For Sale: Minneapolis MLS# 6692015
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Property Description
Don’t miss this exceptional development opportunity to own a spacious lot in the heart of Minneapolis! This property is strategically zoned as UN2 (Urban Neighborhood 2 District) and BFI3 (Interior 3 Built Form Overlay District), allowing for the construction of up to 12 units with a maximum height of 3 stories. In this sought-after zoning district, you can create a thriving community, including condominiums, apartments, or side-loaded four-unit townhomes. Currently, a community garden occupies the lot, but it will be removed prior to closing, as there are no existing leases. Take advantage of this prime location and unlock its full potential!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$329,900
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)
- Some Trees
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
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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.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.