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Active Contingent
$150,000
/mo Edit
Lot/Land:  Lot/Land
0.13 acres
Minneapolis schools
MLS# 6750393
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    Property Description

    Prime Redevelopment Opportunity in South Minneapolis! Unlock the potential of this residential lot nestled in the heart of the Bancroft neighborhood. Located at 4106 16th Avenue S, this rare offering is ideal for a multi-family or mixed-use development. Adjacent lot is also available! Highlights: - Architectural plans available for a 24-unit apartment building (using both lots) - Zoned Residential-Multi-Family & Single Family - Lot dimensions: 48 x 121 ft - Topography: Level with light tree coverage - Additional structure: Detached garage on site Convenient Urban Location: - Just blocks from public transit, shops, and restaurants - Easy access to I-35W, 42nd Street, and Lake Street - Minutes from Powderhorn Park, Minnehaha Parkway, and Downtown Minneapolis Whether you're a developer, investor, or visionary builder, this site offers a canvas for your next signature project in one of Minneapolis' most vibrant communities.

    Listing

    Contingency: Other
    City: Minneapolis
    County: Hennepin
    State: MN
    Property Style: Lot/Land
    Zip Code: 55407
    Neighborhood/Area: Bancroft
    Subdivision Name: Auditors Sub 379

    Exterior

    Fencing: Chain Link
    Out Buildings: Additional Garage
    Road Responsibility: Public Maintained Road
    Road Frontage:
    • City Street
    • Curbs
    • Paved Streets
    • Sidewalks
    • Storm Sewer
    • Street Lights

    Lot & Land

    Acres: 0.13
    Geolocation: 44.928349, -93.251468
    Inclusions: Torrens
    Lot Dimensions: 48 x 121
    Restrictions: None
    Zoning:
    • Residential-Multi-Family
    • Residential-Single Family
    Lot Description:
    • Public Transit (w/in 6 blks)
    • Some Trees

    Farm

    Topography: Level

    Schools

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

    Financial & Taxes

    Tax Year: 2025
    Annual Taxes: $1,757
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $1,757
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Development Status: Finished Lot(s)
    Improvements: Curbs, Paved Streets, Sidewalks, Storm Sewer
    Available Utilities:
    • Cable Available
    • Electricity Available
    • Natural Gas Available
    • None Connected
    • Sewer Available
    • Water Available

    Mortgage Calculator

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    Payment:  /mo

    Local Home Mortgage Professionals

    Eric Bloomstrand
    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
    Connect with Eric today to get started with your home purchase!

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    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.