4106 16th Ave S Minneapolis, MN 55407
Bancroft NeighborhoodEstimated payment $933/month
About This Lot
Prime Redevelopment Opportunity in South Minneapolis!
Unlock the potential of this residential lot nestled in the heart of the Bancroft neighborhood. Located at 4106 16th Avenue S, this rare offering is ideal for a multi-family or mixed-use development. Adjacent lot is also available! Highlights:
- Architectural plans available for a 24-unit apartment building (using both lots)
- Zoned Residential-Multi-Family & Single Family
- Lot dimensions: 48 x 121 ft
- Topography: Level with light tree coverage
- Additional structure: Detached garage on site Convenient Urban Location:
- Just blocks from public transit, shops, and restaurants
- Easy access to I-35W, 42nd Street, and Lake Street
- Minutes from Powderhorn Park, Minnehaha Parkway, and Downtown Minneapolis Whether you're a developer, investor, or visionary builder, this site offers a canvas for your next signature project in one of Minneapolis' most vibrant communities.
Listing Agent
Coldwell Banker Realty Brokerage Phone: 612-702-1117 Listed on: 07/07/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $1,757
Lot Details
- Lot Dimensions are 48x121
- Chain Link Fence
- Few Trees
- Finished Lot(s)
- Zoning described as Residential-Multi-Family,Residential-Single Family
Community Details
- No Home Owners Association
- Auditors Sub 379 Subdivision
Listing and Financial Details
- Assessor Parcel Number 1102824140011
Map
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 | $1,794 | $121,000 | $106,000 | $15,000 |
| 2023 | $1,537 | $118,000 | $106,000 | $12,000 |
| 2022 | $1,204 | $96,000 | $92,000 | $4,000 |
| 2021 | $683 | $86,900 | $71,900 | $15,000 |
| 2020 | $846 | $51,000 | $37,300 | $13,700 |
| 2019 | $871 | $51,000 | $37,300 | $13,700 |
| 2018 | $813 | $51,000 | $37,300 | $13,700 |
| 2017 | $748 | $41,000 | $33,900 | $7,100 |
| 2016 | $771 | $41,000 | $33,900 | $7,100 |
| 2015 | $758 | $45,500 | $33,900 | $11,600 |
| 2014 | -- | $43,500 | $32,200 | $11,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/07/2025 07/07/25 | For Sale | $150,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $174,000 | Trademark Title | |
| Warranty Deed | $205,000 | -- |
Source: NorthstarMLS
MLS Number: 6750393
APN: 11-028-24-14-0011
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