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 ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗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.
3 permits on record since 2017 · $22K total declared value · Most recent: Jun 2023 (unitcon)
ADI ZHURAVEL
Mayday Restoration
Adi Zhuravel
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
Residential Mixed-Use 1 — low-density mixed residential
Front Street
On corner lots, the selected street determines which setbacks apply to each side.
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 3,648 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2546 UNIVERSITY AVE N E MINNEAPOLIS MN 55418 | SAF LLC | VACANT LAND-RESIDENTIAL | $49,000 | 46 ft |
| 2542 UNIVERSITY AVE N E MINNEAPOLIS MN 55418 | SAMUEL PHILPOT | RESIDENTIAL-TWO UNIT | $327,400 | 92 ft |
| 2600 UNIVERSITY AVE N E MINNEAPOLIS MN 55418 | LELIS LAURENCIO AMADOR LV TR | RESIDENTIAL-TWO UNIT | $300,500 | 105 ft |
| 2538 UNIVERSITY AVE N E MINNEAPOLIS MN 55418 | M PHILLIPS & M PHILLIPS | RESIDENTIAL | $251,000 | 138 ft |
| 2606 UNIVERSITY AVE N E MINNEAPOLIS MN 55418 | ROLAND J GERKEN JR | RESIDENTIAL-TWO UNIT | $273,000 | 149 ft |
| 2551 3RD ST N E MINNEAPOLIS MN 55418 | JOHN VANG ET AL | RESIDENTIAL | $339,600 | 171 ft |
| 2547 3RD ST N E MINNEAPOLIS MN 55418 | D E SEELEN & M M JENSEN | RESIDENTIAL | $214,500 | 177 ft |
| 2534 UNIVERSITY AVE N E MINNEAPOLIS MN 55418 | MATTHEW YSTAD & CARRIE YSTAD | RESIDENTIAL-TWO UNIT | $344,700 | 184 ft |
| 2547 UNIVERSITY AVE N E MINNEAPOLIS MN 55418 | M A G PROPERTIES LLC | RESIDENTIAL-TWO UNIT | $297,000 | 190 ft |
| 2610 UNIVERSITY AVE N E MINNEAPOLIS MN 55418 | SHELLEY M TANG TRUST | RESIDENTIAL | $196,000 | 193 ft |
Most Recent Sale
Current Tax Year