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!
Closed
$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
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#: 6713434

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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