Minneapolis, MN 55413,344 16th AVE NE
Minneapolis, MN 55413,344 16th AVE NE
Minneapolis, MN 55413,344 16th AVE NE
$345,000
Est. payment /mo
$345,000
Est.Price: ?

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1,729 SqFt
SOLD DATE : 10/31/2025

Key Details

Sold Price $345,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,729 sqft

Price per Sqft $199

Subdivision Callaghans Sub Of Lts Bottineaus 2Nd

MLS Listing ID 6781332

Sold Date 10/31/25

Year Built 1900

Annual Tax Amount $4,911

Tax Year 2024

Contingent None

Lot Size 3,049 Sqft

Acres 0.07

Lot Dimensions 25x118

Property Sub-Type Triplex

Property Description

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.**

Location

State MN

County Hennepin

Rooms

Basement Crawl Space, Partial

Interior

Heating Forced Air, Space Heater

Fireplace No

Exterior

Garage Spaces 1.0

Building

Story Two

Foundation 900

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Wood Siding

New Construction false

Schools

School District Minneapolis

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Listed by Kathryn Hammerseng • Edina Realty, Inc.

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Joseph Andrews

Joseph Andrews

+1(701) 230-8839

Broker | License ID: 10618

Broker License ID: 10618

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