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 ↗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 ↗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 ↗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.
3 permits on record since 2019 · $1.1M total declared value · Most recent: Feb 2020 (commercial multi-family)
Kalmes Mechanical Inc
KAB Plumbing LLC
CNC CONSTRUCTION LLC
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Sheridan · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 24
Zip code 55413
Source: Redfin Data Center (Invalid Date) · Zip 55413
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 3-story wood frame (5–12 units) benchmarks for 3,773 sqft buildable area.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 1623 MARSHALL ST N E MINNEAPOLIS MN 55413 | M CLUB PROPERTIES LLC | APARTMENT | $1,151,000 | 45 ft |
| 1633 MARSHALL ST N E MINNEAPOLIS MN 55413 | E A SHEEHAN & R J SHEEHAN | RESIDENTIAL | $404,500 | 68 ft |
| 1621 MARSHALL ST N E MINNEAPOLIS MN 55413 | N P R R CO | RAILROAD | $0 | 90 ft |
| 1705 MARSHALL ST N E MINNEAPOLIS MN 55413 | TIMOTHY A HEALY | RESIDENTIAL-TWO UNIT | $384,800 | 135 ft |
| 1609 MARSHALL ST N E MINNEAPOLIS MN 55413 | N P R R CO | RAILROAD | $0 | 136 ft |
| 1628 GRAND ST N E MINNEAPOLIS MN 55413 | D A DUNN ET AL SUBJ/LE | RESIDENTIAL-TWO UNIT | $403,500 | 148 ft |
| 1632 GRAND ST N E MINNEAPOLIS MN 55413 | SONYA E HEGLUND | RESIDENTIAL | $276,900 | 155 ft |
| 1608 GRAND ST N E MINNEAPOLIS MN 55413 | NPRR | RAILROAD | $0 | 162 ft |
| 1702 GRAND ST N E MINNEAPOLIS MN 55413 | 1702 GRAND NE LLC | RESIDENTIAL-TWO UNIT | $413,900 | 174 ft |
| 1711 MARSHALL ST N E MINNEAPOLIS MN 55413 | STEPHEN A SCHMID | RESIDENTIAL | $368,100 | 180 ft |
Most Recent Sale
Current Tax Year