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For Sale:  Minneapolis MLS# 6692015

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Active
$349,900
/mo Edit
Lot/Land:  Lot/Land
0.17 acres
Minneapolis schools
MLS# 6692015
612-990-4778
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    Property Description

    This is a fantastic development opportunity to own a large lot in Minneapolis! The property is zoned as UN2 (Urban Neighborhood 2 District) and BFI3 (Interior 3 Built Form Overlay District). According to the City of Minneapolis, you can build up to 12 units with a maximum height of 3 stories. Common buildings in this zoning district include condominiums and apartments with up to 12 units, as well as side-loaded four-unit townhomes. Currently, there is a community garden on the lot, but it will be vacated before closing, as there are no leases in place.

    Listing

    Listing Status: Active
    Contingency: None
    List Price: $349,900
    Property Type: Lot/Land
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Lot/Land
    Zip Code: 55408
    Neighborhood/Area: Lyndale
    Subdivision Name: Motor Line Add

    Exterior

    Fencing: None
    Road Responsibility: Public Maintained Road
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer

    Lot & Land

    Acres: 0.17
    Geolocation: 44.943756, -93.287214
    Inclusions: None
    Lot Dimensions: 63 x 121
    Restrictions: None
    Zoning: Residential-Multi-Family
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Tree Coverage - Light

    Farm

    Topography: Level

    Schools

    School District: 1
    District Phone: 612-668-0000

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $3,459
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $3,459
    Association Fee Required: No
    Association Fee: None
    Taxable Acres: 0.170

    Miscellaneous

    Development Status: Rough Grade
    Improvements: Paved Streets, Public Road, Sidewalks, Storm Sewer
    Available Utilities:
    • Electricity Available
    • Natural Gas Available
    • None Connected
    • Sewer Available
    • Water Available

    Mortgage Calculator

    Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment and loan term. Property taxes are based on the last known value for this property or 0.012 of property price when data is unavailable. Your interest rate and insurance rates will vary based on credit score, loan type, etc.
    Payment:  /mo

    Listing provided by RMLS, courtesy of Coldwell Banker Realty.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.