3509 16th Ave S Minneapolis, MN 55407
Powderhorn Park NeighborhoodEstimated payment $1,694/month
Total Views
3,880
4
Beds
3
Baths
2,721
Sq Ft
$83
Price per Sq Ft
About This Home
Step into a piece of history with a truly unique and versatile property that seamlessly blends classic craftsmanship with contemporary comfort. Built in the 1920's, this home showcases original woodwork and architectural details that speak to its era-rich trim, hardwood floors, and thoughtful design touches that are increasingly hard to find. Lovingly maintained, the property features several major improvements for added piece of mind and energy efficiency. The roof was replaced just two years ago, offering long-term durability. Brand-new windows throughout the home not only enhance curb appeal but also improve insulation and natural light. In addition, a new water heater was installed in 2023, ensuring reliable comfort year-round. This property is very functional and income producing. With a flexible layout, it offers excellent potential for rental income, multi-generational living, or even live-in/lease-out scenarios. The basement is fully finished providing additional space and options! Full fenced in yard. Whether you're looking to supplement your income, expand your investment portfolio, or find a distinctive residence with added value, this home presents a rare opportunity. Enjoy the charm of a bygone era, all within a property that stands out for its character and financial potential. Don't miss your chance to own a piece of history with built-in benefits for the future. 1-year home warranty comes with the home.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,619
Year Built
- Built in 1922
Lot Details
- Lot Dimensions are 40x122x40x121
- Partially Fenced Property
- Chain Link Fence
Parking
- 2 Car Garage
Home Design
- Quadruplex
Interior Spaces
- 2-Story Property
- Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Utilities
- Gravity Heating System
- 100 Amp Service
Community Details
- 2 Units
- Girard Invest Co 02Nd Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 0202824410088
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 | $5,238 | $387,000 | $82,000 | $305,000 |
| 2022 | $4,703 | $385,000 | $82,000 | $303,000 |
| 2021 | $4,511 | $345,000 | $59,000 | $286,000 |
| 2020 | $4,487 | $342,500 | $39,900 | $302,600 |
| 2019 | $4,156 | $317,000 | $26,600 | $290,400 |
| 2018 | $3,569 | $288,000 | $26,600 | $261,400 |
| 2017 | $3,161 | $220,500 | $24,200 | $196,300 |
| 2016 | $3,102 | $211,000 | $24,200 | $186,800 |
| 2015 | $2,778 | $184,500 | $24,200 | $160,300 |
| 2014 | -- | $171,500 | $24,200 | $147,300 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/14/2025 07/14/25 | Pending | -- | -- | -- |
| 07/11/2025 07/11/25 | Price Changed | $225,000 | -18.2% | $83 / Sq Ft |
| 07/07/2025 07/07/25 | Price Changed | $275,000 | -8.0% | $101 / Sq Ft |
| 07/05/2025 07/05/25 | Price Changed | $299,000 | -14.3% | $110 / Sq Ft |
| 06/27/2025 06/27/25 | Price Changed | $349,000 | -2.8% | $128 / Sq Ft |
| 06/27/2025 06/27/25 | For Sale | $359,000 | -- | $132 / Sq Ft |
Source: NorthstarMLS
Similar Homes in Minneapolis, MN
Source: NorthstarMLS
MLS Number: 6740852
APN: 02-028-24-41-0088
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