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$289,000 -$10,000 (-3.34%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • 2 Units
  • 6 Total Beds
  • Updated 3 days ago
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Perfect for investors or owner-occupants! This 6BR/2BA duplex features long-term tenants on month-to-month leases, offering steady income and flexibility. Each unit includes its own washer and dryer, and tenants are aware of rent adjustments to align with current market values. The lower level unit has access to the unfinished basement. This is a versatile opportunity to live in one unit or expand your investment portfolio!

Full Property Details for 2736 16th Ave S

General

  • Price: $289,000
  • Taxes: $5,653 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: NorthStarMLS_RMLS
  • MLS ID: 6806237
  • Updated: 1/12/2026
  • Added to Site: 89 day(s) ago

Rooms

Bathrooms

  • Total Bathrooms: 2

Bedrooms

  • Total Bedrooms: 6

Other Rooms

  • Laundry: Lower Level, In Unit, Upper Level, Lower Level, In Unit, Upper Level

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: Abbotts Add
  • Neighborhood: 22
  • Driving Directions: From Interstate 35W: take Lake Street exit, go east on Lake Street, then turn north on 16th Ave S and continue to the property.

School Information

  • School District: 558 - Minneapolis
  • High School District: Minneapolis

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Basement: Yes
  • Basement Desc.: Full, Unfinished
  • Foundation Size: 973
  • Disability Access: Soaking Tub
  • Square Feet: 2,034
  • Above Ground: 2,102 Sq. Ft.
  • Below Ground: 973 Sq. Ft.
  • Year Built: 1900

Unit Information

  • Units w/Refrigerators: 1

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Dimensions: 41 x 123
  • Zoning: Residential-Multi-Family
  • Fencing (Description): Wood

Financial Considerations

  • Operating Expenses: $1,000
  • Tax Amount: $5,653
  • Tax Year: 2025
  • Terms: Conventional, VA, FHA, Cash
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Cable TV, Electricity, Exterior Maintenance, Gas, Grounds Care, Lawn Care, Maintenance
  • Pays Cable: Tenant Pays
  • Pays Electric: Tenant Pays
  • Pays Gas: Tenant Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: LOT 005 BLOCK 001 ABBOTTS ADDN TO MPLS
  • Property ID: 3502924410019

Listed by LPT Realty, LLC

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Listing agent

— 2736 16th Ave S —

  • LPT Realty, LLC

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 2736 16th Ave S

School District:Minneapolis Public School District
NameGradesDistance
Andersen Community
1098 Andersen Lane, Minneapolis, MN 55407
6-80.4 mi
South Senior High School
3131 19th Avenue South, Minneapolis, MN 55407
9-120.6 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 2736 16th Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/12/2026
Price Reduced
$289,000
-3.34%
MLS
10/18/2025
Listed
$299,000
92.41%
MLS
12/11/2015
Sold
$155,400
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 2736 16th Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,848
13%
$310,000
—
2023
$5,160
3%
$310,000
4%
2023
$5,023
—
$299,000
2%
2023
$5,023
2%
$292,000
5%
2020
$4,914
15%
$278,000
18%
2019
$4,275
18%
$235,500
19%
2018
$3,631
6%
$198,000
8%
2017
$3,420
2%
$182,500
10%
2016
$3,348
14%
$166,000
15%
2015
$2,932
2%
$144,500
10%
2014
$2,872
5%
$131,500
5%
2013
$2,746
—
$125,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by LPT Realty, LLC

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2736 16th Avenue S, Minneapolis, MN 55407 (MLS# 6806237) is a Multi-Family property with 2 units containing 6 bedrooms and 0 full bathrooms. 2736 16th Avenue S is currently listed for $289,000 and was received on October 18, 2025. Want to learn more about 2736 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.

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