4634 Nicollet Avenue, Minneapolis, MN 55419 (MLS# 7134652)

4634 Nicollet Avenue, Minneapolis, MN 55419

$499,000
Property Type: Land Lot Size (sq. ft.): 5,663 Status: Active
Current Price: $499,000 List Date: 8/27/2026 Last Modified: 8/28/2026

Overview

Description

Development opportunity in Tangletown near West 46th Street and Nicollet Avenue, with convenient access to neighborhood restaurants, services, and transit. The former residence has been removed, and utility clearance work has been completed. A preliminary 18-unit multifamily concept has been prepared and presented to the City of Minneapolis, with the design intended for administrative review. Available due-diligence materials include a survey, soil report, concept plans, and preliminary civil documents. Buyer may acquire the site with the available plans and documents and use the seller’s design-build team or another builder. Alternative development concepts may also be considered, subject to buyer due diligence and City approval. A strong infill opportunity for an owner-operator or investor seeking to add a boutique multifamily project to an existing portfolio.

Listing Details MLS# 7134652

General Property Information

Comp Sale YN
No
Development
No
Lot Measurement
Acres
Multiple PIDs?
No
Plat Recorded
Yes
Waterfront YN
No
Yearly/Seasonal
Yearly
Zoning
Business/Commercial, Residential-Multi-Family
Lot Dimensions
45 x 127
Acres
0.13
Power Company
Xcel Energy
Assessment Pending
Yes

Property Features

Assumable Loan: Not Assumable Available Utilities: Electricity Available; Natural Gas Available; None Connected; Sewer Available; Solar Available; Underground Utilities Available; Water Available Development Status: Other Improvements: Other Internet Options: Fiber Optic Land Inclusions: Soil Test Available; Survey Lot Description: Cleared; Infill Lot; Public Transit (w/in 6 blks); Underground Utilities Property SubType: Commercial Lot; Development; Residential Lot Road Frontage: City Street; County Road; Paved Streets; Sidewalks Road Responsibility: Public Maintained Road Sale Options: Other; Sell Entirely; Will Build to Suit Sellers Terms: Cash; Contract for Deed; Conventional; Conventional Rehab; Trade Surface Water: None Topography: Level

Contract Information

Contingency
None
Original List Price
499000
ListPrice
499000
Owner is an Agent?
Yes
Auction?
No

Location Tax and Other Information

House Number
4634
Street Name
Nicollet
Street Suffix
Avenue
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55419
Complex/Dev/Subdivision
Swans 2nd Add

Assessments

Tax With Assessments
2279

Builder Information

Builder ID
REIMAGINE SOUTHWEST LLC
Builder License Number
BC700654
Builder Name
JLS DESIGN + BUILD LLC
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#
15
Township#
28
IDX
Listing Office: Stone Arch Realty
Last Updated: August - 28 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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