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.
1 permit on record since 2018 · $11K total declared value · Most recent: Jan 2018 (remodel)
TRUNORTH SOLAR
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 4,235 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 2542 3RD ST N E MINNEAPOLIS MN 55418 | K MCKINNEY & Z MCKINNEY | RESIDENTIAL | $338,500 | 46 ft |
| 2534 3RD ST N E MINNEAPOLIS MN 55418 | NICHOLAS RAYMOND SCHMALL | RESIDENTIAL | $309,300 | 46 ft |
| 2546 3RD ST N E MINNEAPOLIS MN 55418 | STEVEN KNIGHT/KAITLIN KNIGHT | RESIDENTIAL-TWO UNIT | $347,700 | 92 ft |
| 2530 3RD ST N E MINNEAPOLIS MN 55418 | TOBY GARBER & JODI GARBER | RESIDENTIAL | $296,000 | 92 ft |
| 2550 3RD ST N E MINNEAPOLIS MN 55418 | IH2 PROPERTY ILLINOIS LP | RESIDENTIAL | $316,700 | 138 ft |
| 2526 3RD ST N E MINNEAPOLIS MN 55418 | SAMUEL A & CAROL A ENGLUND | RESIDENTIAL | $347,200 | 138 ft |
| 2539 2ND ST N E MINNEAPOLIS MN 55418 | WILLIAM M HERZOG | RESIDENTIAL-TWO UNIT | $359,000 | 171 ft |
| 2535 2ND ST N E MINNEAPOLIS MN 55418 | DANIEL SEGARRA ILLESCA | RESIDENTIAL-TWO UNIT | $376,100 | 177 ft |
| 2543 2ND ST N E MINNEAPOLIS MN 55418 | W M HERZOG & D F HERZOG | RESIDENTIAL | $429,300 | 181 ft |
| 2522 3RD ST N E MINNEAPOLIS MN 55418 | MANON WOJACK | RESIDENTIAL | $333,400 | 184 ft |
Most Recent Sale
Current Tax Year