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 2016 · $13K total declared value · Most recent: Jul 2023 (misc)
BARNHOUSE EXTERIORS LLC
CenterPoint Energy Resource Corp
CenterPoint Energy Resource Corp
TEAM MECHANICAL 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 3 — medium-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 3-story wood frame (5–12 units) benchmarks for 4,401 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2518 GRAND ST N E MINNEAPOLIS MN 55418 | MARVIN J CHOCK ETAL | RESIDENTIAL | $276,500 | 42 ft |
| 2522 GRAND ST N E MINNEAPOLIS MN 55418 | PATRICK COSTELLO | RESIDENTIAL | $298,100 | 83 ft |
| 47 LOWRY AVE N E MINNEAPOLIS MN 55418 | UPDOWN LOWRY LLC | RESIDENTIAL-TWO UNIT | $350,000 | 86 ft |
| 55 LOWRY AVE N E MINNEAPOLIS MN 55418 | SUGARLAND PROPERTIES LLC | TRIPLEX | $703,400 | 86 ft |
| 41 LOWRY AVE N E MINNEAPOLIS MN 55418 | G O P CRIOLLO/L M M BERNAL | RESIDENTIAL | $262,000 | 107 ft |
| 59 LOWRY AVE N E MINNEAPOLIS MN 55418 | SUGARLAND PROPERTIES LLC | TRIPLEX | $633,400 | 107 ft |
| 2526 GRAND ST N E MINNEAPOLIS MN 55418 | JANICE M HALLETT | RESIDENTIAL-TWO UNIT | $369,500 | 124 ft |
| 2530 GRAND ST N E MINNEAPOLIS MN 55418 | SOPHIE SCHELLER | RESIDENTIAL | $323,000 | 166 ft |
| 2501 GRAND ST N E MINNEAPOLIS MN 55418 | C A PARKER JR & R C PARKER | RESIDENTIAL | $309,000 | 197 ft |
| 2519 MARSHALL ST N E MINNEAPOLIS MN 55418 | TOO FAST TO DIE LLC | COMMERCIAL-PREFERRED | $625,000 | 200 ft |
Most Recent Sale
Current Tax Year