actual requirements may vary by lot, overlay, or conditional approval.
Land value unavailable — feasibility estimate requires an assessed land value to calculate total development cost.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2939 GRAND ST N E MINNEAPOLIS MN 55418 | SAMUEL E ERLANDER | RESIDENTIAL-TWO UNIT | $400,500 | 60 ft |
| 2923 GRAND ST N E MINNEAPOLIS MN 55418 | D C PALACIOS & M Z E MOLINA | RESIDENTIAL-TWO UNIT | $333,800 | 60 ft |
| 2941 GRAND ST N E MINNEAPOLIS MN 55418 | S H NORDBY & P D STANKEY | RESIDENTIAL | $475,000 | 100 ft |
| 2921 GRAND ST N E MINNEAPOLIS MN 55418 | SARA YIMER | VACANT LAND-RESIDENTIAL | $58,000 | 100 ft |
| 2930 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | ROBERT PEYTON KRINGLIE | RESIDENTIAL | $316,600 | 133 ft |
| 2919 GRAND ST N E MINNEAPOLIS MN 55418 | ASHTON SIEH | RESIDENTIAL-TWO UNIT | $354,300 | 140 ft |
| 2943 GRAND ST N E MINNEAPOLIS MN 55418 | DE GROTE STRAAT COMPANY LLC | RESIDENTIAL-TWO UNIT | $468,800 | 140 ft |
| 2932 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | CHRIS T CASHIN/EMILY R FRANK | RESIDENTIAL | $312,600 | 141 ft |
| 2926 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | JOEL W LARSON | RESIDENTIAL | $199,400 | 142 ft |
| 2922 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | GABRIEL A STITZEL LIVING TR | RESIDENTIAL | $287,300 | 161 ft |
Most Recent Sale
Current Tax Year