4 months on rocket

1825 5th Ave S, Minneapolis, MN, 55404

$975,000

Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
MLS #6579516
StatusActive

About 1825 5th Ave S

Contiguous, 4 lots combination sale. Currently Zoned R6 for Multi-Family Built Form Overlay District "Corridor 3" status as the development designation. Two lots feature street/curb access on the west side of lots on 5th Ave S - with direct access to additional alley way, which are aligned and running parallel to all four lots. Possible development incentives through Community Planning & Economic Development. Inquire today and begin the planning process for your multi-family, multi-story development tomorrow!

Property Details

Property Features

Listing Office:

  • Office Name: TheMLSonline.com, Inc.

Other

Directions Information:

  • Directions: SE corner junction of 35W and 94 in Minneapolis

Price Information

Listing Price Info

Price Summary:

  • List Price: $975,000

Tax Information:

  • Annual Amount: $2,580
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

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Minneapolis, MN

City

Med. Sold Price

$349.9K

Med. Price/SqFt

$202

Avg. Days On Market

33

# of Sold Homes

889

1825 5th Ave S vs Minneapolis

142 DAYS ON ROCKET

+109 Days

$975,000

+$625K More

KEY TAKEAWAY

This property is $625K more than the Median Sold Price in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6579516

Listing Office:

  • Office Name: TheMLSonline.com, Inc.

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Last updated on: 12/22/2024, 8:22:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$2,580$157,900
2019$2,791$157,900
2018$1,232$67,900
2017$1,245$67,900

History based on county public records data.

Payment Calculator

$4,934

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,990

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-927734
2
/10

  • Aurora Charter School

  • 2101 E 26th St

  • 1.00 miles

  • Public Charter Grades PK-4

school-card-donut-927735
2
/10

  • Minnesota Transitions Charter Elementary School

  • 2526 27th Ave S

  • 1.05 miles

  • Public Charter Grades KG-6

school-card-donut-927736
1
/10

  • Skyline Math and Science Academy

  • 2600 26th Ave S Ste 100

  • 1.09 miles

  • Public Charter Grades KG-6

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $20,152. Most Minneapolis, MN residents have annual incomes less than $35k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1825 5th Ave S

What is the listing price of this property?

The listing price of 1825 5th Ave S property is $975,000.

What type of property is this?

The property 1825 5th Ave S is land located in Minneapolis, Minnesota, 55404.

Is this property for sale now?

Active Listing: 1825 5th Ave S is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,580 (source: MLS/based on county public records data).
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Rocket Homes›Minnesota›Hennepin County›Minneapolis›55404›1825 5th Ave S

This home is located at 1825 5th Ave S in Minneapolis, MN and zip code 55404 in the University neighborhood. It has been listed on Rocket Homes since August 01, 2024 and is currently priced at $975,000.

Over 283 listings were sold over their listed price in November 2024 in Minneapolis, MN. In the same period over 403 listings were sold below the listed price and 203 listings were sold for the listed price. In November 2024 in Minneapolis, MN there were 6.1% less homes for sale than in October 2024. Listings spent 33 days on the market in November 2024, and had a median list price of $349,986 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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