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.
2 permits on record since 2017 · Most recent: May 2018 (res)
Barnes Plumbing Co Inc
Barnes Plumbing Co 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.
Back-of-envelope estimate based on small multifamily (2–4 units, wood frame) benchmarks for 2,365 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2819 RANDOLPH ST N E MINNEAPOLIS MN 55418 | M T ERICKSON & S S TROST | RESIDENTIAL | $318,900 | 40 ft |
| 2827 RANDOLPH ST N E MINNEAPOLIS MN 55418 | KATHLEEN A DEE | RESIDENTIAL | $187,500 | 40 ft |
| 2815 RANDOLPH ST N E MINNEAPOLIS MN 55418 | HEATHER E REYNOLDS TRUST | RESIDENTIAL | $298,200 | 80 ft |
| 2831 RANDOLPH ST N E MINNEAPOLIS MN 55418 | MICAH SPIEGLE/NICOLE SPIEGLE | RESIDENTIAL | $455,700 | 100 ft |
| 2811 RANDOLPH ST N E MINNEAPOLIS MN 55418 | JARAD STEVEN JENSEN | RESIDENTIAL | $252,600 | 120 ft |
| 2822 GRAND ST N E MINNEAPOLIS MN 55418 | GALO NAULA INAMAGUA ET AL | RESIDENTIAL | $293,500 | 133 ft |
| 2826 GRAND ST N E MINNEAPOLIS MN 55418 | AGNES CHIK FUFA | RESIDENTIAL | $229,300 | 139 ft |
| 2818 GRAND ST N E MINNEAPOLIS MN 55418 | CTY OF LAKES COMM LAND TRUST | — | $284,200 | 139 ft |
| 2801 MARSHALL ST N E MINNEAPOLIS MN 55418 | NORTHERN STATES POWER CO | UTILITY | $619,000 | 143 ft |
| 2830 GRAND ST N E MINNEAPOLIS MN 55418 | BENJAMIN MEZZENGA | RESIDENTIAL | $241,000 | 155 ft |
Most Recent Sale
Current Tax Year