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.
10 permits on record since 2018 · $301K total declared value · Most recent: Mar 2025 (res)
Warners Stellian Co Inc
Summit Design Build LLC
North Metro Plumbing Inc
Heating and Cooling Two Inc
Heating and Cooling Two 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 2,796 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2943 GRAND ST N E MINNEAPOLIS MN 55418 | DE GROTE STRAAT COMPANY LLC | RESIDENTIAL-TWO UNIT | $468,800 | 40 ft |
| 2955 GRAND ST N E MINNEAPOLIS MN 55418 | RACHEL SAYRE | RESIDENTIAL | $420,600 | 46 ft |
| 2941 GRAND ST N E MINNEAPOLIS MN 55418 | S H NORDBY & P D STANKEY | RESIDENTIAL | $475,000 | 80 ft |
| 2939 GRAND ST N E MINNEAPOLIS MN 55418 | SAMUEL E ERLANDER | RESIDENTIAL-TWO UNIT | $400,500 | 120 ft |
| 2950 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | TIMOTHY BEKKE | RESIDENTIAL | $266,700 | 134 ft |
| 2946 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | JASON TIMMERS/SARAH TIMMERS | RESIDENTIAL-TWO UNIT | $381,000 | 141 ft |
| 2952 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | R E CRIOLLO & M W FAJARDO | RESIDENTIAL-TWO UNIT | $317,800 | 143 ft |
| 3001 GRAND ST N E MINNEAPOLIS MN 55418 | SHARI S SEYMOUR | TRIPLEX | $442,500 | 156 ft |
| 2931 GRAND ST N E MINNEAPOLIS MN 55418 | SHAMBHALA INTNL (VAJRADHATU) | COMMERCIAL-PREFERRED | $0 | 180 ft |
| 2932 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | CHRIS T CASHIN/EMILY R FRANK | RESIDENTIAL | $312,600 | 187 ft |
Most Recent Sale
Current Tax Year