6045 Brooklyn Boulevard, Minneapolis, MN 55429

New Listing
$2,690,000
Property Type: Commercial Lot Size (sq. ft.): 65,776 Status: Active
Current Price: $2,690,000 List Date: 5/27/2026 Last Modified: 5/27/2026

Overview

Description

Introducing a rare, low-risk multifamily development opportunity featuring two newly constructed triplexes alongside five additional fully entitled triplexes ready for immediate vertical construction. This offering presents a unique chance for investors and developers to acquire a substantially de-risked infill project with completed infrastructure, approved entitlements, and comprehensive construction documentation already in place. The property currently includes two completed triplex buildings that are newly constructed and positioned for immediate occupancy or lease-up. These completed units provide near-term income potential while also showcasing the quality, design standards, and functionality approved for the broader development. The existing improvements allow buyers to generate cash flow while simultaneously advancing the remaining phases of construction. In addition to the completed buildings, the project includes full entitlements for five additional triplexes, significant ...

Listing Details MLS# 7081408

General Property Information

Lot Measurement
Acres
Multiple PIDs?
Yes
Other Parking Spaces
42
Owner Occupied
No
Waterfront Present
No
Year Built
2022
Yearly/Seasonal
Yearly
Zoning
Other
Foundation Size
1175
Power Company
Xcel Energy
For Sale or Lease
For Sale
Acres
1.51
Assessment Pending
No
Lot Dimensions
No
Garage Stalls
0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Shared: In-Ground Sprinkler System; Patio Amenities Unit: Kitchen Center Island; Porch; Primary Bedroom Walk-In Closet; Tile Floors; Walk-In Closet; Washer/Dryer Hookup Appliances: Chandelier; Dishwasher; Disposal; Dryer; Range; Refrigerator; Washer Basement: Egress Windows; Full; Single Tenant Access; Sump Pump; Tile Shower CMU Style: Low Rise Construction Status: Completed New Construction Current Use: Residential Exterior: Cement Board Fencing: Privacy Flooring: Luxury Vinyl Plank Foundation: Poured Concrete Fuel: Natural Gas Heating: Forced Air Loan Terms: Cash; Conventional Location Description: Other/See Remarks Lot Description: Cleared; Corner Lot; Infill Lot; Public Transit (w/in 6 blks) On Site Utilities: Electric Separate; Heating Separate; Hot Water Separate Parking Characteristics: Paved Lot; Uncovered/Open Pool Description: None Road Frontage: Private Road Road Responsibility: Association Maintained Road Roof: Age 8 Years or Less; Asphalt Shingles Sewer: City Sewer/Connected Stories: Three Or More Topography: Level Wall Description: Drywall; Finished Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
2690000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
6045
Street Name
Brooklyn
Street Suffix
Boulevard
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55429
Complex/Dev/Subdivision
Wangstads Brooklyn Terrace

Additional Parcels Information

Property ID #2
0311821120098
Property ID #3
0311821120015,0311821120016

Assessments

Tax With Assessments
34338
Assessment Balance
0

More Information

Building Information

Building Finished SqFt
7050
Building SqFt
7050
Ceiling Height
8-10

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
21
Section#
03
Township#
118

Sale Options

Sale Includes
Building, Land

Unit 1

Unit Number
Yes
Leased?
No

Unit 3

No. of 3 Bedroom Units
6

Unit Details

Total Units
6

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
LOT 004 BLOCK 005 WANGSTADS BROOKLYN TERRACE THAT PART OF LOT 4 LYING N OF A LINE DRAWN PAR WITH AND 138 FT N OF AS MEAS AT RT ANGLES TO THE S LINE OF LOT 4 EX STATE HWY
Listing City
Brooklyn Center
Map Page
92
Municipality
Brooklyn Center
School District
Robbinsdale
School District Phone
763-504-8000
Zip Plus 4
3160
Property ID Number
0311821120087
Tax Year
2026
Tax Amount
34338
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
Not disclosed

Directions & Remarks

Public Remarks
Introducing a rare, low-risk multifamily development opportunity featuring two newly constructed triplexes alongside five additional fully entitled triplexes ready for immediate vertical construction. This offering presents a unique chance for investors and developers to acquire a substantially de-risked infill project with completed infrastructure, approved entitlements, and comprehensive construction documentation already in place. The property currently includes two completed triplex buildings that are newly constructed and positioned for immediate occupancy or lease-up. These completed units provide near-term income potential while also showcasing the quality, design standards, and functionality approved for the broader development. The existing improvements allow buyers to generate cash flow while simultaneously advancing the remaining phases of construction. In addition to the completed buildings, the project includes full entitlements for five additional triplexes, significantly reducing both development timelines and entitlement-related uncertainty. All discretionary approvals have already been secured, eliminating one of the most time-consuming and unpredictable components of the development process. Buyers can move forward with confidence knowing the project has already achieved municipal approvals and is positioned for efficient execution. The site has also undergone substantial horizontal development work, with all major infrastructure improvements completed. Roads, utilities, grading, drainage systems, and supporting site work are already in place, creating a true shovel-ready opportunity. By avoiding the delays and capital requirements often associated with early-stage infrastructure work, investors can focus directly on vertical construction and project delivery. To further streamline execution, the seller will provide comprehensive architectural and engineering plan sets, including architectural drawings, civil engineering plans, and all supporting documentation associated with the approved development. This allows for a seamless transition to a new owner and provides the ability to accelerate building permit applications and construction commencement timelines. The combination of completed product, fully approved expansion capacity, and finished site infrastructure creates a highly attractive investment profile with substantially reduced pre-development risk. Unlike many multifamily development opportunities that require years of planning, entitlement processing, and infrastructure coordination, this project is positioned for immediate continuation and rapid delivery of additional units to market. The property is ideally suited for investors, developers, or owner-operators seeking a near-turnkey multifamily development opportunity in a strong and growing market. With immediate income potential from the completed triplexes and a clearly defined path to expansion, the project offers both short-term operational upside and long-term value creation. The ability to quickly move into vertical construction on the remaining buildings provides a significant competitive advantage in today’s market environment, where entitlement delays and rising construction costs continue to impact project timelines. This offering represents an exceptional opportunity to acquire a thoughtfully planned and substantially completed multifamily development with minimal entitlement risk, reduced execution uncertainty, and the infrastructure necessary to support efficient project completion.
Directions
Brooklyn Blvd

Accessible

None
Yes

Air Conditioning

Central Air
Yes

Amenities Shared

In-Ground Sprinkler System
Yes
Patio
Yes

Amenities Unit

Kitchen Center Island
Yes
Porch
Yes
Primary Bedroom Walk-In Closet
Yes
Tile Floors
Yes
Walk-In Closet
Yes
Washer/Dryer Hookup
Yes

Appliances

Chandelier
Yes
Dishwasher
Yes
Disposal
Yes
Dryer
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Basement

Egress Windows
Yes
Full
Yes
Single Tenant Access
Yes
Sump Pump
Yes
Tile Shower
Yes

Construction Status

Completed New Construction
Yes

Exterior

Cement Board
Yes

Fencing

Privacy
Yes

Flooring

Luxury Vinyl Plank
Yes

Foundation

Poured Concrete
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Lot Description

Cleared
Yes
Corner Lot
Yes
Infill Lot
Yes
Public Transit (w/in 6 blks)
Yes

Parking Characteristics

Paved Lot
Yes
Uncovered/Open
Yes

Pool Description

None
Yes

Road Frontage

Private Road
Yes

Road Responsibility

Association Maintained Road
Yes

Roof

Age 8 Years or Less
Yes
Asphalt Shingles
Yes

Sewer

City Sewer/Connected
Yes

Stories

Three Or More
Yes

Topography

Level
Yes

Wall Description

Drywall
Yes
Finished
Yes

Water

City Water/Connected
Yes

No. of Ranges

Six or More
Yes

No. of Refrigerators

Six or More
Yes

On Site Utilities

Electric Separate
Yes
Heating Separate
Yes
Hot Water Separate
Yes

CMU Style

Low Rise
Yes

Current Use

Residential
Yes

Loan Terms

Cash
Yes
Conventional
Yes

Location Description

Other/See Remarks
Yes
IDX
Listing Office: RE/MAX Results
Last Updated: May - 27 - 2026
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