Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗Located in the Minneapolis North Green Zone (incl NE) — priority access to Great Streets financing, energy cost-share programs, and CPED gap financing.
Minneapolis Green 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 ↗Below-market loans for commercial real estate development and rehabilitation on eligible corridors; priority given to Green Zone and ACP50 locations.
Minneapolis Great Streets — Gap Financing ↗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.
4 permits on record since 2020 · $452K total declared value · Most recent: May 2020 (newres)
Ron's Mechanical Inc
Ron's Mechanical Inc
Silver Tree Plumbing and Heating LLC
American Restoration & Transformation 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 3 — medium-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 3-story wood frame (5–12 units) benchmarks for 4,053 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2931 MARSHALL ST N E MINNEAPOLIS MN 55418 | TAYLOR KOBAYASHI | RESIDENTIAL | $334,800 | 60 ft |
| 2915 MARSHALL ST N E MINNEAPOLIS MN 55418 | NORTHERN STATES POWER CO | VACANT LAND-RESIDENTIAL | $66,000 | 69 ft |
| 2911 MARSHALL ST N E MINNEAPOLIS MN 55418 | NORTHERN STATES POWER CO | VACANT LAND-RESIDENTIAL | $43,000 | 130 ft |
| 2930 RANDOLPH ST N E MINNEAPOLIS MN 55418 | THOMAS S INGENHUTT JR | RESIDENTIAL | $317,000 | 133 ft |
| 2918 RANDOLPH ST N E MINNEAPOLIS MN 55418 | STEPHANIE KOBAYASHI | RESIDENTIAL | $59,000 | 134 ft |
| 2914 RANDOLPH ST NE MINNEAPOLIS MN 55418 | STEPHANIE KOBAYASHI | RESIDENTIAL | $279,900 | 151 ft |
| 2910 RANDOLPH ST N E MINNEAPOLIS MN 55418 | TSAUDIK ANNA POTEK | RESIDENTIAL-TWO UNIT | $306,200 | 181 ft |
| 2934 RANDOLPH ST N E MINNEAPOLIS MN 55418 | JAMES CLOBES | RESIDENTIAL | $304,000 | 188 ft |
| 2935 MARSHALL ST N E MINNEAPOLIS MN 55418 | NORTHERN STATES POWER CO | VACANT LAND-RESIDENTIAL | $151,000 | 190 ft |
| 2903 MARSHALL ST N E MINNEAPOLIS MN 55418 | NORTHERN STATES POWER CO | VACANT LAND-RESIDENTIAL | $54,000 | 195 ft |
Current Tax Year