$579,000

2704 16th Avenue S, Minneapolis, MN 55407


2704 16th Avenue S Minneapolis, MN 55407

For Sale MLS# 6232834

11 beds 4 baths 3,590 sq ft Multi-family

Data current as of {{getLocalTime('2022-08-14T12:05:36Z')}}

Details for 2704 16th Avenue S

MLS# 6232834

Description for 2704 16th Avenue S, Minneapolis, MN, 55407


This property is a very solid, value-add investment property for someone looking to grow their rental portfolio or perfect for an owner occupant looking to offset their living expenses. This property boasts a ton of character with a very charming facade and an interior with many original features remaining including beautiful hardwood floors and gorgeous built-ins. The unit mix consists of three 2-bedroom units and one 5-bedroom unit. Rents are below market rate, giving an investor the opportunity to increase the income. This equity builder has a lot of potential! There is also a large two car garage. Common laundry room located in the basement. Laundry machines are leased.

Listing Information


Property Type: Multi-family, Four Plex

Status: Active

Bedrooms: 11

Bathrooms: 4

Lot Size: 0.17 Acres

Square Feet: 3,590 sq ft

Year Built: 1902

Foundation: 1,795 sq ft

Garage: Yes

Stories: 2

Construction:

Property Attached: No

Date Available:

Model Home:

Development:

Completion date:

Subdivision: Peters Add

Builder:

Foundation:

Total Units: 4

Current Use:

Background Check: No

Furnished:

Smoking Permitted: No

In Foreclosure: No

Lender Owned: No

Potential Short Sale: No

Auction: No

County: Hennepin

Days On Market: 1

HERS Score:

Construction Status: Previously Owned

School Information


District: 1 - Minneapolis

Elementary:

Middle:

High:

Room Information


Bathrooms

Full Baths: 4

Interior Features


Square Footage above: 3,590 sq ft

Square Footage below:

Flooring:

Basement: Full

Additional Interior Features:

Utilities


Water: City Water/Connected

Sewer: City Sewer/Connected

Available Utilities:

Other Utilities:

Heating: Hot Water, Natural Gas

Exterior / Lot Features


Garage Spaces: 2

Parking Description: Garage Dimensions - 1, Garage Sq Ft - 1.00

Exterior: Wood

Lot View:

Lot Dimensions: 60x124

Farm Type:

Crop Type:

Zoning:

Additional Exterior/Lot Features:

Soil Type:

Tillable Acres:

Community Features


Complex Features: Coin-op Laundry Owned

Pets Allowed: No

Association Name:

Unit Information


Number of Units Like This: 3

Monthly Rent: 1

Total Baths: 1

Total Bedrooms: 2

Total Rooms: 5

Number of Units Like This: 1

Monthly Rent: 1

Total Baths: 1

Total Bedrooms: 5

Total Rooms: 1

Driving Directions


16th Ave So and 27th Street.

Financial Considerations


Other Deposit Fees:

Assessments: $388

Covenants/Deed Restrictions:

Terms:

Tenant Pays:

Owner Pays:

Annual Income: $1

Annual Expense: $1

Ownership Type:

Tax/Property ID: 3502924410098

Tax Amount: $10,872

Tax Year: 2021

HomeStead Description: Non-Homesteaded

Price Changes


$579,000 Original Price
$579,000 Current Price
+$0 Total Change
Date Price Change
8/5/2022 05:56 PM $579,000

Sales History

Date Price Change
{{sales.saleDate}} {{sales.saleAmount}} {{sales.formattedChange}}
Currently not available.

Tax Summary

Tax Year Estimated Market Value Taxable Market Value Total Tax
{{taxes.taxYear}} {{taxes.calculatedTotalValue}} {{taxes.assessedTotalValue}} {{taxes.taxAmount}}
Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2022. Information deemed reliable but not guaranteed.

Schools nearby 2704 16th Avenue S

Schools in attendance boundaries Grades Distance SchoolDigger® Rating i
{{forSchool.institutionNameDisplay}} ({{forSchool.institutionTypeDisplay}}) {{forSchool.gradeSpanCode}} {{forSchool.distanceDisplay}} {{forSchool.greatSchoolsTestRatingDisplay}}


Schools nearby Grades Distance SchoolDigger® Rating i
{{nearSchool.institutionNameDisplay}} ({{nearSchool.institutionTypeDisplay}}) {{nearSchool.gradeSpanCode}} {{nearSchool.distanceDisplay}} {{nearSchool.greatSchoolsTestRatingDisplay}}

Data powered by ATTOM Data Solutions. Copyright© 2022. 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.

Stats for homes in {{marketTrend.postalCity}}, {{marketTrend.stateOrProvince}}

{{marketTrend.medianSalePriceDisplay}} Median Sold
Price
Up arrow
{{marketTrend.recentSalesDisplay}} Recently Sold
Listings
Up arrow
{{marketTrend.medianDaysOnMarket}} Days on
Market
Up arrow
{{marketTrend.activeListingsDisplay}} Active
Listings
Change from prior year (3-month average) Based on information from the applicable Multiple Listing Service for the years indicated. Copyright ©2022. All rights reserved.
  • Population {{marketTrend.populationDisplay}}
  • Population Density (persons per Square Mile) {{marketTrend.populationDensityDisplay}}
  • Median Household Income {{marketTrend.medianHouseholdIncomeDisplay}}
  • Households with Children {{marketTrend.householdsWithChildrenDisplay}}
  • Median Age of Home {{marketTrend.medianAgeOfHomeDisplay}}
  • Owned Homes {{marketTrend.dwellingsOwnedDisplay}}
  • Rented Homes {{marketTrend.dwellingsRentedDisplay}}
  • Vacant Homes {{marketTrend.dwellingsVacantDisplay}}

Currently not available.

Data powered by ATTOM Data Solutions. Copyright© 2022. Information deemed reliable but not guaranteed.

Walk Score

Please enter a valid phone number.
Clear all
*Required field
{{contactForm.message}}

Request Sent

Thank you for your inquiry. We will be in touch shortly regarding your question.

Please enter a valid phone number.

Are you working with an Edina Realty agent?*

Clear all
*Required field

{{scheduleShowing.message}}

Request Sent

Thank you for your inquiry. We will be in touch shortly regarding your question.

Status Definitions

For sale: Properties which are available for showings and purchase

Active contingent: Properties which are available for showing but are under contract with another buyer

Pending: Properties which are under contract with a buyer and are no longer available for showings

Sold: Properties on which the sale has closed.

Coming soon: Properties which will be on the market soon and are not available for showings.

Contingent and Pending statuses may not be available for all listings