Amazing investment opportunity to build a multi unit. Update! 2040 plan back in play. 4 unit, plan attached. We have verbal approval for a 12 unit as well. Update: 2040 plan back in play. 4 unit, plan attached. We have verbal approval for a12 units as well.
Rare and one-of-a-kind parcel offering an incredible development opportunity in Minneapolis! The proposed plan includes a stunning two-story duplex with nearly 5,000 finished square feet, 6 bedrooms, 4 baths, and a detached two-car garage featuring a 1-bedroom apartment above with an open layout. All three units are thoughtfully designed with gas fireplaces, open kitchens, spacious bedrooms, hardwood floors, and each unit having its own laundry and separate mechanicals for HVAC and AC. Live in one unit and rent out the other two for a potential rent-free living experience. Ideally located close to downtown Minneapolis, 35W, Lake Nokomis, and Richard Green Elementary School, this is one of the few remaining vacant lots in the city. Don’t miss this unique chance to bring your vision to life in a highly sought-after location
Vacant lot ready for your build! See attachments for the use of this potential 3 plex design, plan, and engineering that could be used. Proposed triplex has 3 - 3 bedroom, 2 bath units at 1372 Square feet, for a total living area of 5524 SF, All the hard work has been done, perfect opportunity to take advantage of a new build. Great location and fantastic walkability!
Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
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The median home value in Minneapolis, MN is $340,000. This is lower than the county median home value of $342,800. The national median home value is $338,100. The average price of homes sold in Minneapolis, MN is $340,000. Approximately 45.07% of Minneapolis homes are owned, compared to 48.7% rented, while 6.23% are vacant. Minneapolis real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Minneapolis real estate agent to arrange a tour today!
Minneapolis, Minnesota 55408 has a population of 425,091. Minneapolis 55408 is less family-centric than the surrounding county with 26.08% of the households containing married families with children. The county average for households married with children is 33.3%.
The median household income in Minneapolis, Minnesota 55408 is $70,099. The median household income for the surrounding county is $85,438 compared to the national median of $69,021. The median age of people living in Minneapolis 55408 is 32.7 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 7.1 degrees. The average rainfall is approximately 31.9 inches per year, with 52.4 inches of snow per year.