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 2019 · Most recent: Jan 2023 (res)
CenterPoint Energy Resource Corp
Water Heaters Now Inc
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 4,047 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2646 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | ERIN T GENG | RESIDENTIAL | $286,800 | 61 ft |
| 2634 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | VICTOR EASTER | RESIDENTIAL | $252,000 | 61 ft |
| 2650 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | CASEY M NEUMAN | RESIDENTIAL | $289,700 | 111 ft |
| 2628 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | STEVEN W JOHNSON | RESIDENTIAL | $270,300 | 121 ft |
| 2639 GRAND ST N E MINNEAPOLIS MN 55418 | KENNETH J HAYES | RESIDENTIAL-TWO UNIT | $352,200 | 132 ft |
| 2643 GRAND ST N E MINNEAPOLIS MN 55418 | JILL CHARBONNEAU | RESIDENTIAL | $223,100 | 135 ft |
| 2633 GRAND ST N E MINNEAPOLIS MN 55418 | SEAN GALLOWAY | RESIDENTIAL-TWO UNIT | $353,600 | 141 ft |
| 2647 GRAND ST N E MINNEAPOLIS MN 55418 | CLARISSA HALL & MAX PATTSNER | RESIDENTIAL | $227,100 | 150 ft |
| 2654 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | JENA TRAVIESO | RESIDENTIAL-TWO UNIT | $347,600 | 151 ft |
| 2631 GRAND ST N E MINNEAPOLIS MN 55418 | ASHLEY BYE | RESIDENTIAL | $197,500 | 160 ft |
Most Recent Sale
Current Tax Year