$425,000
Minneapolis, MN 55411
MLS# 7045285
8 beds | 4 baths | 6592 sqft
1 / 21
Property Description
Exceptional investment opportunity in Minneapolis! This large four-plex offers the perfect blend of classic charm, strong rental potential, and long-term upside. Each of the four units features 2 bedrooms and 1 bathroom, with spacious layouts that include tall ceilings, generously sized rooms, and large closets—making them highly desirable for tenants. Throughout the property, you’ll find beautiful original woodwork, including hardwood floors, detailed trim, and built-ins that add timeless character and appeal. Large windows in every unit bring in abundant natural light, creating bright and inviting living spaces. The property also includes coin-operated laundry in the basement for additional income, a large garage for tenant convenience or added rental value, and sits on a prominent corner lot. Whether you’re looking to expand your portfolio, generate strong cash flow, or house hack by owner-occupying one unit while renting out the other three, this property offers incredible flexibility and income potential. Opportunities like this don’t come around often—don’t miss your chance to own a high-performing multi-family asset!
Details
Maps
Contract Information
Owner is an Agent?: No
Auction?: No
Status: Active
Contingency: None
Current Price: $425,000
Original List Price: 425000
ListPrice: 425000
List Date: 2026-03-31
Office/Member Info
Association: MAAR
General Property Information
Lot Measurement: Acres
Multiple PIDs?: No
Owner Occupied: Yes
Waterfront Present: No
Year Built: 1900
Yearly/Seasonal: Yearly
Zoning: Residential-Multi-Family
Lot Dimensions: 157 x 110
Acres: 0.39
Main Floor Total SqFt: 0
Below Grd Total SqFt: 0
Above Ground SqFt: 6592
Total Finished Sqft: 6592.00
Foundation Size: 3296
Style: (MF) Four Plex
Garage Stalls: 2
Assessment Pending: Unknown
Bedrooms: 8
Baths Total: 4
Total SqFt: 6592
Location, Tax and Other Information
Legal Description: Lees Subdivision of Block 40 Sherb & Beebes Block 003 lots 5 and 6
Listing City: Minneapolis
Map Page: 106
Municipality: Minneapolis
School District: Minneapolis
School District Phone: 612-668-0000
Country: US
Zip Plus 4: 3254
Property ID Number: 1602924410055
Tax Year: 2025
Tax Amount: 1580.88
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No
Directions & Remarks
Public Remarks: Exceptional investment opportunity in Minneapolis! This large four-plex offers the perfect blend of classic charm, strong rental potential, and long-term upside. Each of the four units features 2 bedrooms and 1 bathroom, with spacious layouts that include tall ceilings, generously sized rooms, and large closets—making them highly desirable for tenants.
Throughout the property, you’ll find beautiful original woodwork, including hardwood floors, detailed trim, and built-ins that add timeless character and appeal. Large windows in every unit bring in abundant natural light, creating bright and inviting living spaces. The property also includes coin-operated laundry in the basement for additional income, a large garage for tenant convenience or added rental value, and sits on a prominent corner lot. Whether you’re looking to expand your portfolio, generate strong cash flow, or house hack by owner-occupying one unit while renting out the other three, this property offers incredible flexibility and income potential. Opportunities like this don’t come around often—don’t miss your chance to own a high-performing multi-family asset!
Directions: I-94 to 7th/Olson Mem ramp, take 7th west/north to Plymouth R to Dupont L to 16th, R 1 blk
Accessible
None: 1
Amenities Shared
None: 1
Assessments
Assessment Balance: 0
Tax With Assessments: 1580.88
Basement
Full: 1
Building Information
Finished SqFt Above Ground: 6592
Construction Status
Previously Owned: 1
Exterior
Stucco: 1
Wood: 1
Fencing
Chain Link: 1
Foundation
Other: 1
Fuel
Natural Gas: 1
Heating
Hot Water: 1
Lease Details
Land Leased: Not Applicable
Lot Description
Corner Lot: 1
Public Transit (w/in 6 blks): 1
Tree Coverage - Medium: 1
Miscellaneous Information
DP Resource: Yes
Homestead: No
Owner Pays
Lawn: 1
Maintenance/Repair: 1
Snow Removal: 1
Taxes: 1
Trash Collection: 1
Ownership
Fractional Ownership: No
Parking Characteristics
Garage Door Opener: 1
Pool Description
None: 1
Road Frontage
City Street: 1
Curbs: 1
Paved Streets: 1
Sidewalks: 1
Roof
Age Over 8 Years: 1
Flat: 1
Rubber: 1
Sewer
City Sewer/Connected: 1
Shared Rooms
Other: 1
Stories
Two: 1
Unit 1
Furnished?: No
Leased?: No
Unit Number: 1
Full Baths: 1
Total Rooms: 7
Finished SqFt: 1648
No. of Units Like This: 2
Oth Parking Spaces: 1
Total Baths: 1
Total Bedrooms: 2
Unit Details
Total Units: 4
Water
City Water/Connected: 1
Income and Expenses
Annual Caretaker Expense: 0
Annual Electric Expense: 0
Annual Fuel Expense: 0
Annual Gross Expenses: 0
Annual Gross Income: 0
Annual Insurance Expense: 0
Annual Maintenance Expense: 0
Annual Net Income: 0
Annual Repair Expense: 0
Annual Trash Expense: 0
Annual Water/Sewer Expense: 0
Total Annual Expenses: 0
No. of Ranges
Four: 1
No. of Refrigerators
Four: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Fuel: 1
Unit 1 Amenities
Balcony: 1
Hardwood Floors: 1
Kitchen Window: 1
Natural Woodwork: 1
Washer/Dryer Hookup: 1
Unit 1 Appliances
Range: 1
Refrigerator: 1
Unit 1 Bath Description
Main Floor Full Bath: 1
Unit 1 Cooling
None: 1
Unit 1 Dining Room Description
Eat In Kitchen: 1
Separate/Formal Dining Rm: 1
Unit 2
Furnished?: No
Leased?: No
Unit Number: 2
Finished SqFt: 1648
Full Baths: 1
No. of Units Like This: 2
Oth Parking Spaces: 1
Total Baths: 1
Total Bedrooms: 2
Total Rooms: 8
Unit 2 Amenities
Hardwood Floors: 1
Kitchen Window: 1
Natural Woodwork: 1
Porch: 1
Washer/Dryer Hookup: 1
Unit 2 Bath Description
Main Floor Full Bath: 1
Unit 2 Cooling
None: 1
Unit 2 Dining Room Description
Eat In Kitchen: 1
Separate/Formal Dining Rm: 1
Location Tax and Other Information
House Number: 900
Street Name: 16th
Street Suffix: Avenue
Street Direction Suffix: N
Postal City: Minneapolis
County: Hennepin
State: MN
Zip Code: 55411
Property Features
Accessible: None
Amenities Shared: None
Basement: Full
Construction Status: Previously Owned
Exterior: Stucco; Wood
Fencing: Chain Link
Foundation: Other
Fuel: Natural Gas
Heating: Hot Water
Lot Description: Corner Lot; Public Transit (w/in 6 blks); Tree Coverage - Medium
Owner Pays: Lawn; Maintenance/Repair; Snow Removal; Taxes; Trash Collection
Parking Characteristics: Garage Door Opener
Pool Description: None
Road Frontage: City Street; Curbs; Paved Streets; Sidewalks
Roof: Age Over 8 Years; Flat; Rubber
Sewer: City Sewer/Connected
Shared Rooms: Other
Stories: Two
Tenant Pays: Cable TV; Electricity; Fuel
Unit 1 Amenities: Balcony; Hardwood Floors; Kitchen Window; Natural Woodwork; Washer/Dryer Hookup
Unit 1 Appliances: Range; Refrigerator
Unit 1 Bath Description: Main Floor Full Bath
Unit 1 Cooling: None
Unit 1 Dining Room Description: Eat In Kitchen; Separate/Formal Dining Rm
Unit 2 Amenities: Hardwood Floors; Kitchen Window; Natural Woodwork; Porch; Washer/Dryer Hookup
Unit 2 Bath Description: Main Floor Full Bath
Unit 2 Cooling: None
Unit 2 Dining Room Description: Eat In Kitchen; Separate/Formal Dining Rm
Water: City Water/Connected
Listing Office: Coldwell Banker Realty - Lakes
Last Updated: April - 02 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.