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 · $1K total declared value · Most recent: Nov 2019 (existres)
Standard Heating and Air Conditioning Inc
THE HOME DEPOT
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 4,163 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2614 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | DAVID RESLER | RESIDENTIAL-ZERO LOT LINE | $213,200 | 46 ft |
| 2628 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | STEVEN W JOHNSON | RESIDENTIAL | $270,300 | 61 ft |
| 2612 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | TERESA L KRAUSE | RESIDENTIAL-ZERO LOT LINE | $218,400 | 77 ft |
| 2634 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | VICTOR EASTER | RESIDENTIAL | $252,000 | 121 ft |
| 2606 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | R PETERSON & J PETERSON | RESIDENTIAL | $339,300 | 125 ft |
| 2619 GRAND ST N E MINNEAPOLIS MN 55418 | AGNES CHIK FUFA | RESIDENTIAL | $351,000 | 128 ft |
| 2627 GRAND ST N E MINNEAPOLIS MN 55418 | JULIE ANN WALKER | TRIPLEX | $329,900 | 139 ft |
| 2613 GRAND ST N E MINNEAPOLIS MN 55418 | PENELOPE A MICHALIK | RESIDENTIAL | $280,700 | 149 ft |
| 2631 GRAND ST N E MINNEAPOLIS MN 55418 | ASHLEY BYE | RESIDENTIAL | $197,500 | 158 ft |
| 2638 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | ZCW PROPERTIES LLC | RESIDENTIAL | $354,200 | 182 ft |
Most Recent Sale
Current Tax Year