$79,000
Minneapolis, MN 55412
MLS# 6802598
1 / 16
Property Description
Discover an incredible development opportunity at 1806 44th Ave N in Minneapolis. This commercial-zoned property offers the potential to construct a 12-unit apartment building in a thriving area near North Regional Library, Victory Memorial Parkway, and direct bus routes to downtown. Residents will enjoy nearby dining options like Tori 44 and The Lowry Cafe, as well as proximity to Loring Community School and other amenities. This property presents an exceptional investment opportunity with significant tax benefits, including depreciation and mortgage interest deductions. With the potential for **huge cash flow, tax savings, and long-term equity growth**, projected cash flow after the mortgage is paid off could exceed **$280,000 annually**, making it an ideal choice for future retirement security. Don’t miss your chance to bring this high-demand development project to life.
Details
Maps
Contract Information
Owner is an Agent?: Yes
Auction?: No
Status: Active
Contingency: None
Current Price: $79,000
Original List Price: 105000
ListPrice: 79000
List Date: 2025-10-20
Office/Member Info
Association: MAAR
General Property Information
Comp Sale YN: No
Development: No
Lot Measurement: Square Feet
Multiple PIDs?: No
Plat Recorded: Yes
Waterfront Present: No
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Lot Dimensions: 43x150x43x150
Lot Size SqFt: 6534
Association Fee: 0
Assessment Pending: Unknown
Location, Tax and Other Information
AssocFeeYN: No
Legal Description: LOT 007 BLOCK 013 CAMDEN OAKS ADDN TO MPLS
Listing City: Minneapolis
Map Page: 92
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 1736
Property ID Number: 1411821110014
Tax Year: 2025
Tax Amount: 940
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Discover an incredible development opportunity at 1806 44th Ave N in Minneapolis. This commercial-zoned property offers the potential to construct a 12-unit apartment building in a thriving area near North Regional Library, Victory Memorial Parkway, and direct bus routes to downtown. Residents will enjoy nearby dining options like Tori 44 and The Lowry Cafe, as well as proximity to Loring Community School and other amenities. This property presents an exceptional investment opportunity with significant tax benefits, including depreciation and mortgage interest deductions. With the potential for **huge cash flow, tax savings, and long-term equity growth**, projected cash flow after the mortgage is paid off could exceed **$280,000 annually**, making it an ideal choice for future retirement security. Don’t miss your chance to bring this high-demand development project to life.
Directions: Take I-94W to 38th Ave N Turn R Take L onto Washington Ave Turn L on Webber Pkwy & then L on 44th Ave N
Assessments
Assessment Balance: 0
Assessment Installment: 0
Tax With Assessments: 940
Builder Information
Builder Restrictions: Open
Development Status
Other: 1
Insurance Fee
Insurance Fee: 0
Lease Details
Land Leased: Not Applicable
Miscellaneous Information
Homestead: No
Ownership
Fractional Ownership: No
Public Survey Info
Range#: 21
Section#: 14
Township#: 118
Restriction/Covenants
None: 1
Road Frontage
City Street: 1
Curbs: 1
Paved Streets: 1
Sidewalks: 1
Topography
Level: 1
Available Utilities
None Connected: 1
Improvements
Curbs: 1
Paved Streets: 1
Sidewalks: 1
Land Inclusions
Deck: 1
Location Tax and Other Information
House Number: 1806
Street Name: 44th
Street Suffix: Avenue
Street Direction Suffix: N
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55412
Complex/Dev/Subdivision: Camden Oaks Add
Property Features
Available Utilities: None Connected
Development Status: Other
Improvements: Curbs; Paved Streets; Sidewalks
Land Inclusions: Deck
Road Frontage: City Street; Curbs; Paved Streets; Sidewalks
Topography: Level
Listing Office: eXp Realty
Last Updated: April - 06 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.