Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗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 ↗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.
5 permits on record since 2017 · $25K total declared value · Most recent: Jul 2025 (remodel)
Washek Exteriors Inc.
Baakcountry Construction LLC
NOWTHEN PLUMBING INC
Urban Pine Plumbing and Mechanical Inc
Erickson Plumbing Heating Cooling 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 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 small multifamily (2–4 units, wood frame) benchmarks for 2,367 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2811 GRAND ST N E MINNEAPOLIS MN 55418 | H C BROUCEK & B SAMOY | RESIDENTIAL | $283,300 | 40 ft |
| 2819 GRAND ST N E MINNEAPOLIS MN 55418 | DEREK LEWIS | RESIDENTIAL | $190,000 | 40 ft |
| 2823 GRAND ST N E MINNEAPOLIS MN 55418 | W B SENTYRZ JR & S A SENTYRZ | RESIDENTIAL | $292,200 | 80 ft |
| 2827 GRAND ST N E MINNEAPOLIS MN 55418 | AMY MARIE POND | RESIDENTIAL | $268,000 | 120 ft |
| 2814 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | KURT G CARLSON | RESIDENTIAL | $210,000 | 133 ft |
| 2810 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | JORDAN THOMES, PAMELA THOMES | RESIDENTIAL | $251,000 | 138 ft |
| 2818 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | TOD GELLE | RESIDENTIAL | $324,500 | 142 ft |
| 2831 GRAND ST N E MINNEAPOLIS MN 55418 | M S FROMM & C F ERONSON | RESIDENTIAL | $350,300 | 160 ft |
| 2826 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | RAE ANN FRANK | RESIDENTIAL | $294,400 | 172 ft |
| 2814 GRAND ST N E MINNEAPOLIS MN 55418 | GARY T CLARK | RESIDENTIAL | $253,600 | 178 ft |
Most Recent Sale
Current Tax Year