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 2020 · Most recent: Feb 2020 (res)
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
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 2,366 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2710 GRAND ST N E MINNEAPOLIS MN 55418 | BAILEY MEYER | RESIDENTIAL | $302,700 | 40 ft |
| 2700 GRAND ST N E MINNEAPOLIS MN 55418 | MATTHEW D SCHERFENBERG ETAL | RESIDENTIAL-TWO UNIT | $349,000 | 40 ft |
| 2714 GRAND ST N E MINNEAPOLIS MN 55418 | K RICHTER ET AL SUBJ/L E | RESIDENTIAL | $277,400 | 80 ft |
| 2718 GRAND ST N E MINNEAPOLIS MN 55418 | G C LANGASON & R LANGASON | RESIDENTIAL | $337,200 | 120 ft |
| 2707 RANDOLPH ST N E MINNEAPOLIS MN 55418 | ROBERT R THOMPSON | RESIDENTIAL | $216,500 | 133 ft |
| 2711 RANDOLPH ST N E MINNEAPOLIS MN 55418 | CONLAN M CAMPBELL | RESIDENTIAL | $261,500 | 138 ft |
| 2701 RANDOLPH ST N E MINNEAPOLIS MN 55418 | ANDREW V LUNZER | RESIDENTIAL | $250,000 | 139 ft |
| 2715 RANDOLPH ST N E MINNEAPOLIS MN 55418 | SARAH C GUSTAFOSN-DOMBECK | RESIDENTIAL | $366,200 | 155 ft |
| 2722 GRAND ST N E MINNEAPOLIS MN 55418 | JOSEPH MCDONALD/CAROL QUINN | RESIDENTIAL | $323,400 | 160 ft |
| 2658 GRAND ST N E MINNEAPOLIS MN 55418 | RODERICK JAMES CASTLEBACK | RESIDENTIAL | $352,200 | 161 ft |
Most Recent Sale
Current Tax Year