For Sale: Minneapolis MLS# 7134652
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Property Description
Development opportunity in Tangletown near West 46th Street and Nicollet Avenue, with convenient access to neighborhood restaurants, services, and transit. The former residence has been removed, and utility clearance work has been completed.
A preliminary 18-unit multifamily concept has been prepared and presented to the City of Minneapolis, with the design intended for administrative review. Available due-diligence materials include a survey, soil report, concept plans, and preliminary civil documents.
Buyer may acquire the site with the available plans and documents and use the seller’s design-build team or another builder. Alternative development concepts may also be considered, subject to buyer due diligence and City approval. A strong infill opportunity for an owner-operator or investor seeking to add a boutique multifamily project to an existing portfolio.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$499,000
Property Type:
Lot/Land
City:
Minneapolis
County:
Hennepin
State:
MN
Property Style:
Lot/Land
Zip Code:
55419
Neighborhood/Area:
76
Subdivision Name:
Swans 2nd Add
Builder Name:
JLS DESIGN + BUILD LLC
Exterior
Road Responsibility:
Public Maintained Road
Road Frontage:
- City Street
- County Road
- Paved Streets
- Sidewalks
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.13
Geolocation:
44.918336, -93.278361
Inclusions:
Soil Test Available, Survey
Lot Dimensions:
45 x 127
Restrictions:
Open
Zoning:
- Business/Commercial
- Residential-Multi-Family
Lot Description:
- Cleared
- Infill Lot
- Public Transit (w/in 6 blks)
- Underground Utilities
Farm
Topography:
Level
Schools
School District:
1
District Phone:
6126680000
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$2,279
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$2,279
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Development Status:
Other
Improvements:
Other
Available Utilities:
- Electricity Available
- Natural Gas Available
- None Connected
- Sewer Available
- Solar Available
- Underground Utilities Available
- Water Available
Power Company Name:
Xcel Energy
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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!
Listing provided by RMLS,
courtesy of Stone Arch 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.