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2740 16th Avenue S, Minneapolis, MN 55407

New Listing

$424,900

Property Type: Multi-Family Bedrooms: 8 Baths: 2 Square Footage: 3,664 Lot Size (sq. ft.): 5,227 Status: Active

Current Price: $424,900 List Date: 6/04/2026 Last Modified: 6/07/2026

Overview

Description

Modern convenience meets old world charm. Excellent opportunity to own a historical south Minneapolis home. Boasts gleaming hardwood floors, woodwork and built-ins. Excellent for owner occupant or investment. Convenient access to freeway access, downtown and MSP airport. You won't want to miss this one. Updates include new roof in 2023. New siding 2022, New garage doors in 2023 and new washer and dryer in 2024

Listing Details MLS# 7083925

General Property Information

Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: No
Waterfront Present: No
Year Built: 1902
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Main Floor Total SqFt: 1184
Above Ground SqFt: 2817
Below Grd Total SqFt: 847
Total SqFt: 3664
Foundation Size: 1324
Style: (MF) Duplex Up and Down
Total Finished Sqft: 2817.00
Garage Stalls: 2
Lot Dimensions: 41 x 123
Acres: 0.12
Assessment Pending: No

Property Features

Accessible: None Basement: Full Construction Materials: Stone Construction Status: Previously Owned Exterior: Vinyl Foundation: Stone Fuel: Natural Gas Heating: Boiler Lot Description: Tree Coverage - Medium Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Age 8 Years or Less; Architectural Shingle Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Unit 1 Amenities: Hardwood Floors; Main Floor Primary Bedroom; Natural Woodwork Unit 1 Appliances: Freezer; Range; Refrigerator Unit 1 Dining Room Description: Living/Dining Room Unit 1 Special Search: 3 BR on One Level Unit 2 Amenities: Balcony; Deck; Hardwood Floors; Natural Woodwork Water: City Water/Connected

Contract Information

Contingency: None
Original List Price: 424900
ListPrice: 424900
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 2740
Street Name: 16th
Street Suffix: Avenue
Street Direction Suffix: S
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55407
Complex/Dev/Subdivision: Abbotts Add

Assessments

Tax With Assessments: 5799
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 2817

More Information

Income and Expenses

Annual Caretaker Expense: 1800
Annual Electric Expense: 4300
Annual Gross Income: 47400
Annual Insurance Expense: 6540
Annual Water/Sewer Expense: 2400
Annual Fuel Expense: 0
Annual Gross Expenses: 0
Annual Maintenance Expense: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Total Annual Expenses: 0

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

DP Resource: Yes
Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Square Feet: 340

Public Survey Info

Range#: 24
Section#: 35
Township#: 29

Unit 1

Furnished?: No
Leased?: No
Level: Main Level
Unit Number: Yes
Finished SqFt: 1262
Full Baths: Yes
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 3
Total Rooms: 8

Unit 2

Furnished?: No
Lease Expiration Date: 2027-08-31
Leased?: Yes
Unit Number: 2
Annual Rent: 26700
Finished SqFt: 1555
Full Baths: Yes
Monthly Rent: 2225
No. of Units Like This: Yes
Total Baths: Yes
Total Bedrooms: 5
Total Rooms: 8

Unit Details

Total Units: 2

Office/Member Info

Association: MAAR

Location, Tax and Other Information

Legal Description: LOT 006 BLOCK 001 ABBOTTS ADDN TO MPLS
Listing City: Minneapolis
Map Page: 106
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Zip Plus 4: 2807
Property ID Number: 3502924410020
Tax Year: 2026
Tax Amount: 5799
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Modern convenience meets old world charm. Excellent opportunity to own a historical south Minneapolis home. Boasts gleaming hardwood floors, woodwork and built-ins. Excellent for owner occupant or investment. Convenient access to freeway access, downtown and MSP airport. You won't want to miss this one. Updates include new roof in 2023. New siding 2022, New garage doors in 2023 and new washer and dryer in 2024
Directions: Take 26th Street, Turn North to house number 2740

Accessible

None: Yes

Basement

Full: Yes

Construction Materials

Stone: Yes

Construction Status

Previously Owned: Yes

Exterior

Vinyl: Yes

Foundation

Stone: Yes

Fuel

Natural Gas: Yes

Heating

Boiler: Yes

Lot Description

Tree Coverage - Medium: Yes

Patio, Porch and Deck Features

Deck: Yes

Road Frontage

City Street: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Age 8 Years or Less: Yes
Architectural Shingle: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA: Yes

Sewer

City Sewer/Connected: Yes

Water

City Water/Connected: Yes

No. of Ranges

Two: Yes

No. of Refrigerators

Two: Yes

Unit 1 Amenities

Hardwood Floors: Yes
Main Floor Primary Bedroom: Yes
Natural Woodwork: Yes

Unit 1 Appliances

Freezer: Yes
Range: Yes
Refrigerator: Yes

Unit 1 Dining Room Description

Living/Dining Room: Yes

Unit 1 Special Search

3 BR on One Level: Yes

Unit 2 Amenities

Balcony: Yes
Deck: Yes
Hardwood Floors: Yes
Natural Woodwork: Yes

Listing Office: Roseville Realty

Last Updated: June - 07 - 2026

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.