Closed

$237,750

3236-3238 16th Ave S, Minneapolis, MN 55407

4beds

2baths

1,502sqft

Multi Family

Built in 1906

-- sqft lot

$238,500 Zestimate^®

$158/sqft

$1,865 Estimated rent

Home value

$238,500

$219,000 - $258,000

$1,865/mo

Zestimate^® history

Owner options

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$1,865/mo

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$1,865/mo

Rent Zestimate^®

Refinance and save

$1,502/mo

Est. payment

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$1,502/mo

Est. payment

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What's special

Partially updated plumbingUpdated electrical

Up/Down duplex in South Minneapolis ready for the right buyer to bring their vision and updates to make it shine again! This property offers great investment potential—perfect for adding to your rental portfolio or creating an income-producing home. Key improvements already completed include new roof in 2025, updated electrical, and partially updated plumbing. Each unit has a second bedroom that’s non-conforming due to the lack of a closet, but adding an armoire would be a simple solution. The upper unit also features access to an unfinished third level, offering a fantastic opportunity to finish the attic and gain additional square footage for instant equity!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2

Heating

Boiler, Fireplace(s)

Features

Basement: Block,Daylight,Unfinished

Interior area

Total structure area: 1,502
Total interior livable area: 1,502 sqft
Finished area above ground: 1,502
Finished area below ground: 0

Property

Parking

Total spaces: 2
Parking features: Detached Garage
Garage spaces: 2
Details: Garage Dimensions (22x20)

Accessibility

Accessibility features: None

Features

Levels: Two
Patio & porch: Deck, Front Porch

Lot

Size: 5,227 Square Feet
Dimensions: 42 x 122 x 42 x 122
Features: Tree Coverage - Light

Details

Foundation area: 707
Parcel number: 0202824140173
Zoning description: Residential-Single Family

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Roof: Age 8 Years or Less,Asphalt

Condition

New construction: No
Year built: 1906

Utilities & green energy

Gas: Natural Gas
Sewer: City Sewer/Connected
Water: City Water/Connected

Community & HOA

Community

Subdivision: Powder Horn Park Add

HOA

Amenities included: Porch

Location

Region: Minneapolis

Financial & listing details

Price per square foot: $158/sqft
Annual tax amount: $3,736
Date on market: 12/15/2025
Cumulative days on market: 28 days
Road surface type: Paved

Price history

Date	Event	Price
1/26/2026	Sold	$237,750-4.9%$158/sqft
Source: NorthstarMLS as distributed by MLS GRID #6826215 Report a problem
1/12/2026	Pending sale	$250,000$166/sqft
Source: NorthstarMLS as distributed by MLS GRID #6826215 Report a problem
12/15/2025	Listed for sale	$250,000$166/sqft
Source: NorthstarMLS as distributed by MLS GRID #6826215 Report a problem