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.
3 permits on record since 2021 · Most recent: May 2023 (existres)
DNA HEATING AND COOLING
CenterPoint Energy Resource Corp
SODERLIN PLUMBING HEATING AND AIR
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 5,523 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2700 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | C BEIS & S TACKABERRY | RESIDENTIAL | $306,900 | 60 ft |
| 2718 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | ED MATTHEES | RESIDENTIAL | $360,000 | 80 ft |
| 2707 GRAND ST N E MINNEAPOLIS MN 55418 | WHITNEY M BEY & D A BRANDIS | RESIDENTIAL | $276,900 | 134 ft |
| 2711 GRAND ST N E MINNEAPOLIS MN 55418 | THOMAS E JACOBSON | RESIDENTIAL-TWO UNIT | $342,600 | 134 ft |
| 2722 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | COMMUNITY HOUSING RESOURCES | RESIDENTIAL | $0 | 140 ft |
| 2701 GRAND ST N E MINNEAPOLIS MN 55418 | A R VICK & M L VICK | RESIDENTIAL | $220,200 | 146 ft |
| 2715 GRAND ST N E MINNEAPOLIS MN 55418 | W J LANGE & D L LANGE | RESIDENTIAL | $139,000 | 146 ft |
| 2658 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | PRO OPERAM SUB XV LLC | RESIDENTIAL | $196,000 | 161 ft |
| 2717 GRAND ST N E MINNEAPOLIS MN 55418 | EMILY TRUDEAU | RESIDENTIAL | $219,800 | 166 ft |
| 2726 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | AARON MARTIE/MELANIE STIMAC | RESIDENTIAL | $278,300 | 180 ft |
Most Recent Sale
Current Tax Year