Active

$499,000

4634 Nicollet Ave, Minneapolis, MN 55419

--beds

--baths

5,662Square Feet

Unimproved Land

Built in ----

5,662 Square Feet Lot

$492,700 Zestimate^®

$--/sqft

$-- HOA

What's special

Development opportunity in Tangletown near West 46th Street and Nicollet Avenue, with convenient access to neighborhood restaurants, services, and transit. The former residence has been removed, and utility clearance work has been completed. A preliminary 18-unit multifamily concept has been prepared and presented to the City of Minneapolis, with the design intended for administrative review. Available due-diligence materials include a survey, soil report, concept plans, and preliminary civil documents. Buyer may acquire the site with the available plans and documents and use the seller’s design-build team or another builder. Alternative development concepts may also be considered, subject to buyer due diligence and City approval. A strong infill opportunity for an owner-operator or investor seeking to add a boutique multifamily project to an existing portfolio.

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Facts & features

Interior

Features

Has basement: No

Property

Lot

Size: 5,662 Square Feet
Dimensions: 45 x 127
Features: Near Public Transit, Cleared, Infill Lot
Topography: Level

Details

Parcel number: 1502824210004
Zoning description: Business/Commercial,Residential-Multi-Family

Utilities & green energy

Electric: Power Company: Xcel Energy
Utilities for property: Electricity Available, Natural Gas Available, None Connected, Sewer Available, Solar Available, Underground Utilities Available, Water Available, Underground Utilities

Community & HOA

Community

Features: No
Subdivision: Swans 2nd Add

HOA

Has HOA: No

Location

Region: Minneapolis

Financial & listing details

Tax assessed value: $120,000
Annual tax amount: $2,279
Date on market: 8/27/2026
Inclusions: Soil Test Available, Survey
Road surface type: Paved

Estimated market value

$492,700

$468,000 - $517,000

$1,553/mo

Price history

Date	Event	Price
8/27/2026	Listed for sale	$499,000
Source: NorthstarMLS as distributed by MLS GRID #7134652 Report a problem
3/12/2025	Listing removed	$499,000
Source: NorthstarMLS as distributed by MLS GRID #6600535 Report a problem
9/11/2024	Listed for sale	$499,000+166.8%
Source: NorthstarMLS as distributed by MLS GRID #6600535 Report a problem
8/28/2019	Sold	$187,000-4.1%
Source: NorthstarMLS as distributed by MLS GRID #5204638 Report a problem
5/3/2019	Pending sale	$195,000
Source: Coldwell Banker Burnet - Stillwater #5204638 Report a problem
3/27/2019	Listed for sale	$195,000+51.8%
Source: Coldwell Banker Burnet - Stillwater #5204638 Report a problem
5/24/2004	Sold	$128,500+114.9%
Source: Public Record Report a problem
6/16/1999	Sold	$59,800
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,629 +3.1%	$120,000
2024	$2,551 -3.5%	$120,000 +8.1%
2023	$2,645 -60.7%	$111,000 -30.2%
2022	$6,732 +251.5%	$159,000 +3.9%
2021	$1,915 -3.1%	$153,000 +11.7%
2020	$1,977 +3.2%	$137,000 +5%
2019	$1,915 -3.1%	$130,500 +4.8%
2018	$1,977 +4.8%	$124,500 +4.2%
2017	$1,887 -2.5%	$119,500
2016	$1,934 -3.2%	$119,500 -5.5%
2015	$1,998 -12.7%	$126,500 +15%
2014	$2,288 +10.2%	$110,000 +4.8%
2013	$2,077 +2.1%	$105,000
2012	$2,034 +4.1%	$105,000
2011	$1,954 +18.6%	$105,000
2010	$1,648 -1.3%	$105,000
2009	$1,670 +31.4%	$105,000 +30.6%
2006	$1,270 +10.5%	$80,400 +17.9%
2005	$1,150 -19.2%	$68,200 +21.1%
2004	$1,423 +64.3%	$56,300 +17.8%
2002	$866 -28.9%	$47,800
2001	$1,217	--