Own this completely stabilized NE MPLS Triplex with amazing cash flow in Minneapolis the heart of the NE Minneapolis Arts District! Great owner occupancy/investment opportunity! Classic turn of the century home is walkable to breweries, restaurants theater, parks and trails.
Upper unit rents as single room occupancy with shared common areas, Month to Month leases with long term clients .High cash flow with low vacancy! **Monthly rent per unit: 2BR-$950/mo., 1BR-$850/mo., 4BR-$2340/mo.**
Closed
$345,000
344 16th Ave NE, Minneapolis, MN 55413
7beds
3baths
1,729sqft
Triplex
Built in 1900
-- sqft lot
$345,100 Zestimate®
$200/sqft
$1,526 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 03, 2025 at 08:20am
Listed by:
Kath Hammerseng- Sohus Real Estate Group 612-718-1586,
Edina Realty, Inc.
Bought with:
Jeremy C Hollingsworth
Twin City Real Estate Services
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6781332
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 3
Heating
- Forced Air, Space Heater
Appliances
- Laundry: Coin-op Laundry Owned
Features
- Basement: Crawl Space,Partial
Interior area
- Total structure area: 1,729
- Total interior livable area: 1,729 sqft
- Finished area above ground: 1,729
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: Two
Lot
- Size: 3,049 sqft
- Dimensions: 25 x 118
Details
- Foundation area: 900
- Parcel number: 1402924210015
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
Materials
- Wood Siding
Condition
- Age of Property: 125
- New construction: No
- Year built: 1900
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Location
- Region: Minneapolis
- Subdivision: Callaghans Sub Of Lts Bottineaus 2nd
Sell with ease on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for —faster.
$345,100
2% more+$6,902
With Zillow Showcase(estimated)$352,002