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.
4 permits on record since 2017 · $20K total declared value · Most recent: Jun 2022 (existres)
CENTERPOINT ENERGY
Boy's Mechanical Inc
J GADTKE PLUMBING INC
RAM CONSTRUCTION AND REMODELING
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 1 — low-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 sfr / adu benchmarks for 1,445 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2619 MARSHALL ST N E MINNEAPOLIS MN 55418 | STEVEN GENTRY & TRINA GENTRY | RESIDENTIAL-TWO UNIT | $254,500 | 59 ft |
| 2618 RANDOLPH ST N E MINNEAPOLIS MN 55418 | K M HARTNETT & M COLLETTE | RESIDENTIAL | $255,500 | 69 ft |
| 2611 MARSHALL ST N E MINNEAPOLIS MN 55418 | NORDEAST PARTNERS LLC | RESIDENTIAL-TWO UNIT | $327,600 | 71 ft |
| 2626 RANDOLPH ST N E MINNEAPOLIS MN 55418 | WILLIAM P SMITH | RESIDENTIAL-TWO UNIT | $359,100 | 95 ft |
| 2604 RANDOLPH ST N E MINNEAPOLIS MN 55418 | ANDREW D BLACK & K A BLACK | RESIDENTIAL | $398,700 | 127 ft |
| 2630 RANDOLPH ST N E MINNEAPOLIS MN 55418 | WAYNE H NOVITSKY | RESIDENTIAL | $248,100 | 140 ft |
| 2602 RANDOLPH ST N E MINNEAPOLIS MN 55418 | CONOR CALLAGHAN | RESIDENTIAL | $216,000 | 171 ft |
| 2635 MARSHALL ST N E MINNEAPOLIS MN 55418 | E SHURKINA & M SHURKIN | RESIDENTIAL-TWO UNIT | $274,800 | 189 ft |
| 2600 RANDOLPH ST N E MINNEAPOLIS MN 55418 | PATRICK C RED EAGLE | RESIDENTIAL | $261,700 | 203 ft |
| 2623 RANDOLPH ST N E MINNEAPOLIS MN 55418 | JUSTIN GRIMES & K GRIMES | RESIDENTIAL-TWO UNIT | $439,900 | 223 ft |
Most Recent Sale
Current Tax Year