1901 E Lake St Minneapolis, MN 55407
Phillips NeighborhoodEstimated payment $2,496/month
Total Views
224,820
0
Acre
--
Price per Acre
0
Sq Ft Lot
About This Lot
Hard corner Lot in Minneapolis, flat, buildable and zoned C1. The property is zoned CM3, Community Mixed Use District, which allows many neighborhood serving commercial uses.----------
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Prime development opportunity near Lake Street! Zoned for high-density use with potential to build up to a 10-story mixed-use or multifamily building. Ideal for developers seeking vertical growth in a walkable, transit-connected corridor. Located steps from Lake Street, in alignment with the City’s Comprehensive Plan encouraging denser, mixed-use projects. Unique expansion potential with the city-owned lot behind the property. While no current agreement exists, the City has expressed interest in future assemblage to support higher-density development. Seize this chance to shape the future of South Minneapolis.
Property Details
Property Type
- Land
Est. Annual Taxes
- $5,274
Lot Details
- Lot Dimensions are 125.10x100.00
- Zoning described as Business/Commercial
Community Details
- No Home Owners Association
- Minnehaha Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 0102824220023
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,274 | $212,700 | $212,700 | -- |
| 2023 | $6,155 | $212,700 | $212,700 | $0 |
| 2022 | $6,290 | $212,700 | $212,700 | $0 |
| 2021 | $5,861 | $200,200 | $200,200 | $0 |
| 2020 | $6,200 | $187,700 | $187,700 | $0 |
| 2019 | $6,393 | $187,700 | $187,700 | $0 |
| 2018 | $6,491 | $187,700 | $187,700 | $0 |
| 2017 | $6,390 | $162,600 | $162,600 | $0 |
| 2016 | $6,590 | $162,600 | $162,600 | $0 |
| 2015 | $8,078 | $162,600 | $162,600 | $0 |
| 2014 | -- | $162,600 | $162,600 | $0 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/18/2025 09/18/25 | Pending | -- | -- | -- | |
| 08/06/2025 08/06/25 | Price Changed | $390,000 | +2.6% | -- | |
| 08/06/2025 08/06/25 | For Sale | $380,000 | +11.8% | -- | |
| 07/11/2024 07/11/24 | Sold | $340,000 | 0.0% | -- | View Prior Sale |
| 06/07/2024 06/07/24 | Pending | -- | -- | -- | |
| 01/10/2024 01/10/24 | For Sale | $340,000 | -- | -- |
Source: NorthstarMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Contract Of Sale | $340,000 | -- | |
| Warranty Deed | -- | None Available | |
| Deed | $34,224 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Deed | $131,250 | -- | |
| Deed | $131,250 | -- | |
| Warranty Deed | $131,250 | -- | |
| Warranty Deed | $131,250 | -- | |
| Warranty Deed | $245,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | -- | No Value Available |
Source: Public Records
About the Listing Agent
I'm an expert real estate agent with Fahan Realty in Bloomington, MN and the nearby area, providing home-buyers and sellers with professional, responsive, and attentive real estate services. In addition to offering professional service, I help clients with buying and selling homes, navigating mortgage options, and getting qualified for a mortgage. I also specialize in new construction and new development projects. Whether you're looking for residential or commercial properties, I have the
Mustaf's Other Listings
Source: NorthstarMLS
MLS Number: 6767289
APN: 01-028-24-22-0023
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