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.
2 permits on record since 2018 · $9K total declared value · Most recent: Dec 2021 (addition)
Robert R Thompson
Pamela M Demarais
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 |
|---|---|---|---|---|
| 2701 RANDOLPH ST N E MINNEAPOLIS MN 55418 | ANDREW V LUNZER | RESIDENTIAL | $250,000 | 40 ft |
| 2711 RANDOLPH ST N E MINNEAPOLIS MN 55418 | CONLAN M CAMPBELL | RESIDENTIAL | $261,500 | 40 ft |
| 2715 RANDOLPH ST N E MINNEAPOLIS MN 55418 | SARAH C GUSTAFOSN-DOMBECK | RESIDENTIAL | $366,200 | 80 ft |
| 2719 RANDOLPH ST N E MINNEAPOLIS MN 55418 | KELLY J DZIEDZIC | RESIDENTIAL | $342,100 | 120 ft |
| 2706 GRAND ST N E MINNEAPOLIS MN 55418 | CLIFTON PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $305,600 | 133 ft |
| 2710 GRAND ST N E MINNEAPOLIS MN 55418 | BAILEY MEYER | RESIDENTIAL | $302,700 | 138 ft |
| 2700 GRAND ST N E MINNEAPOLIS MN 55418 | MATTHEW D SCHERFENBERG ETAL | RESIDENTIAL-TWO UNIT | $349,000 | 138 ft |
| 2714 GRAND ST N E MINNEAPOLIS MN 55418 | K RICHTER ET AL SUBJ/L E | RESIDENTIAL | $277,400 | 155 ft |
| 2657 RANDOLPH ST N E MINNEAPOLIS MN 55418 | PHILIP J & RITA G JOHNSON | RESIDENTIAL | $285,400 | 162 ft |
| 38 27TH AVE N E MINNEAPOLIS MN 55418 | BRIAN RICHARD CRAWFORD | RESIDENTIAL | $392,700 | 163 ft |
Most Recent Sale
Current Tax Year