Date
Details
Price
Change
Source
2/16/2026
Listed
$359,900
—
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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Property Description
This adorable Mid-Century modern in the sought-after Hale neighborhood is just 2 blocks from Lake Nokomis and Minnehaha Parkway. Turn-key and move-in ready, it blends classic charm with practical function. Features include 3 bedrooms on the main level, wood-burning fireplace, vintage 'Magic Chef' stove adding authentic character, large detached 1-car garage, and a great backyard planted with ground cover for ease of care. The brand new Navien® Combi-Boiler is the most energy efficient boiler on the market and heats both the radiators and provides nearly-immediate hot water - a separate water heater isn't necessary. MAC window replacements on entire upper level. New garage door in 2025. The unfinished basement offers excellent potential to add a bathroom, family room, and additional bedroom for instant equity. Oversized structural beams provide added stability and a solid foundation for future finishing. Enjoy quick highway access to Cedar, 35, 62 and the airport.
Full Property Details
Full Property Details for 5140 16th Ave S
General
- Price: $359,900
- Taxes: $5,195 (2025)
- Status: Active
- Type: Single Family
- Source: NorthStarMLS_RMLS
- MLS ID: 7020690
- Updated: 2/18/2026
- Added to Site: 2 day(s) ago
Interior
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Wood-Burning
- Appliances: Dishwasher, Dryer, Range, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: In Basement, In Basement
Additional Information
- Amenities: Deck, Main Floor Primary Bedroom
Exterior
- Porch/Patio/Deck: Deck
Parking
- Garage: Yes
- Garage Spaces: 1
- Parking Features: Detached Garage
Location
- County: Hennepin
- Township: Minneapolis
- Subdivision: Thorpe Bros 10th Add
- Neighborhood: 29
- Driving Directions: 35W to 46th to 16th
School Information
- School District: 558 - Minneapolis
- High School District: Minneapolis
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Baseboard, Boiler
- Heating Fuel: Natural Gas
Utilities
- Sewer: City Sewer Connected
- Water: City Water (Connected)
Structural Information
- Exterior Const.: Frame
- Basement: Yes
- Basement Desc.: Unfinished
- Foundation Size: 980
- Roof: Age Over 8 Years
- Disability Access: None
- Square Feet: 1,005
- Above Ground: 1,005 Sq. Ft.
- Below Ground: 980 Sq. Ft.
- Year Built: 1970
Additional Structures
- Other Structures: Garage(s)
Lot Features
- Lot Size (Acres): 0.11
- Lot Dimensions: 40.00 x 123.00
- Frontage: City Street
- Zoning: Residential-Single Family
Financial Considerations
- Tax Amount: $5,195
- Tax Year: 2025
- Terms: Conventional, VA, FHA, Cash
Disclosures and Reports
- Legal Description: LOT 006 BLOCK 009 THORPE BROS 10TH ADDN TO MPLS
- Property ID: 1402824410151
Listed by Verve Realty
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Schools
Schools serving 5140 16th Ave S
School District:Minneapolis Public School District
| Name | Grades | Distance |
|---|---|---|
Hale Elementary School 5330 13th Avenue South, Minneapolis, MN 55417 | K-2 | 0.3 mi |
Field Elementary School 4645 4th Avenue South, Minneapolis, MN 55419 | 3-5 | 1.1 mi |
Justice Page Middle School 1 West 49th Street, Minneapolis, MN 55419 | 6-8 | 1.4 mi |
Washburn Senior High School 201 West 49th Street, Minneapolis, MN 55419 | 9-12 | 1.6 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 5140 16th Ave S
Tax History
Tax History for 5140 16th Ave S
Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,195
8%
$363,000
-3%
2023
$4,816
16%
$373,000
15%
2023
$4,162
—
$324,000
15%
2023
$4,162
13%
$282,000
12%
2020
$3,688
2%
$252,700
6%
2019
$3,601
13%
$239,075
14%
2018
$3,179
12%
$209,645
15%
2017
$2,846
-4%
$182,395
7%
2016
$2,963
-10%
$170,950
-6%
2015
$3,282
-3%
$181,850
4%
2014
$3,379
5%
$174,765
6%
2013
$3,230
—
$165,500
—
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 5140 16th Ave S
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5140 16th Avenue S, Minneapolis, MN 55417 (MLS# 7020690) is a Single Family property with 3 bedrooms and 1 full bathroom. 5140 16th Avenue S is currently listed for $359,900 and was received on February 16, 2026. Want to learn more about 5140 16th Avenue S? Do you have questions about finding other Single Family real estate for sale in Minneapolis? You can browse all Minneapolis real estate or contact a Coldwell Banker agent to request more information.