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1806 44th N Avenue
Minneapolis, MN 55412

Price
$99,000

MLS #
6652707

Status
Active

0.15 Acres

Hennepin County

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

School District
Minneapolis

2024 Property Taxes
$912

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

Zoning
Residential-Single Family Zone

Features


Utilities
None Connected,None Available

Water
Public

Additional Info


Listed By
Arne Johansson of Johansson Realty Inc

Listed
01/28/25 and last updated 06/05/25

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Based on information submitted to the MLS GRID or Trestle as of DATE and TIME. All data is obtained from various sources and may not have been verified by the broker, MLS GRID, or Trestle. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Open House


Wednesday, December 31 •

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