135 16th Avenue NE
Minneapolis, MN 55413
- – beds
- – baths
- 3,584 sqft
- $181 per sqft
- 1962 build
- – on site
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!
Last checked:
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Last updated May 2, 2025
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MLS# 6713434 —
The Building
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Year Built:1962
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New Construction:false
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Age Of Property:63
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Construction Materials:Brick/Stone, Stucco
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Roof:Age Over 8 Years
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Accessibility Features:None
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Levels:Split Entry (Bi-Level)
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Main Level Finished Area:1792.0000
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Basement:Daylight/Lookout Windows, Finished, Full, Storage Space
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Basement:true
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Foundation Area:1792
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Foundation Dimensions:64x28
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Building Area Total:3584
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Above Grade Finished Area:1792
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Below Grade Finished Area:1792
Room Dimensions
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Living Area:3584
Location
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Directions:University to 16th Ave NE head west to home on the right.
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Latitude:45.004323
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Longitude:-93.267347
The Property
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Parcel Number:1402924220150
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Property Type:Residential Income
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Property Subtype:Quadruplex
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Additional Parcels:false
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Lot Features:Corner Lot
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Lot Size Area:0.1
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Lot Size Dimensions:110x38
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Lot Size Units:Acres
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Fencing:None
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Water Source:City Water/Connected
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Land Lease:false
Listing Agent
- Contact info:
- Agent phone:
- (952) 210-4993
- Office phone:
- (763) 235-7000
Taxes
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Tax Year:2024
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Tax Annual Amount:8574
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Tax With Assessments:8574.0000
Heating & Cooling
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Heating:Boiler
Utilities
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Sewer:City Sewer/Connected
Appliances
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Refrigerator:Four
Schools
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High School District:Minneapolis
The Community
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Subdivision Name:Z Demeules Sub Of Lts Bottineaus 2nd
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Association Amenities:Coin-op Laundry Owned
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Assessment Pending:No
Parking
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Parking Features:Asphalt, Parking Lot
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Garage Dimensions:0x0
Extra Units
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# of Units Total:4
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
5/1/25
May 1, 2025
|
Coming Soon | NORTHSTAR | $650,000 |