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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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 2022 · $313K total declared value · Most recent: May 2024 (roofwind)
RAYCO CONSTRUCTION INC
BlakeBorough Hardscapes
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
Most Recent Sale
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2648 MARSHALL ST N E MINNEAPOLIS MN 55418 | ANDREW J WATTENHOFER | RESIDENTIAL-TWO UNIT | $600,800 | 90 ft |
| 2644 MARSHALL ST N E MINNEAPOLIS MN 55418 | J & K MILLER LLC | VACANT LAND-RESIDENTIAL | $300 | 116 ft |
| 2644 MARSHALL ST N E MINNEAPOLIS MN 55418 | J&K MILLER LLC | LAND - INDUSTRIAL | $163,000 | 146 ft |
| 2630 MARSHALL ST N E MINNEAPOLIS MN 55418 | J&K MILLER LLC | LAND - INDUSTRIAL | $70,700 | 190 ft |
| 2628 MARSHALL ST N E MINNEAPOLIS MN 55418 | J&K MILLER LLC | LAND - INDUSTRIAL | $89,300 | 220 ft |
| 2626 MARSHALL ST N E MINNEAPOLIS MN 55418 | J&K MILLER LLC | LAND - INDUSTRIAL | $120,800 | 257 ft |
| 2701 MARSHALL ST N E MINNEAPOLIS MN 55418 | G ST MARTIN & A ST MARTIN | RESIDENTIAL | $304,100 | 331 ft |
| 2653 MARSHALL ST N E MINNEAPOLIS MN 55418 | PYRAMID GROUP LLC | RESIDENTIAL-TWO UNIT | $327,100 | 340 ft |
| 2707 MARSHALL ST N E MINNEAPOLIS MN 55418 | RICHARD EDLICH | RESIDENTIAL | $203,300 | 344 ft |
| 2647 MARSHALL ST N E MINNEAPOLIS MN 55418 | JAMES F KING | RESIDENTIAL | $216,000 | 348 ft |