As Is-Priced to Sell: Investor Opportunity 1,350 sf Tear-Down or Renovate in Prime Como Location.
Bring your builder’s eye to this rare offering just minutes from the University of Minnesota. This 1914 single-family lot zoned R2B presents substantial upside whether you choose full remodel or new construction. Surrounded by student housing, infill projects, and rental units. Offered AS-IS at $199,900 for rehab or tear-down. Perfect for seasoned investors seeking value add or redevelopable site in a high-demand rental corridor. Close to the U of M Twin Cities campus, walking/biking distance.
Closed
$225,000
1516 Brook Ave SE, Minneapolis, MN 55414
3beds
1,350sqft
Single Family Residence
Built in 1914
4,356 Square Feet Lot
$310,900 Zestimate®
$167/sqft
$2,413 Estimated rent
Home value
$310,900
$283,000 - $339,000
$2,413/mo
Zestimate® history
Owner options
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$2,413/mo
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$2,413/mo
Rent Zestimate®
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$1,421/mo
Est. payment
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$1,421/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Travis M. Sabby 612-600-6000,
Real Broker, LLC
Bought with:
Tammy Carlson
Greenlaw Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6756939
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Bedroom
- Level: Upper
- Area: 121 Square Feet
- Dimensions: 11 x 11
Bedroom 2
- Level: Upper
- Area: 110 Square Feet
- Dimensions: 11 x 10
Bedroom 3
- Level: Upper
- Area: 143 Square Feet
- Dimensions: 11 x 13
Dining room
- Level: Main
- Area: 154 Square Feet
- Dimensions: 11 x 14
Kitchen
- Level: Main
- Area: 143 Square Feet
- Dimensions: 13 x 11
Living room
- Level: Main
- Area: 247 Square Feet
- Dimensions: 19 x 13
Porch
- Level: Main
- Area: 184 Square Feet
- Dimensions: 23 x 08
Heating
- Boiler, Hot Water, Radiator
Cooling
- None
Appliances
- Included: Microwave, Range
Features
- Basement: Full,Unfinished
- Number of fireplaces: 1
- Fireplace features: Wood Burning
Interior area
- Total structure area: 1,350
- Total interior livable area: 1,350 sqft
- Finished area above ground: 1,350
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Detached Garage
- Garage spaces: 1
- Details: Garage Door Width (6)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Front Porch
- Pool features: None
- Fencing: Partial
Lot
- Size: 4,356 Square Feet
- Dimensions: 57 x 80
Details
- Foundation area: 678
- Parcel number: 2402924140048
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame
- Roof: Age Over 8 Years,Asphalt
Condition
- New construction: No
- Year built: 1914
Utilities & green energy
- Electric: Other, Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Mcmillans Sub Blks Rollins Add
HOA
- Has HOA: No
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $167/sqft
- Tax assessed value: $276,000
- Annual tax amount: $4,312
- Date on market: 8/1/2025
- Cumulative days on market: 4 days
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 4/18/2026 | Listing removed | $3,000$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/25/2026 | Listed for rent | $3,000$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/22/2025 | Sold | $225,000+12.6%$167/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6756939 Report a problem | ||
| 8/5/2025 | Pending sale | $199,900$148/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6756939 Report a problem | ||
| 8/1/2025 | Listed for sale | $199,900$148/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6756939 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,312 +3.6% | $276,000 -10.1% |
| 2024 | $4,162 +15.2% | $307,000 -5.8% |
| 2023 | $3,613 +4% | $326,000 +14.4% |
| 2022 | $3,475 +19.1% | $285,000 +8.4% |
| 2021 | $2,917 -7.8% | $263,000 +13.1% |
| 2020 | $3,162 +8.4% | $232,500 |
| 2019 | $2,917 -7.8% | $232,500 |
| 2018 | $3,162 +7.7% | $232,500 +15.4% |
| 2017 | $2,936 +3.1% | $201,500 +10.1% |
| 2016 | $2,847 +8.5% | $183,000 |
| 2015 | $2,625 -4.8% | $183,000 |
| 2014 | $2,757 -9.2% | $183,000 |
| 2013 | $3,038 -3.5% | $183,000 -4.9% |
| 2012 | $3,148 -22.8% | $192,500 -12.5% |
| 2011 | $4,075 +9.3% | $220,000 -3.5% |
| 2010 | $3,727 +8.4% | $228,000 -4.1% |
| 2009 | $3,440 +41.5% | $237,800 +28.5% |
| 2006 | $2,431 +11.2% | $185,100 +15% |
| 2005 | $2,186 +9% | $161,000 +15% |
| 2004 | $2,005 +13% | $140,000 +12% |
| 2002 | $1,775 -53.1% | $125,000 |
| 2001 | $3,784 | -- |
Find assessor info on the county website
Neighborhood: Southeast Como
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Nearby schools
GreatSchools rating
- 2/10Pillsbury Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 2/10Northeast Middle SchoolGrades: 6-8Distance: 2.4 mi
- 4/10Edison Senior High SchoolGrades: 9-12Distance: 1.9 mi
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Estimated market value
$310,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$310,900
- Minnesota
- Hennepin County
- Minneapolis
- 55414
- Southeast Como
- 1516 Brook Ave SE
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