$450,000
1038 16th Avenue SE Minneapolis, MN 55414
For Sale MLS# 7033475
3 beds 2 baths 2,368 sq ft Multi-family
Details for 1038 16th Avenue SE
MLS# 7033475
Description for 1038 16th Avenue SE, Minneapolis, MN, 55414
Three-property portfolio package available. All properties to be sold together as a bundle for $1,500,000 (MLS# 7033475, 7033412, 7037923). Well-maintained 5-bedroom, 2-bath duplex in a great location! This property features beautiful natural woodwork, built-ins, and hardwood floors that add timeless character throughout. Each unit offers the convenience of in-unit laundry and stainless steel appliances. A 2-car garage provides off-street parking and additional storage. Excellent opportunity for an investor orowner-occupant in a highly desirable area.
Listing Information
Property Type: Multi-family, Duplex Up and Down
Status: Active
Bedrooms: 3
Bathrooms: 2
Lot Size: 0.12 Acres
Square Feet: 2,368 sq ft
Year Built: 1912
Foundation: 1,184 sq ft
Garage: Yes
Stories: 2 Stories
Subdivision: Elwells Add
Number Of Units Total: 2
County: Hennepin
Days On Market: 20
Construction Status: Previously Owned
School Information
District: 1 - Minneapolis
Additonal Room Information
Laundry: In Basement
Interior Features
Square Footage above: 2,368 sq ft
Basement: Unfinished, Concrete Block
Utilities
Water: City Water/Connected
Sewer: City Sewer/Connected
Heating: Hot Water, Natural Gas
Exterior / Lot Features
Garage Spaces: 2
Parking Description: Detached Garage, Garage Sq Ft - 400.0
Exterior: Wood
Lot Dimensions: 5227
Zoning: Residential-Multi-Family
Unit Information
Unit 1 Units Total: 1
Unit 1 Actual Rent: 1500
Unit 1 Baths Total: 1
Unit 1 Beds Total: 3
Unit 1 Rooms Total: 6
Unit 2 Units Total: 1
Unit 2 Actual Rent: 1390
Unit 2 Baths Total: 1
Unit 2 Rooms Total: 5
Driving Directions
COMO AVE SE TO 16TH AVE SE & NORTH
Financial Considerations
Gross Income: 34680
Tax/Property ID: 2402924110187
Tax Amount: 6434
Tax Year: 2026
HomeStead Description: Non-Homesteaded
A broker reciprocity listing courtesy: Keller Williams Premier Realty
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 Edina Realty, Inc. are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail and detailed information about them includes the name of the listing brokers. Edina Realty, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Edina Realty, Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. IDX information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Open House information is subject to change without notice. Information deemed reliable but not guaranteed.
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Payment Calculator
Interest rate and annual percentage rate (APR) are based on current market conditions, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables. Estimated closing costs used in the APR calculation are assumed to be paid by the borrower at closing. If the closing costs are financed, the loan, APR and payment amounts will be higher. If the down payment is less than 20%, mortgage insurance may be required and could increase the monthly payment and APR. Contact us for details. Additional loan programs may be available. Accuracy is not guaranteed, and all products may not be available in all borrower's geographical areas and are based on their individual situation. This is not a credit decision or a commitment to lend.
Sales History & Tax Summary for 1038 16th Avenue SE
Sales History
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Tax Summary
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
Schools
Schools nearby 1038 16th Avenue SE
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Data powered by ATTOM Data Solutions. Copyright© 2026. Information deemed reliable but not guaranteed.
The schools shown represent both the assigned schools and schools by distance based on local school and district attendance boundaries. Attendance boundaries change based on various factors and proximity does not guarantee enrollment eligibility. Please consult your real estate agent and/or the school district to confirm the schools this property is zoned to attend. Information is deemed reliable but not guaranteed.
SchoolDigger ® Rating
The SchoolDigger rating system is a 1-5 scale with 5 as the highest rating. SchoolDigger ranks schools based on test scores supplied by each state's Department of Education. They calculate an average standard score by normalizing and averaging each school's test scores across all tests and grades.
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