For Sale: Minneapolis MLS# 7015014
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Property Description
Rare Infill Development Opportunity – Prime Vacant Lot in High-Demand AreaDiscover this exceptional vacant residential lot at 4015 Lyndale Ave N, Minneapolis, MN 55412 – a true gem for builders and investors seeking infill potential in a thriving urban corridor.Zoned UN3 within Corridor 4 under the City's progressive framework, this site allows 1–4 dwelling units by right, with opportunities for higher density through site plan review. Aligned with the Minneapolis 2040 Comprehensive Plan, the property falls within the "Urban Neighborhood" future land use designation. Corridor 4 supports a diverse mix of building types on small to moderate-sized lots (including potential for combined parcels), featuring built-form guidance of 1–4 stories (with taller structures possible when consistent with Comprehensive Plan objectives).Strategically positioned on a high-frequency bus line for seamless transit access, the lot is just steps from the North Regional Library, Victory Memorial Parkway, and Loring Community School. This prime North Minneapolis location benefits from strong rental demand driven by ongoing neighborhood revitalization, excellent proximity to amenities, and favorable tax incentives available for new construction projects.Ideal for duplexes, triplexes, fourplexes, or thoughtfully designed small multifamily developments. Don't miss this scarce infill site ready to capitalize on Minneapolis's growing housing needs and transit-oriented growth.Lot size: Approximately 5, 227 sq ft (per public records). Utilities at site. Priced to move – bring your vision and build today!
Listing
Listing Status:
Active
Contingency:
None
List Price:
$39,900
Property Type:
Lot/Land
City:
Minneapolis
County:
Hennepin
State:
MN
Property Style:
Lot/Land
Zip Code:
55412
Neighborhood/Area:
81
Subdivision Name:
Barnes Brothers Add
Lot & Land
Acres:
0.12
Geolocation:
45.028075, -93.288457
Inclusions:
Platted, Torrens
Lot Dimensions:
42 x 125
Restrictions:
Open
Zoning:
- Other
- Residential-Multi-Family
- Residential-Single Family
Farm
Topography:
Level
Schools
School District:
558
District Phone:
6126680000
Financial & Taxes
Tax Year:
2025
Annual Taxes:
$308
Lender-owned:
No
Assessment Pending:
Yes
Taxes w/ Assessments:
$637
Association Fee Required:
No
Association Fee:
None
Miscellaneous
Development Status:
Rough Grade
Improvements:
Curbs, Paved Streets, Public Road, Sidewalks
Available Utilities:
- Cable Available
- Electricity Available
- Natural Gas Available
- None Connected
- Phone Available
- Sewer Available
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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 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.