401 Northeast Main Street

Minneapolis, MN 55413

$899,900
Price
4
Beds
3
Baths
6,000 Sq. Ft.
$150 / Sq. Ft.
6,000
Sq. Ft.
$150
per Sq. Ft.

Description

This is one of two properties side by side on historic Main Street in Northeast Mpls with unobstructed views of the Mpls downtown skyline over Boom Island Park and Nicollet Island, one of the few remaining land parcels along the Mississippi left undeveloped. Each parcel is approx. 10,900sf and are Interior 3 Built Form Overlay with R1A zoning. Interested parties have a myriad of options for use. Each existing home could be purchased individually, remodeled or torn down, and new construction homes...This is one of two properties side by side on historic Main Street in Northeast Mpls with unobstructed views of the Mpls downtown skyline over Boom Island Park and Nicollet Island, one of the few remaining land parcels along the Mississippi left undeveloped. Each parcel is approx. 10,900sf and are Interior 3 Built Form Overlay with R1A zoning. Interested parties have a myriad of options for use. Each existing home could be purchased individually, remodeled or torn down, and new construction homes built. The two lots can also be split into three to create three new homes or split into one large lot, and one smaller lot where a large dream home could be on one and a smaller ADU-style home could be on the second. As seen in the renderings, an interested party looking to redevelop the land could construct 2 3000 sq. ft. townhomes per parcel, estimated at $1.5M per home. Finally, the parcels could be combined for a future in-fill apartment completed under the 2040 plan.
  1. Listed by DRG

Property Details for 401 Northeast Main Street

Neighborhood
St. Anthony West
Subdivision Name
Town Of St Anthony
Zoning Jurisdiction
Residential-Single Family

Location

Listing Courtesy of DRG
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LISTING UPDATED: 04/08/2024 01:27 PM

Property Details for 401 Northeast Main Street

StatusActive
MLS #6490859
Days on Compass68
Taxes$6,933 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1992
Lot Size0.25 AC / 10,890 SF
CountyHennepin County

Location

Listing Courtesy of DRG
Add your commute

Building Information for 401 Northeast Main Street

Stories-Year Built1992Building Size-Lot Size0.25 AC / 10,890 SF

Payment Calculator

$5,489 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,911

Property Taxes

$578

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 401 Northeast Main Street

Summary
Location and General Information
  • City Name: Minneapolis
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • Directions: Hennepin Avenue to Main Street NE.
  • Latitude: 44.991613
  • Longitude: -93.261888
  • Map Coordinate: 106-D1
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Minneapolis
  • City and Location Text: Minneapolis(MN)
  • Postal Code: 55413
  • State Or Province: MN
  • Public Survey Township: 29
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 1402924340156
  • Tax Annual Amount: $6,933.00
  • Tax Legal Description: LOT 014 BLOCK 015 TOWN OF ST ANTHONY
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2023
  • Tax With Assessments: 6933.0000
School Information
  • High School District: 1 - Minneapolis
  • School District Number: 1
  • School District Phone: 612-668-0000
Property
Lot Information
  • Above Grade Fin SQFT: 6000.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 6000.0
  • Lot Size Area: 0.25
  • Lot Size Dimensions: 0
  • Lot Size Square Feet: 10890.0
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • SQFT Main Total: 0.0000
  • Above Grade SqFt Total: 6000.0000
  • Below Grade SqFt Total: 0.0000
  • Sqft Total: 6000.00
Property and Assessments
  • Age Of Property: 32
Utilities
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Foundation Area: 6000.0
  • Fuel: Natural Gas
Interior Features
  • Basement Type: None
  • Bathrooms Full: 3
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total Count: 3
  • Bedrooms Total: 4
  • Fireplaces Total: 0
  • FireplaceYN: No
  • Cooling: Central Air
  • Garage Square Feet: 0
  • Heating: Forced Air
  • Levels: More Than 2 Stories
  • Basement YN: No

Property History for 401 Northeast Main Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 401 Northeast Main Street

Taxable ValueLand$231,000Additions$291,000Total$522,000
Tax Record2023$6,933 ($578 / month)
Home Facts
Beds3Baths1Total Finished SqFt2,564 SqFtAbove Grade Finished SqFt2,564 SqFtStories2Lot Size10,890 SqFtStyleSingle Family ResidenceYear Built1992ZoningR1ACountyHENNEPINAPN14-029-24-34-0156Fireplace TypeHas Fireplace

Schools near 401 Northeast Main Street

This home is within Minneapolis Public School Dist..
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Webster Elementary
PublicPK to 5

Northeast Middle School
Public6 to 8

Edison Senior High School
Public9 to 12

Special Education
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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401 Northeast Main Street is a single family home for sale in Minneapolis, MN 55413. This property was listed for sale on February 18, 2024 by DRG, it's currently listed at $899,900. It has been on the market for a total of 68 days and was last sold on December 17, 2021. This listing's school district is Minneapolis Public School Dist.. Nearby schools include Webster Elementary, Northeast Middle School and Edison Senior High School. 401 Northeast Main Street is a 4-bed, 3-bath, 6,000 sqft single family home built in 1992.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of DRG

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 04/08/2024 01:27 PM