344 16th Ave NE Minneapolis, MN 55413
Sheridan NeighborhoodEstimated payment $2,285/month
Total Views
8,367
7
Beds
3
Baths
1,729
Sq Ft
$200
Price per Sq Ft
About This Home
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.**
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,911
Year Built
- Built in 1900
Lot Details
- Lot Dimensions are 25x118
Parking
- 1 Car Garage
Home Design
- Triplex
Interior Spaces
- 1,729 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 7 Bedrooms
- 3 Bathrooms
Basement
- Partial Basement
- Crawl Space
Utilities
- Forced Air Heating System
- Space Heater
Listing and Financial Details
- Assessor Parcel Number 1402924210015
Community Details
Overview
- 3 Units
- Callaghans Sub Of Lts Bottineaus 2Nd Subdivision
Amenities
- Coin Laundry
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $4,911 | $307,000 | $89,000 | $218,000 |
| 2022 | $4,892 | $323,000 | $83,000 | $240,000 |
| 2021 | $4,624 | $288,000 | $45,000 | $243,000 |
| 2020 | $4,587 | $283,000 | $12,800 | $270,200 |
| 2019 | $4,283 | $259,500 | $8,500 | $251,000 |
| 2018 | $3,814 | $236,000 | $8,500 | $227,500 |
| 2017 | $3,252 | $173,500 | $7,700 | $165,800 |
| 2016 | $2,978 | $154,000 | $7,700 | $146,300 |
| 2015 | $2,719 | $134,000 | $7,700 | $126,300 |
| 2014 | -- | $122,000 | $7,700 | $114,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/02/2025 09/02/25 | For Sale | $345,000 | -- | $200 / Sq Ft |
Source: NorthstarMLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $46,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $449,900 | New Conventional |
Source: Public Records
Similar Homes in Minneapolis, MN
Source: NorthstarMLS
MLS Number: 6781332
APN: 14-029-24-21-0015
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