Date
Details
Price
Change
Source
1/02/2026
Listed
$480,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/20
$480,000
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1/20
Property Description
Discover a well-maintained 4-plex that blends timeless character with reliable investment performance. This classic building showcases beautiful original woodwork, abundant natural light, and hardwood floors throughout - creating warm and inviting spaces that tenants love. The exterior has been freshly painted, giving the property excellent curb appeal and minimizing immediate maintenance needs. With a strong rental history, this 4-plex is easy to rent, and offers steady cash flow, making it an ideal addition to any investment portfolio. Whether you're a seasoned investor looking to expand your holdings, or ready to dive into your first multi-unit revenue-generator, this charming and dependable property delivers long-term value with historic charm.
Full Property Details
Full Property Details for 2500 16th Ave S
General
- Price: $480,000
- Taxes: $7,404 (2025)
- Status: Active
- Type: Multi-Family
- Source: NorthStarMLS_RMLS
- MLS ID: 6817815
- Updated: 1/14/2026
- Added to Site: 35 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 11
Other Rooms
- Laundry: In Basement, In Basement
Parking
- Parking Features: On-Street Parking Only
Location
- County: Hennepin
- Township: Minneapolis
- Subdivision: Bowens Add
- Neighborhood: 22
- Driving Directions: From I-94, take the Cedar Ave exit and head south. Turn right onto E 25th Street, then left onto 16th Ave S. Property will be on the right.
School Information
- School District: 558 - Minneapolis
- High School District: Minneapolis
Heating & Cooling
- Heating Type: Boiler
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
Structural Information
- Basement: Yes
- Basement Desc.: Block
- Foundation Size: 1863
- Roof: Age 8 Years or Less
- Disability Access: None
- Square Feet: 3,757
- Above Ground: 4,256 Sq. Ft.
- Below Ground: 1,863 Sq. Ft.
- Year Built: 1913
Lot Features
- Lot Size (Acres): 6,466
- Lot Dimensions: 52.3 x 123.5
- Zoning: Residential-Multi-Family
Financial Considerations
- Operating Expenses: $14,800
- Tax Amount: $7,404
- Tax Year: 2025
Disclosures and Reports
- Legal Description: LOT 022 BLOCK 002 BOWENS ADDN TO MPLS
- Property ID: 3502924140021
Listed by Real Broker, LLC
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— 2500 16th Ave S —
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Schools
Schools serving 2500 16th Ave S
School District:Minneapolis Public School District
| Name | Grades | Distance |
|---|---|---|
Andersen Community 1098 Andersen Lane, Minneapolis, MN 55407 | 6-8 | 0.4 mi |
Folwell Arts Magnet 3611 20th Avenue South, Minneapolis, MN 55407 | PK-5 | 1.4 mi |
South Senior High School 3131 19th Avenue South, Minneapolis, MN 55407 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2500 16th Ave S
Tax History
Tax History for 2500 16th Ave S
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,404
10%
$406,000
-3%
2023
$6,703
1%
$419,000
1%
2023
$6,651
—
$413,100
-7%
2023
$6,651
-11%
$445,000
5%
2020
$7,494
22%
$424,000
25%
2019
$6,154
21%
$339,000
22%
2018
$5,098
10%
$278,000
12%
2017
$4,648
-1%
$248,000
2%
2016
$4,679
2%
$242,000
7%
2015
$4,586
-7%
$226,000
—
2014
$4,936
-3%
$226,000
—
2013
$5,112
—
$226,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2500 16th Ave S
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- Multi-Family
- Active
- 2Units
- 9Total Beds
Listed by Molina Realtors
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- Single Family
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
- 937Sq. Ft.
Listed by LPT Realty, LLC
- Single Family
- Active
- Updated 7 hours ago
- 3Beds
- 4Total Baths
- 2,556Sq. Ft.
Listed by Edina Realty, Inc.
- Condo
- Active
- Updated 15 hours ago
- 2Beds
- 1Total Bath
- 782Sq. Ft.
Listed by Keller Williams Premier Realty
- Single Family
- Active
- Updated 1 day ago
- 5Beds
- 3Total Baths
- 2,621Sq. Ft.
Listed by RE/MAX Professionals
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- Condo
- Active
- Updated 3 days ago
- 1Bed
- 1Total Bath
- 937Sq. Ft.
Listed by Barb Davis | Jonna Kosalko (612) 695-3136
- Condo
- Active
- Updated 5 days ago
- 1Bed
- 1Total Bath
- 868Sq. Ft.
Listed by North Oaks Realty, LLC
- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 2Total Baths
- 2,185Sq. Ft.
Listed by VIBE Realty
- Single Family
- Active
- Updated 8 hours ago
- 10Beds
- 2Total Baths
- 2,732Sq. Ft.
Listed by RE/MAX Advantage Plus
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- Duplex
- Closed
- 1,686Sq. Ft.
Listed by Century 21 Atwood
Sold by Lakes Area Realty
Sold by Lakes Area Realty
- Commercial
- Closed
- 5,281Sq. Ft.
- 0.17Acres
Listed by Edina Realty, Inc.
Sold by National Realty Guild
Sold by National Realty Guild
- Duplex
- Closed
- 2,600Sq. Ft.
Listed and Sold by RE/MAX Advantage Plus
- Single Family
- Closed
- Updated 8 days ago
- 4Beds
- 2Total Baths
- 1,921Sq. Ft.
Listed by Lynden Realty, Ltd.
Sold by Anderson Realty
Sold by Anderson Realty
2500 16th Avenue S, Minneapolis, MN 55404 (MLS# 6817815) is a Multi-Family property with 4 units containing 11 bedrooms and 0 full bathrooms. 2500 16th Avenue S is currently listed for $480,000 and was received on December 12, 2025. Want to learn more about 2500 16th Avenue S? Do you have questions about finding other Multi-Family real estate for sale in Minneapolis? You can browse all Minneapolis real estate or contact a Coldwell Banker agent to request more information.