3037 15th Avenue S, Minneapolis, MN 55407

$29,000
Property Type: Land Lot Size (sq. ft.): 3,920 Status: Pending
Current Price: $29,000 List Date: 4/04/2026 Last Modified: 4/30/2026

Overview

Description

Excellent opportunity to build in the heart of South Minneapolis! This 3,920 sq ft (.09 acres) lot offers a rare chance to develop in the vibrant Powderhorn Park neighborhood, just steps from green space, shops, and public transit. With dimensions of 30' x 124', this flat, infill lot is well-suited for a variety of small-scale residential uses. Zoned UN2 (Urban Neighborhood District) with a BFI3 (Interior 3 Built Form Overlay), the property allows for potential low- to medium-density residential development. Whether you're looking to construct a single-family home, duplex, or other permitted housing type, this is a prime location for urban infill. The neighborhood’s walkability and proximity to Powderhorn Park and the Lake Street corridor make it an ideal setting for future tenants or homeowners. Buyer to verify all zoning and development guidelines with the City of Minneapolis. Don't miss this affordable opportunity to build in one of the city's most dynamic and community-focused areas.

Listing Details MLS# 7049044

General Property Information

Comp Sale YN
No
Development
No
Lot Measurement
Acres
Multiple PIDs?
No
Plat Recorded
Yes
Waterfront Present
No
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family, Residential-Single Famil
Lot Dimensions
30 x 124
Acres
0.09
Power Company
Xcel Energy
Assessment Pending
No
Association Fee
0

Property Features

Assumable Loan: Not Assumable Available Utilities: Cable Available; Electricity Available; Natural Gas Available; None Connected; Sewer Available; Water Available Development Status: Finished Lot(s) Fencing: Chain Link Improvements: Fence; Public Road; Sidewalks; Storm Sewer Land Inclusions: None Lot Description: Infill Lot Property SubType: Residential Lot Road Frontage: City Street Road Responsibility: Public Maintained Road Sellers Terms: Cash; Conventional Topography: High Ground

Contract Information

Off Market Date
2026-04-27
Contingency
None
Original List Price
29000
ListPrice
29000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
3037
Street Name
15th
Street Suffix
Avenue
Street Direction Suffix
S
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55407
Complex/Dev/Subdivision
Williams Add

Assessments

Assessment Balance
172.28
Assessment Installment
172.28
Tax With Assessments
381.86

Builder Information

Builder Restrictions
Open

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
24
Section#
02
Township#
28

Office/Member Info

Association
MAAR

Location, Tax and Other Information

AssocFeeYN
No
Legal Description
LOT 018 BLOCK 004 WILLIAMS ADDN TO MPLS
Listing City
Minneapolis
Map Page
106
Municipality
Minneapolis
School District
Minneapolis
School District Phone
612-668-0000
Zip Plus 4
626
Property ID Number
0202824120152
Tax Year
2026
Tax Amount
209.58
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Excellent opportunity to build in the heart of South Minneapolis! This 3,920 sq ft (.09 acres) lot offers a rare chance to develop in the vibrant Powderhorn Park neighborhood, just steps from green space, shops, and public transit. With dimensions of 30' x 124', this flat, infill lot is well-suited for a variety of small-scale residential uses. Zoned UN2 (Urban Neighborhood District) with a BFI3 (Interior 3 Built Form Overlay), the property allows for potential low- to medium-density residential development. Whether you're looking to construct a single-family home, duplex, or other permitted housing type, this is a prime location for urban infill. The neighborhood’s walkability and proximity to Powderhorn Park and the Lake Street corridor make it an ideal setting for future tenants or homeowners. Buyer to verify all zoning and development guidelines with the City of Minneapolis. Don't miss this affordable opportunity to build in one of the city's most dynamic and community-focused areas.
Directions
From Lake St, go South on 15th Ave. Property is on the left.

Assumable Loan

Not Assumable
Yes

Development Status

Finished Lot(s)
Yes

Fencing

Chain Link
Yes

Insurance Fee

Insurance Fee
0

Lot Description

Infill Lot
Yes

Restriction/Covenants

None
Yes

Road Frontage

City Street
Yes

Road Responsibility

Public Maintained Road
Yes

Sellers Terms

Cash
Yes
Conventional
Yes

Topography

High Ground
Yes

Available Utilities

Cable Available
Yes
Electricity Available
Yes
Natural Gas Available
Yes
None Connected
Yes
Sewer Available
Yes
Water Available
Yes

Improvements

Fence
Yes
Public Road
Yes
Sidewalks
Yes
Storm Sewer
Yes

Land Inclusions

None
Yes

Property SubType

Residential Lot
Yes
Listing Office: Peritus Real Estate
IDX
Last Updated: April - 30 - 2026
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