Located in the Tangletown neighborhood with a wonderful walk score near the southwest corner of 46th & Nicollet presents an incredible opportunity to build a proposed 18-unit new construction apartment project. The hard work is over! Existing home and utilities have been cleared. Proposed project has been designed for administrative approvals. Concept plans are attached. Buyer can purchase the site (including plans and all documents) and have us build the project or use own builder. Buyer could option to change the use if interested but we believe a boutique multifamily apartment is highest and best use. An ideal scenario for an owner / operator looking to take the next step or add to the portfolio.
The median home value in Minneapolis, MN is $294,200. 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 $294,200. 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 55419 has a population of 425,091. Minneapolis 55419 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 55419 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 55419 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.