135 16th Avenue NE Minneapolis, MN 55413

$650,000
Pending
estimated monthly payment
3,584 Sq Ft  |  Quadruplex  |  MLS # 6713434
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About The Listing

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!


Listing courtesy of Ronald J Long, RE/MAX Results
Purchase Price
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Property Details

Features

 
 
 
Property Type: Other
Status: Pending
Contingency Type: None
Year Built: 1962
MLS #: 6713434
Square Feet: 3,584
Price Per Square Foot: $181
Garage Spaces: 0
Parking Description: Asphalt, Parking Lot
Sewer Description: City Sewer/Connected
Water: City Water/Connected
Heat Type: Boiler
Basement: Daylight/Lookout Windows, Finished, Full, Storage Space
Construction Description: Brick/Stone, Stucco
Roof Description: Age Over 8 Years
Days On Market (Continuous): 19
Disability Features: None
Latest Update: 05/27/2025
List Date: 05/08/2025
Listing Agent ID: 502001072
Listing Office: RE/MAX Results
Listing Office ID: 40542
Data Source: NorthstarMLS - The Regional MLS of Minnesota
Fence: None
Lot Dimensions: 110x38
Lot Size: 0.1 Acres
Lot Features: Corner Lot
School District: Minneapolis
Tax Year: 2024
Estimated Taxes: $8,574
Contingency Type: None
City: Minneapolis
Zip: 55413
County: Hennepin
Subdivision: Z Demeules Sub Of Lts Bottineaus 2nd
State: MN

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Listing last updated: 05/27/25

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