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  • $700,000

    135 16th Ave NE, Minneapolis, MN 55413

    7beds
    4baths
    3,584sqft
    Quadruplex
    Built in 1962
    -- sqft lot
    $702,500 Zestimate®
    $195/sqft
    $3,104 Estimated rent

    What's special

    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!

    Zillow last checked: 7 hours ago

    Listing updated: June 13, 2025 at 11:37am

    Listed by:

    Ronald J Long 952-210-4993,

    RE/MAX Results,

    Christopher D Long 612-636-9700

    Bought with:

    Paul Begich

    Compass

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6713434MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    Heating
    • Boiler
    Appliances
    • Laundry: Coin-op Laundry Owned
    Features
    • Basement: Daylight,Finished,Full,Storage Space
    Interior area
    • Total structure area: 3,584
    • Total interior livable area: 3,584 sqft
    • Finished area above ground: 1,792
    • Finished area below ground: 1,792

    Property

    Parking
    • Parking features: Asphalt, Parking Lot
    • Details: Garage Dimensions (0x0)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Multi/Split
    • Fencing: None
    Lot
    • Size: 4,356 sqft
    • Dimensions: 110 x 38
    • Features: Corner Lot
    Details
    • Foundation area: 1792
    • Parcel number: 1402924220150

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Brick/Stone, Stucco
    • Roof: Age Over 8 Years
    Condition
    • Age of Property: 63
    • New construction: No
    • Year built: 1962

    Utilities & green energy

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

    Community & neighborhood

    Location
    • Region: Minneapolis
    • Subdivision: Z Demeules Sub Of Lts Bottineaus 2nd
    Services availability
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    An equal housing lender. NMLS #10287.