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135 16th AVE NE Minneapolis, MN 55413

$700,000
$650,000
7.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

135 16th AVE NE Minneapolis, MN 55413
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MN > Minneapolis > Z Demeules Sub Of Lts Bottineaus 2Nd
Minneapolis, MN 55413,135 16th AVE NE
Minneapolis, MN 55413,135 16th AVE NE
Minneapolis, MN 55413,135 16th AVE NE
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43 photos
$700,000
Est. payment /mo
$650,000
7.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

3,584 SqFt
SOLD DATE : 06/13/2025

Key Details

Sold Price $700,000

Property Type Multi-Family

Sub Type Quadruplex

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

Year Built 1962

Annual Tax Amount $8,574

Tax Year 2024

Contingent None

Lot Size 4,356 Sqft

Acres 0.1

Lot Dimensions 110x38

Property Sub-Type Quadruplex

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

Rooms

Basement Daylight/Lookout Windows, Finished, Full, Storage Space

Interior

Heating Boiler

Fireplace No

Exterior

Parking Features Asphalt, Parking Lot

Fence None

Roof Type Age Over 8 Years

Building

Lot Description Corner Lot

Story Split Entry (Bi-Level)

Foundation 1792

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Split Entry (Bi-Level)

Structure Type Brick/Stone,Stucco

New Construction false

Schools

School District Minneapolis

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Daniel Linder

Daniel Linder

daniel.linder@exprealty.com +1(612) 597-5456

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eXp Realty

Daniel Linder

+1(612) 597-5456 daniel.linder@exprealty.com

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