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  • $510,000

    5145 16th Ave S, Minneapolis, MN 55417

    3beds
    1,885sqft
    Single Family
    Built in 1925
    4,920 Square Feet Lot
    $509,400 Zestimate®
    $271/sqft
    $2,855 Estimated rent

    Home value

    $509,400

    $474,000 - $545,000

    $2,855/mo

    Zestimate® history
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    What's special

    Beautiful backyardGenerously sized private bedroomLarge family room
    Welcome to this classic South Minneapolis gem in the sought-after Hale neighborhood. This 3-bedroom, 2-bath home blends timeless character with thoughtful updates throughout. The main level offers a natural flow between the spacious living room, dining area, kitchen, and large family room—perfect for everyday living and entertaining. Two bedrooms and a full bathroom complete the main floor, while the upper level features a generously sized private bedroom. The finished lower level adds valuable versatility with a large family room, 3/4 bathroom, and a bonus room ideal for a home office, guest space, or potential fourth bedroom with the addition of an egress window. Don’t forget the storge space and workshop area! Step outside to relax and enjoy a beautiful backyard, along with the convenience of an oversized 2-car garage. Located just blocks from Lake Nokomis and the scenic walking and biking trails of Minnehaha Parkway, this home offers an unbeatable combination of character, space, and location.

    Zillow last checked:

    Listing updated:

    Listed by:

    LaRae Spencer 612-220-9528,

    RE/MAX Results

    Bought with:

    Janelle R Murlowski

    P.S. Real Estate, LLC

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 7059816MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 3/4 bathrooms: 1
    Bedroom
    • Level: Main
    • Area: 144 Square Feet
    • Dimensions: 12x12
    Bedroom 2
    • Level: Main
    • Area: 130 Square Feet
    • Dimensions: 13x10
    Bedroom 3
    • Level: Upper
    • Area: 570 Square Feet
    • Dimensions: 19x30
    Other
    • Level: Basement
    • Area: 231 Square Feet
    • Dimensions: 21x11
    Dining room
    • Level: Main
    • Area: 120 Square Feet
    • Dimensions: 12x10
    Family room
    • Level: Main
    • Area: 154 Square Feet
    • Dimensions: 14x11
    Flex room
    • Level: Basement
    • Area: 99 Square Feet
    • Dimensions: 11x9
    Living room
    • Level: Main
    • Area: 228 Square Feet
    • Dimensions: 19x12
    Storage
    • Level: Basement
    • Area: 209 Square Feet
    • Dimensions: 11x19
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Dryer, Freezer, Gas Water Heater, Microwave, Range, Refrigerator, Stainless Steel Appliance(s), Washer
    Features
    • Basement: Crawl Space,Finished
    • Number of fireplaces: 1
    • Fireplace features: Gas, Living Room
    Interior area
    • Total structure area: 1,885
    • Total interior livable area: 1,885 sqft
    • Finished area above ground: 1,346
    • Finished area below ground: 539

    Property

    Parking
    • Total spaces: 2
    • Parking features: Detached Garage, Concrete
    • Garage spaces: 2
    Accessibility
    • Accessibility features: None
    Features
    • Levels: One and One Half
    • Stories: 1
    • Patio & porch: Awning(s), Patio
    Lot
    • Size: 4,920 sqft
    • Dimensions: 123 x 40
    • Features: Tree Coverage - Light
    Details
    • Foundation area: 849
    • Parcel number: 1402824410175
    • Zoning description: Residential-Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family
    Materials
    • Roof: Age Over 8 Years,Asphalt
    Condition
    • New construction: No
    • Year built: 1925

    Utilities & green energy

    • Electric: Power Company: Xcel Energy
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & neighborhood

    Location
    • Region: Minneapolis
    • Subdivision: Thorpe Bros 10th Add

    HOA & financial

    HOA
    • Has HOA: No

    Price history

    DateEventPrice
    6/4/2026Sold$510,000$271/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7059816 Report a problem
    5/11/2026Pending sale$510,000$271/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7059816 Report a problem
    5/1/2026Listed for sale$510,000+326.8%$271/sqft
    Source: NorthstarMLS as distributed by MLS GRID #7059816 Report a problem
    12/22/1997Sold$119,500$63/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,895 +10.3%$465,300 -0.8%
    2024$6,253 +7.9%$469,000 -2.3%
    2023$5,795 +10.5%$480,000 +8.8%
    2022$5,243 +8.8%$441,000 +15.7%
    2021$4,821 -7.7%$381,000 +4.7%
    2020$5,222 +8.3%$364,000
    2019$4,821 -7.7%$364,000
    2018$5,222 +9.3%$364,000 +23.4%
    2017$4,778 +8.6%$295,000 +8.5%
    2016$4,398 +1.1%$272,000 -4.1%
    2015$4,348 -8.7%$283,500 +5.6%
    2014$4,762 +11.6%$268,500 +12.1%
    2013$4,266 +2.4%$239,500
    2012$4,166 +8.6%$239,500
    2011$3,836 +15.1%$239,500
    2010$3,332 -1.2%$239,500
    2009$3,371 +0.9%$239,500 -3.2%
    2006$3,342 +10.8%$247,300 +15%
    2005$3,016 +8.9%$215,100 +15%
    2004$2,769 +11.9%$187,100 +12%
    2002$2,473 -55.6%$167,100
    2001$5,576 --

    Find assessor info on the county website

    Neighborhood: Hale

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $509,400
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    Estimated market value
    $509,400