Sold: Minneapolis 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
Listing Status:
Sold
Contingency:
None
List Price:
$150,000
Sold Price:
$137,500
Sold Date:
12/30/2025
Property Type:
Lot/Land
City:
Minneapolis
County:
Hennepin
State:
MN
Property Style:
Lot/Land
Zip Code:
55407
Neighborhood/Area:
3
Subdivision Name:
Auditors Sub 379
Exterior
Fencing:
Chain Link
Out Buildings:
Garage(s)
Road Responsibility:
Public Maintained Road
Road Frontage:
- City Street
- Curbs
- Paved Streets
- Sidewalks
- Storm Sewer
- Street Lights
Lot & Land
Acres:
0.133
Geolocation:
44.928349, -93.251468
Inclusions:
Torrens
Lot Dimensions:
48 x 121
Restrictions:
Open
Zoning:
- Residential-Multi-Family
- Residential-Single Family
Lot Description:
- Public Transit (w/in 6 blks)
- Tree Coverage - Light
Farm
Topography:
Level
Schools
School District:
558
District Phone:
6126680000
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:
- Broadband Available
- Cable Available
- Electricity Available
- Natural Gas Available
- None Connected
- Sewer 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 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.