Minneapolis, MN 55413,135 16th AVE NE
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Minneapolis, MN 55413,135 16th AVE NE
Minneapolis, MN 55413,135 16th AVE NE
Minneapolis, MN 55413,135 16th AVE NE
Minneapolis, MN 55413,135 16th AVE NE

$700,000

Est. payment /mo

$650,000

7.7%
Est.Price: ?

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135 16th AVE NE Minneapolis, MN 55413

7 Beds

4 Baths

3,584 SqFt

SOLD DATE : 06/13/2025

Key Details

Sold Price $700,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,584 sqft

Price per Sqft $195

Subdivision Z Demeules Sub Of Lts Bottineaus 2Nd

MLS Listing ID 6713434

Sold Date 06/13/25

Style (MF) Four Plex

Bedrooms 7

Year Built 1962

Annual Tax Amount $8,574

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 110x38

Property Description

Rare Opportunity in Northeast Minneapolis – Well-Maintained 4-Plex in the Heart of the Arts District. Don't miss this exceptional investment opportunity in one of Minneapolis' most sought-after neighborhoods. This solidly built 4-plex is ideally located in the vibrant Northeast Arts District—just steps from scenic walking and biking trails and some of the city's most popular restaurants, cafes, and breweries. Owned and meticulously cared for by the same owner for over 50 years, this property offers lasting quality and peace of mind. The exterior features low-maintenance brick and stucco, while major updates include a new roof, gutters, soffit, and fascia completed in 2017. The boiler has been recently serviced by CenterPoint Energy. The building includes Three 2-bedroom, 1-bath units and One 1-bedroom, 1-bath unit. It also features aCoin-operated laundry in the basement for additional income. Whether you're a seasoned investor or just getting started, this property offers reliable rental income in a high-demand location. Schedule your showing today—opportunities like this don't last long!

Location

State MN

County Hennepin

Community Z Demeules Sub Of Lts Bottineaus 2Nd

Direction University to 16th Ave NE head west to home on the right.

Rooms

Basement Daylight/Lookout Windows, Finished (Livable), Full, Storage Space

Interior

Heating Boiler

Laundry In Basement

Exterior

Parking Features Parking Lot, Driveway - Asphalt

Roof Type Age Over 8 Years

Accessibility None

Building

Lot Description Corner Lot

Water City Water/Connected

Architectural Style (MF) Four Plex

Others

Senior Community No

Tax ID 1402924220150

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

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Listed by RE/MAX Results
agent

Brett Dalzell

Co-Owner/Realtor | License ID: ND 10275

+1(701) 305-0061

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