Within a federally designated Qualified Opportunity Zone — investors may qualify for capital gains deferrals via a Qualified Opportunity Fund.
HUD Opportunity Zones ↗On a Minneapolis 2040 Goods and Services Corridor — zoning supports commercial and light industrial uses.
Minneapolis Great Streets ↗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 ↗Designated a Priority parcel in Minneapolis's Great Streets program — eligible for facade improvement grants and commercial gap financing.
Minneapolis Great Streets ↗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 ↗Matching grants for exterior improvements to commercial buildings on eligible corridors; contact CPED for current availability.
Minneapolis — Facade Improvement Matching Grant ↗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: May 2020 (res)
Roberts Plumbing 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
Residential Mixed-Use 1 — low-density mixed 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 4,235 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 |
| 2538 UNIVERSITY AVE N E MINNEAPOLIS MN 55418 | M PHILLIPS & M PHILLIPS | RESIDENTIAL | $251,000 | 46 ft |
| 2550 UNIVERSITY AVE N E MINNEAPOLIS MN 55418 | A ZHURAVEL & A ZHURAVEL | TRIPLEX | $322,600 | 92 ft |
| 2534 UNIVERSITY AVE N E MINNEAPOLIS MN 55418 | MATTHEW YSTAD & CARRIE YSTAD | RESIDENTIAL-TWO UNIT | $344,700 | 92 ft |
| 2530 UNIVERSITY AVE N E MINNEAPOLIS MN 55418 | TOMMY JAMES MONETTE | RESIDENTIAL-TWO UNIT | $320,700 | 138 ft |
| 2543 3RD ST N E MINNEAPOLIS MN 55418 | K HUBBARD & D J HUBBARD TR | RESIDENTIAL | $392,800 | 171 ft |
| 2539 3RD ST N E MINNEAPOLIS MN 55418 | KATIE A CARTLEDGE | RESIDENTIAL | $275,400 | 177 ft |
| 2547 3RD ST N E MINNEAPOLIS MN 55418 | D E SEELEN & M M JENSEN | RESIDENTIAL | $214,500 | 177 ft |
| 2526 UNIVERSITY AVE N E MINNEAPOLIS MN 55418 | ANDREW HERDER | RESIDENTIAL-TWO UNIT | $326,800 | 184 ft |
| 2537 3RD ST N E MINNEAPOLIS MN 55418 | JOHN E TRELSTAD | RESIDENTIAL | $191,000 | 189 ft |
Most Recent Sale
Current Tax Year