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 ↗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.
No permits found in Minneapolis open data for this parcel.
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 2,431 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2611 RANDOLPH ST N E MINNEAPOLIS MN 55418 | RYAN DANIEL JOHNSON | RESIDENTIAL | $305,400 | 40 ft |
| 2619 RANDOLPH ST N E MINNEAPOLIS MN 55418 | GWEN M MEYER | RESIDENTIAL | $189,500 | 40 ft |
| 2605 RANDOLPH ST N E MINNEAPOLIS MN 55418 | HAROLD E JONES/BONNI E JONES | RESIDENTIAL | $248,500 | 81 ft |
| 2623 RANDOLPH ST N E MINNEAPOLIS MN 55418 | JUSTIN GRIMES & K GRIMES | RESIDENTIAL-TWO UNIT | $439,900 | 81 ft |
| 2627 RANDOLPH ST N E MINNEAPOLIS MN 55418 | HANNAHLEE ROSE BURTON | RESIDENTIAL | $359,800 | 121 ft |
| 2601 RANDOLPH ST N E MINNEAPOLIS MN 55418 | AGNES CHIK-FUFA | LOW INCOME RENTAL | $351,600 | 122 ft |
| 2614 GRAND ST N E MINNEAPOLIS MN 55418 | J A ROSEMEYER & J M GROSS | RESIDENTIAL | $239,300 | 131 ft |
| 2618 GRAND ST N E MINNEAPOLIS MN 55418 | TYLER W PEDERSON | RESIDENTIAL | $244,000 | 137 ft |
| 2610 GRAND ST N E MINNEAPOLIS MN 55418 | U F BEYENDORFF & T S KENNEDY | RESIDENTIAL | $283,300 | 137 ft |
| 2622 GRAND ST N E MINNEAPOLIS MN 55418 | JOHN KNUTSON | RESIDENTIAL | $279,200 | 154 ft |
Most Recent Sale
Current Tax Year