For Sale
No HOANo HOA
Land for sale at 440 Water St N, Northfield, MN 55057 | MLS# 7024205 | Listing updated on 2026-05-07
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Street View

$479,999

Monthly Est:$2,389

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon4.8acres lot

440 Water St N, Northfield, MN 55057

$2,389/moEst:

Get Pre-Approved

  • Land

  • Built in -

  • $-- HOA

  • 4.8 acres lot

  • $100,000/acre

Description

Prime Development Land in Northfield, MN

Discover a unique investment opportunity with this approximately 5-acre parcel, ideal for multifamily development in Northfield, MN. Perfectly positioned close to schools, shopping, dining, and major highways, this property offers convenience and growth potential.

- **Location:** Centrally located with easy access to amenities.
- **Zoning:** N2-B – Neighborhood General - Ready for multifamily development.
- **Utilities:** Water, sewer, electricity, and gas available at the site. New connections to water & sewer will need to be installed.
- **Topography:** On high-ground
- **Attractions:** Near St. Olaf and Carleton Colleges, down
town Northfield, and scenic parks.

#### Development Potential:
With a growing demand for quality housing, this land is perfect for apartments, townhomes, or condos. Northfield's thriving community, strong economy, and beautiful surroundings make this an ideal investment.

  • Houzeo last checked: 11 minutes ago
  • Listing updated: May 7, 2026 at 7:41 pm
  • Listing Provided by: David Aase (612) 440-9775 | Revival Commercial Real Estate (612) 440-9775
  • Source: Northstar MLS-MN | MLS#: 7024205 Northstar MLS-MN

Property Details

  • Status

    Active

  • Type

    Land

  • No. of Stories

    -

  • County

    Rice County

  • City

    Northfield

  • Neighborhood

    --

  • Year Built

    -

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    4.8 acres lot

  • Basement Area

    - sqft

  • MLS Name

    Northstar MLS

  • MLS Number

    7024205

  • Days on Market

    230

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Utilities & Energy

  • Utilities

    Broadband Connected, Cable Connected, Electricity Connected, Natural Gas Connected, Private Septic Connected, Private Well Connected, Sewer Available, Phone Connected

Price History

DateEventPrice

05/07/2026

Source: mls_logoNorthstar MLS-MN #NST7024205

Listed for Sale

$479,999 -19.87%

$0/sqft

01/01/2025

Source: mls_logoNorthstar MLS-MN #NST6557783

Listing Removed

$599,000

$0/sqft

Nearby Homes

Based on information submitted to the MLS GRID from the REGIONAL MULTIPLE LISTING SERVICE OF MINNESOTA, INC through Oct 08, 2026, 10:31PM. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS, if any and as amended from time to time. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Information deemed reliable but not guaranteed. The property data presented reflects information otherwise available from public records. The real estate broker participating in MLS and providing this information may not have represented the buyer or seller in some or all of the transactions. Listings courtesy of Northstar MLS as distributed by MLS GRID. © 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.

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