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  • $230,000

    3509 16th Ave S, Minneapolis, MN 55407

    4beds
    3baths
    2,721sqft
    Quadruplex
    Built in 1922
    -- sqft lot
    $424,100 Zestimate®
    $85/sqft
    $1,726 Estimated rent

    Home value

    $424,100

    $377,000 - $471,000

    $1,726/mo

    Zestimate® history
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    $1,197/mo

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    What's special

    Full fenced in yardHardwood floorsThoughtful design touchesOriginal woodworkArchitectural detailsBrand-new windows
    Step into a piece of history with a truly unique and versatile property that seamlessly blends classic craftsmanship with contemporary comfort. Built in the 1920's, this home showcases original woodwork and architectural details that speak to its era-rich trim, hardwood floors, and thoughtful design touches that are increasingly hard to find. Lovingly maintained, the property features several major improvements for added piece of mind and energy efficiency. The roof was replaced just two years ago, offering long-term durability. Brand-new windows throughout the home not only enhance curb appeal but also improve insulation and natural light. In addition, a new water heater was installed in 2023, ensuring reliable comfort year-round. This property is very functional and income producing. With a flexible layout, it offers excellent potential for rental income, multi-generational living, or even live-in/lease-out scenarios. The basement is fully finished providing additional space and options! Full fenced in yard. Whether you're looking to supplement your income, expand your investment portfolio, or find a distinctive residence with added value, this home presents a rare opportunity. Enjoy the charm of a bygone era, all within a property that stands out for its character and financial potential. Don't miss your chance to own a piece of history with built-in benefits for the future. 1-year home warranty comes with the home.

    Zillow last checked:

    Listing updated:

    Listed by:

    Amy Stocker 651-242-1586,

    Edina Realty, Inc.

    Bought with:

    Amy Stocker

    Edina Realty, Inc.

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6740852MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Heating
    • Gravity
    Appliances
    • Laundry: Lower Level, Laundry Room, Upper Level
    Features
    • Basement: Block
    Interior area
    • Total structure area: 2,721
    • Total interior livable area: 2,721 sqft
    • Finished area above ground: 2,292
    • Finished area below ground: 429

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage
    • Garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: More Than 2 Stories
    • Fencing: Chain Link,Partial
    Lot
    • Size: 5,227 Square Feet
    • Dimensions: 40 x 122 x 40 x 121
    Details
    • Foundation area: 966
    • Parcel number: 0202824410088

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Roof: Age 8 Years or Less
    Condition
    • New construction: No
    • Year built: 1922

    Utilities & green energy

    • Electric: 100 Amp Service
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Girard Invest Co 02nd Add
    Location
    • Region: Minneapolis

    Financial & listing details

    • Price per square foot: $85/sqft
    • Tax assessed value: $385,000
    • Annual tax amount: $5,619
    • Date on market: 6/27/2025
    • Cumulative days on market: 17 days

    Price history

    DateEventPrice
    10/30/2025Sold$230,000+2.2%$85/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6740852 Report a problem
    7/14/2025Pending sale$225,000$83/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6740852 Report a problem
    7/11/2025Price change$225,000-18.2%$83/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6740852 Report a problem
    7/7/2025Price change$275,000-8%$101/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6740852 Report a problem
    7/5/2025Price change$299,000-14.3%$110/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6740852 Report a problem
    6/27/2025Listed for sale$349,000$128/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6740852 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,510 +5.2%$385,000 +4.3%
    2024$5,238 +4.2%$369,000 -4.7%
    2023$5,028 +6.9%$387,000 +0.5%
    2022$4,703 +4.3%$385,000 +11.6%
    2021$4,511 +0.5%$345,000 +0.7%
    2020$4,487 -0.5%$342,500 +8%
    2019$4,511 +0.5%$317,000 +10.1%
    2018$4,487 +25.7%$288,000 +30.6%
    2017$3,569 +12.9%$220,500 +4.5%
    2016$3,161 +1.9%$211,000 +14.4%
    2015$3,102 +11.7%$184,500 +7.6%
    2014$2,778 +6.9%$171,500 +4.3%
    2013$2,599 -11.6%$164,500 -11.6%
    2012$2,939 -6.5%$186,000 -7%
    2011$3,142 +9%$200,000 -5%
    2010$2,884 -13.8%$210,500 -10%
    2009$3,345 +40.2%$234,000 +30.9%
    2006$2,385 +16.1%$178,800 +19.8%
    2005$2,055 +22%$149,300 +26.7%
    2004$1,685 +24.6%$117,800 +22.2%
    2002$1,352 -42.2%$96,400
    2001$2,340 --
    Find assessor info on the county website

    Neighborhood: Powderhorn Park

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $424,100
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $424,100