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2940 Grand Avenue S2940 Grand Avenue S

2940 Grand Avenue S, Minneapolis, MN 55408 - MLS# 7057318

MLS® #: 7057318|Days on Market: 195|Listed: Apr 17, 2026

$114,900

$149,900↓ 23.3%
Bedrooms
0
Bathrooms
0
Acres
0.12
Property Type
Land
Days on Market
195
School District
1 - Minneapolis

Opportunity to build a house, duplex, triplex, or potentially more than 15 units per city of Minneapolis staff with height requirements.

2940 Grand Avenue S, Minneapolis, MN 55408

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Lot & Utilities

Lot Size0.12 acres
Lot Dimensions128x40
ZoningLot
SubdivisionExcelsior Add
TownshipMinneapolis
CountyHennepin

Financial & Tax Information

Annual Taxes$4,829
Tax Year2025
Tax w/ Assessments$4,829
Assessment PendingNo
Parcel Number3402924330129
List TypeExclusive Right To Sell

Location

Call 612-356-2121For Showings and Questions

Neighborhood at a Glance

In this neighborhood, homes were most commonly built in 2010-2019, about 9% of occupied homes are owner-occupied, and the average commute is 28 minutes.

Cost of Ownership

Median home value

$460,700

Higher than the Minneapolis median

The midpoint of estimated values for owner-occupied homes.

Median property taxes paid

$5,841/yr

Higher than the Minneapolis median

The midpoint of annual property taxes paid by homeowners.

Typical monthly owner costs (with mortgage)

$2,800/mo

Higher than the Minneapolis median

Median monthly housing costs for owners with a mortgage.

Median rent

$1,559/mo

Higher than the Minneapolis median

The midpoint of monthly gross rent, including utilities.

Homes in the Area

Owner-occupied homes

9%

Lower than Minneapolis overall

The share of occupied homes lived in by their owners.

Median year built

2008

Similar to the Minneapolis median

The midpoint of years when homes in the area were built.

Home age by decade

The share of homes built during each period.

  • 2020 or later11%
  • 2010-201936%
  • 2000-200912%
  • 1970-19797%
  • 1939 or earlier9%

Types of homes

The share of housing units in each building type.

  • 2-4 units6%
  • 5+ units87%

Getting Around

Average commute

28 min

Higher than the Minneapolis median

The average one-way travel time to work for commuters.

How people get to work

The share of workers using each listed way to get to work.

  • Drive alone46%
  • Public transit7%
  • Work from home37%

Homes with broadband

95%

Similar than Minneapolis overall

The share of households with a broadband internet subscription.

Estimates for the surrounding census tract, not this specific home.

Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Schools

Minneapolis Public School District

This home is in the Whittier Elementary, Andersen Middle and South High attendance areas of Minneapolis Public School District.

Elementary

Whittier Elementary

Grades PK-5 · 0.4 mi away

Enrollment
491
Students per teacher
11.4

315 West 26th St, Minneapolis, MN 55404

(612) 668-4170

Middle

Andersen Middle

Grades 6-8 · 1.3 mi away

Enrollment
1,052
Students per teacher
13.5

1098 Andersen Lane, Minneapolis, MN 55407

(612) 668-4200

High

South High

Grades 9-12 · 2 mi away

Enrollment
1,257
Students per teacher
13

3131 19th Ave S, Minneapolis, MN 55407

(612) 668-4300

School assignments can change. Verify enrollment with Minneapolis Public School District.

Sources: Minnesota Department of Education attendance areas (2025-26); NCES Common Core of Data 2024 via the Urban Institute Education Data Portal.

Broker Reciprocity logo
Listed by: eXp Realty
Source: NorthstarMLS

Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Pederson Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.