Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity 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 ↗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.
2 permits on record since 2006 · $140K total declared value · Most recent: Aug 2023 (existres)
BOYS 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 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 2,423 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2611 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | RICHARD JUELFS | RESIDENTIAL | $228,900 | 40 ft |
| 2619 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | BRENT CAMP | RESIDENTIAL | $352,300 | 40 ft |
| 2605 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | V M GIDZAK & B C GIDZAK | RESIDENTIAL | $260,000 | 80 ft |
| 2623 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | O S SAMATAR & N M MOHAMUD | RESIDENTIAL | $470,100 | 81 ft |
| 2627 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | LESZEK K JARDEL | RESIDENTIAL | $310,200 | 121 ft |
| 2601 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | V GIDZAK & B GIDZAK | VACANT LAND-RESIDENTIAL | $44,000 | 121 ft |
| 2631 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | MICHAEL J PRANGHOFER ET AL | RESIDENTIAL-TWO UNIT | $360,100 | 161 ft |
| 2612 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | TERESA L KRAUSE | RESIDENTIAL-ZERO LOT LINE | $218,400 | 182 ft |
| 2614 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | DAVID RESLER | RESIDENTIAL-ZERO LOT LINE | $213,200 | 184 ft |
| 2606 CALIFORNIA ST N E MINNEAPOLIS MN 55418 | R PETERSON & J PETERSON | RESIDENTIAL | $339,300 | 190 ft |
Most Recent Sale
Current Tax Year