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Active
$349,900
/mo Edit
Lot/Land:  Lot/Land
0.17 acres
Minneapolis schools
MLS# 6692015
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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

    Contingency: None
    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

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    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.