Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity 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 ↗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 · $4K total declared value · Most recent: Jan 2023 (res)
CenterPoint Energy Resource Corp
HOME SWEET HOME CONSTRUCTION
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 2,368 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2750 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | THOMAS J FITZPATRICK | RESIDENTIAL | $229,700 | 40 ft |
| 2742 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | ASHANTI PAYNE JR | RESIDENTIAL-TWO UNIT | $423,800 | 40 ft |
| 2754 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | DANIEL SCHILLING | RESIDENTIAL | $311,000 | 80 ft |
| 2738 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | HANNAH NICOLE PEARSON | RESIDENTIAL | $210,200 | 80 ft |
| 2758 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | ADRIANA G HIDALGO | RESIDENTIAL | $268,900 | 120 ft |
| 2734 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | RONALD E & KAY J BEASTROM | RESIDENTIAL | $228,000 | 120 ft |
| 2747 GRAND ST N E MINNEAPOLIS MN 55418 | JOSEPH FERNANDEZ | RESIDENTIAL | $265,700 | 133 ft |
| 2743 GRAND ST N E MINNEAPOLIS MN 55418 | JISIKE INVESTMENT GROUP LLC | RESIDENTIAL-TWO UNIT | $347,900 | 139 ft |
| 2751 GRAND ST N E MINNEAPOLIS MN 55418 | KEITH HOLME | RESIDENTIAL | $287,200 | 139 ft |
| 2755 GRAND ST N E MINNEAPOLIS MN 55418 | N J WASCHE & J WASCHE | RESIDENTIAL-TWO UNIT | $352,500 | 155 ft |
Most Recent Sale
Current Tax Year