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Closed
  • $223,000

    2642 16th Ave S, Minneapolis, MN 55407

    4beds
    2baths
    2,310sqft
    Duplex Up and Down
    Built in 1900
    -- sqft lot
    $295,500 Zestimate®
    $97/sqft
    $1,693 Estimated rent

    Home value

    $295,500

    $269,000 - $322,000

    $1,693/mo

    Zestimate® history
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    $1,693/mo

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    $1,351/mo

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    $1,351/mo

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    What's special

    Here is your chance to owner occupy an affordable up/down duplex in the East Phillips area of Minneapolis! The upper unit is occupied with month-to-month tenants and the lower unit is ready for you to move in! Both units have 2 bedrooms, 1 bath, a living room, eat-in kitchen, hardwood floors and a 3-season porch. The lower unit also has a mudroom and access to the basement with the laundry. Upper unit is plumbed for a washer/dryer combo but currently there is not one in the unit. Insurance just approved a new roof as of 12/8/23! This home also has a new boiler, windows that have been replaced through the Mpls. lead abatement program and a current rental license. All items on the Truth-In-Housing have been addressed and all and all permits closed. 1st showing is ONLY for lower unit. If buyer is interested, you will schedule a 2nd showing for the upper unit with a 24-hour notice to the tenants. No exceptions. Taxes are $4250.35. Seller will pay off all tax assessments at closing.

    Zillow last checked: 8 hours ago

    Listing updated: March 25, 2025 at 10:24pm

    Listed by:

    Mary Sue McMahon Bramsen 612-816-0991,

    RE/MAX Results

    Bought with:

    Donnell Gresham

    Exit Realty Nexus

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6443423MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Boiler
    Features
    • Basement: Full,Storage Space,Unfinished
    Interior area
    • Total structure area: 2,310
    • Total interior livable area: 2,310 sqft
    • Finished area above ground: 1,758
    • Finished area below ground: 0

    Property

    Parking
    • Total spaces: 1
    • Parking features: Detached, Asphalt, Concrete, Shared Driveway, Unassigned
    • Garage spaces: 1
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Patio & porch: Enclosed, Porch
    • Fencing: Partial
    Lot
    • Size: 6,969 sqft
    • Dimensions: 55 x 123.5
    • Features: Near Public Transit
    Details
    • Foundation area: 1038
    • Parcel number: 3502924410258
    • Zoning description: Residential-Multi-Family,Other

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex Up and Down
    Materials
    • Brick/Stone, Wood Siding
    • Roof: Age Over 8 Years,Asphalt
    Condition
    • Age of Property: 125
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & neighborhood

    Location
    • Region: Minneapolis
    • Subdivision: Sylvester Mills Add

    Other

    Other facts
    • Road surface type: Paved

    Price history

    DateEventPrice
    3/15/2024Sold$223,000-18.9%$97/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6443423 Report a problem
    1/15/2024Price change$274,900-1.8%$119/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6443423 Report a problem
    1/10/2024Pending sale$280,000$121/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6443423 Report a problem
    12/9/2023Listed for sale$280,000+79900%$121/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6443423 Report a problem
    3/27/1997Sold$350
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,106 -29.2%$241,700 -13.7%
    2024$7,212 -8.7%$280,000 +1.4%
    2023$7,901 +3%$276,000 +4.5%

    Find assessor info on the county website

    Neighborhood: East Phillips

    Nearby schools

    GreatSchools rating
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    Estimated market value$295,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $295,500