Keller Williams Realty Integrity Lakes - Kevin Conrad
1/13
Listing Courtesy Of: Johansson Realty Inc, Arne Johansson
Local Realty Services Provided By: Keller Williams Realty Integrity Lakes
Overview
What It'll Cost
Neighborhood
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$109,000
1806 44th Avenue N, Minneapolis, MN 55412
.15 sq ft
$109,000

1806 44th Avenue N, Minneapolis, MN 55412

Estimation provided by Keller Williams Realty Inc.
.15 sq ft
Active
For Sale

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

Property Details

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Overview
Property Type
Land
Days on Site
53 Days
Parking
No
Keller Williams Realty Integrity Lakes
Keller Williams Realty Integrity Lakes
40409567

Activity History

VIEWS
0
SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
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Purchase Price: $109,000
Principal + Interest
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This calculator is just an estimate. Contact Keller Williams for full and accurate assessment.

Price & Tax History

Date
Event
Price
02/19/2025
Price Decrease
$109,000
(-9.17%)
$726,667/sq ft
01/28/2025
Listed
$120,000
(+700%)
$800,000/sq ft
07/20/2017
Sold
$15,000
(-96.06%)
$100,000/sq ft
11/18/2016
Sold
$380,488
(+69.11%)
$2,536,587/sq ft
04/23/2007
Sold
$225,000
(+275%)
$1,500,000/sq ft
01/02/2007
Sold
$60,000
(-25%)
$400,000/sq ft
01/01/2007
Sold
$80,000
(+72.04%)
$533,333/sq ft
06/11/1998
Sold
$46,500
$310,000/sq ft
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2024
$912.46
$33,000
Land 33,000
2023
$912.46
(+58.16%)
$33,000
Land 33,000
2022
$576.94
(+1.07%)
$23,400
Land 23,400
2021
$570.82
(-6%)
$23,400
Land 23,400
2020
$607.28
(+44.02%)
$23,400
Land 23,400
2019
$421.66
(-0.74%)
$23,400
Land 23,400
2018
$424.8
$23,400
Land 23,400
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Keller Williams Realty Integrity Lakes
Keller Williams Realty Integrity Lakes
40409567

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