Tom Engel - Managing Broker

Tom Engel - Managing Broker

(763) 416-2423



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900 16th Avenue N, Minneapolis, MN 55411

$425,000
SQUARE FEET 6,592
MLS# 7045285
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Tom Engel - Managing Broker

Tom Engel - Managing Broker
Call: (763) 416-2423

STATUS: Pending
PROPERTY TYPE: Multi Unit - Multiple
SCHOOL: Minneapolis
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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!

900 16th Avenue N | MLS# 7045285

This multi-family property located at 900 16th Avenue N, Minneapolis, MN 55411 is currently listed for sale with an asking price of $425,000. 16th Avenue N is located within the Minneapolis school district. Search Minneapolis real estate on tengel.counselorrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Daylight/Lookout Windows, Full
Garage: 2
Heating: Hot Water
Lot Size: 0.39 Acres
Roof Type: Age Over 8 Years, Flat, Rubber
Taxes: $1,580
Year Built: 1900

Feature Descriptions

Days on Site: 24
Foundation Size: 3296
Lot: Public Transit (w/in 6 blks), Corner Lot, Tree Coverage - Medium
Lot Dimensions: 157 x 110
Owners Expense: Grounds Care, Repairs, Snow Removal, Taxes, Trash Collection
Parcel#: 1602924410055
Parking: Detached Garage, Asphalt, Concrete, Garage Door Opener
Road Frontage: City Street, Curbs, Paved Streets, Sidewalks
Sewer: City Sewer/Connected
Shared Rooms: Other
Tenant Expenses: Cable TV, Electricity, Fuel
Units: 4
Water: City Water/Connected

Local Schools

School District: Minneapolis

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Realty - Lakes
Agency Phone: 612-920-5605

Shown By

Agent Name: Tom Engel - Managing Broker
Agent Phone: (763) 416-2423
Agency Title: Counselor Realty

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$ 2,517.65 per month $2,262.03 Principal & Interest $131.67 Property Tax $123.96 Homeowner's Insurance

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Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.

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