For Sale: Minneapolis MLS# 6802622
Ask the Agent℠
Ask the Agent℠
Thank You!
An agent will be in contact with you soon to answer your question.
Property Description
Prime Multi-Family Development Opportunity! This zoned commercial lot is perfectly positioned for a 34-unit apartment building in the heart of a thriving community. Located just blocks from George Floyd Square, steps from a major bus line, and within walking distance to grocery stores and local amenities, this site is ideal for affordable housing development. The area boasts strong community engagement and ongoing revitalization, making it a prime investment for developers seeking high demand and growth potential. Don’t miss the chance to contribute to the community with a well-located, thoughtfully designed multi-family project. Reach out today for site plans and development details!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$550,000
Property Type:
Lot/Land
City:
Minneapolis
County:
Hennepin
State:
MN
Property Style:
Lot/Land
Zip Code:
55409
Neighborhood/Area:
Bryant
Subdivision Name:
Ridgeways 1st Add
Lot & Land
Acres:
0.12
Geolocation:
44.932689, -93.270505
Inclusions:
Deck
Lot Dimensions:
38 x 132 x 38 x 132
Restrictions:
None
Zoning:
Residential-Single Family
Lot Description:
- Additional Land Available
- Public Transit (w/in 6 blks)
Farm
Topography:
Other
Schools
School District:
1
District Phone:
612-668-0000
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$1,820
Lender-owned:
No
Assessment Pending:
Unknown
Taxes w/ Assessments:
$1,820
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Development Status:
Finished Lot(s)
Improvements:
Curbs, Paved Streets, Public Road
Available Utilities:
- None Available
- None Connected
Mortgage Calculator
Use this calculator to estimate your monthly mortgage payment, including taxes and insurance. Simply enter
the price of the home, your down payment and loan term. Property taxes are based on the last
known value for this property or 0.012 of property
price when data is unavailable. Your interest rate and insurance rates will vary based on
credit score, loan type, etc.
This amortization schedule shows how much of your monthly payment will go towards the principle and how
much will go towards the interest.
| Month | Principal | Interest | P&I | Balance |
|---|---|---|---|---|
| Year | Principal | Interest | P&I | Balance |
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 eXp 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.