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.
Closed
$137,500
4106 16th Ave S, Minneapolis, MN 55407
--beds
--baths
5,808Square Feet
Unimproved Land
Built in ----
5,808 Square Feet Lot
$-- Zestimate®
$--/sqft
$1,882 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,882/mo
Zestimate® history
Owner options
List your home for rent
$1,882/mo
Rent Zestimate®
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$1,882/mo
Rent Zestimate®
Refinance and save
$715/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$715/mo
Est. payment
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Residential lot
Zillow last checked:
Listing updated:
Listed by:
Byron J Anfinson 612-702-1117,
Coldwell Banker Realty
Bought with:
Deena Laugen
eXp Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6750393
Facts & features
Interior
Features
- Has basement: No
Property
Parking
- Parking features: Garage
- Has garage: Yes
Features
- Fencing: Chain Link
Lot
- Size: 5,808 sqft
- Dimensions: 48 x 121
- Features: Near Public Transit, Tree Coverage - Light
- Topography: Level
Details
- Additional structures: Garage(s)
- Parcel number: 1102824140011
- Zoning description: Residential-Multi-Family,Residential-Single Family
Utilities & green energy
- Electric: Power Company: Xcel Energy
- Utilities for property: Broadband Available, Cable Available, Electricity Available, Natural Gas Available, None Connected, Sewer Available, Water Available
Community & neighborhood
Community
- Community features: No
Location
- Region: Minneapolis
- Subdivision: Auditors Sub 379
HOA & financial
HOA
- Has HOA: No
Other
Other facts
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 12/31/2025 | Pending sale | $150,000+9.1% |
Source:  NorthstarMLS as distributed by MLS GRID #6750393 Report a problem | ||
| 12/30/2025 | Sold | $137,500-8.3% |
Source: NorthstarMLS as distributed by MLS GRID #6750393 Report a problem | ||
| 7/7/2025 | Listed for sale | $150,000-37.5% |
Source: NorthstarMLS as distributed by MLS GRID #6750393 Report a problem | ||
| 3/17/2025 | Listing removed | $240,000 |
Source: NorthstarMLS as distributed by MLS GRID #6679174 Report a problem | ||
| 3/4/2025 | Listed for sale | $240,000 |
Source: NorthstarMLS as distributed by MLS GRID #6679174 Report a problem | ||
| 1/8/2025 | Listing removed | $240,000 |
Source: NorthstarMLS as distributed by MLS GRID #6641195 Report a problem | ||
| 12/17/2024 | Listed for sale | $240,000+17.1% |
Source: NorthstarMLS as distributed by MLS GRID #6641195 Report a problem | ||
| 3/1/2001 | Sold | $205,000+14648.2% |
Source: Public Record Report a problem | ||
| 6/10/1997 | Sold | $1,390 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,794 +16.7% | $121,000 |
| 2024 | $1,537 +21.9% | $121,000 +2.5% |
| 2023 | $1,261 +4.8% | $118,000 +22.9% |
| 2022 | $1,204 +76.3% | $96,000 +10.5% |
| 2021 | $683 -19.2% | $86,900 +70.4% |
| 2020 | $846 +23.8% | $51,000 |
| 2019 | $683 -19.2% | $51,000 |
| 2018 | $846 +4% | $51,000 +24.4% |
| 2017 | $813 +8.8% | $41,000 |
| 2016 | $748 -3.1% | $41,000 -9.9% |
| 2015 | $771 +1.8% | $45,500 +4.6% |
| 2014 | $758 -8.2% | $43,500 -5.4% |
| 2013 | $826 -7.4% | $46,000 -9.8% |
| 2012 | $891 -5.4% | $51,000 -9.7% |
| 2011 | $942 +9.6% | $56,500 -4.2% |
| 2010 | $860 -1.1% | $59,000 |
| 2009 | $869 +52% | $59,000 +45.7% |
| 2006 | $572 +9.1% | $40,500 +14.7% |
| 2005 | $524 +14.8% | $35,300 |
| 2001 | $457 | -- |
Find assessor info on the county website
Neighborhood: Bancroft
Nearby schools
GreatSchools rating
- 6/10Bancroft Elementary SchoolGrades: PK-5Distance: 0.4 mi
- NAAndersen CommunityGrades: PK-8Distance: 1.8 mi
- 6/10South Senior High SchoolGrades: 9-12Distance: 1.2 mi
- Minnesota
- Hennepin County
- Minneapolis
- 55407
- Bancroft
- 4106 16th Ave S
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Minneapolis Topics
