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.
1 permit on record since 2020 · Most recent: Dec 2020 (res)
Urban Pine Plumbing and 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 small multifamily (2–4 units, wood frame) benchmarks for 2,436 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2642 GRAND ST N E MINNEAPOLIS MN 55418 | JOHN FOECKING | RESIDENTIAL | $248,200 | 40 ft |
| 2650 GRAND ST N E MINNEAPOLIS MN 55418 | TARA BAKER | RESIDENTIAL | $319,700 | 40 ft |
| 2636 GRAND ST N E MINNEAPOLIS MN 55418 | C OGHARIBHOR & A BRAUER | RESIDENTIAL-TWO UNIT | $318,100 | 81 ft |
| 2658 GRAND ST N E MINNEAPOLIS MN 55418 | RODERICK JAMES CASTLEBACK | RESIDENTIAL | $352,200 | 101 ft |
| 2632 GRAND ST N E MINNEAPOLIS MN 55418 | AGNES CHIK-FUFA | LOW INCOME RENTAL | $312,000 | 121 ft |
| 2651 RANDOLPH ST N E MINNEAPOLIS MN 55418 | THOMAS M ANDERSEN | RESIDENTIAL | $304,900 | 133 ft |
| 2641 RANDOLPH ST N E MINNEAPOLIS MN 55418 | LAWRENCE DENUCCI ET AL | RESIDENTIAL | $275,600 | 138 ft |
| 38 27TH AVE N E MINNEAPOLIS MN 55418 | BRIAN RICHARD CRAWFORD | RESIDENTIAL | $392,700 | 142 ft |
| 2637 RANDOLPH ST N E MINNEAPOLIS MN 55418 | M M SHURKIN & E SHURKINA | RESIDENTIAL | $219,900 | 154 ft |
| 2630 GRAND ST N E MINNEAPOLIS MN 55418 | MICHELLE FOSSE | RESIDENTIAL-TWO UNIT | $333,600 | 162 ft |
Most Recent Sale
Current Tax Year