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    3521 1St Ave S Minneapolis, MN 55408

    For Sale
    $95,000

    Lots & Land - Minneapolis, MN

    Lot size:
    0.13 Acres
    Days on Market:
    82
    Last Refresh:
    Dec 14 at 4:06 pm

    Property Features for 3521 1St Ave S

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Residential-Single Family
    APN
    0302824420214
    Lot size
    0.13 Acres

    Building Details

    Architectural style
    Other

    EXP REALTY (612) 751-9303 [email protected]

    Listing agent Nathan J Labatt (320) 500-4397

    Listing date Sep 24, 2025

    MLS# 6618212 Listing URL

    Copyright © 2025 Regional Multiple Listing Service of Minnesota [NorthStarMLS]. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Vacant Lot Ready to Build

    This vacant lot is located in Minneapolis, MN, and is zoned for residential-single family use. The lot size is 0.13 acres. A potential triplex design, plan, and engineering are available, featuring three units, each with 3 bedrooms and 2 bathrooms, and 1372 square feet, for a total living area of 5524 square feet. The property benefits from a convenient location and high walkability, presenting an opportunity for new construction.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Minneapolis
    County
    Anoka
    State
    Minnesota
    Longitude
    -93.276262
    Latitude
    44.938815

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    FAQs

    What type of property is this?
    Residential land & home lot - Vacant lot in Minneapolis ready for new construction.
    Where is this residential land & home lot located?
    The property is located at 3521 1St Ave S Minneapolis, MN.
    What is the asking price?
    The asking price for this property is $95,000.
    What are key features of this property?
    This property features: - Ready-to-build vacant lot with potential for a 3-plex.; - Includes proposed triplex design, plan, and engineering.; - Triplex design features 3 units, each with 3 bedrooms and 2 baths at 1372 SF.
    (320) 500-4397
    Request Owner's contact information
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    Minneapolis, MN 55408
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3521 1St Ave S Minneapolis, MN 55408
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