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Sold for $345,000
Sold for $345,000
344 16th Ave NE Minneapolis, MN 55413
$345,000
CLOSEDBeds
7
Baths
3
Sqft
1,729
Acres
0.07
Year
1900
Close Date
Oct 31, 2025
Property Type
Residential Income
Sub Type
Triplex
Per Square Foot
$200
Date Listed
Sep 2, 2025
Description of 344 16th Ave NE, Minneapolis, MN 55413
Listing details for 344 16th Ave NE, Minneapolis, MN 55413 : Own this completely stabilized NE MPLS Triplex with amazing cash flow in Minneapolis the heart of the NE Minneapolis Arts District! Great owner occupancy/investment opportunity! Classic turn of the century home is walkable to breweries, restaurants theater, parks and trails.
Upper unit rents as single room occupancy with shared common areas, Month to Month leases with long term clients .High cash flow with low vacancy! **Monthly rent per unit: 2BR-$950/mo., 1BR-$850/mo., 4BR-$2340/mo.**
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Listing Updated : 11-04-2026 at 12:39 AM CST
Property Details
Property Overview
Listing Price
$345,000
MLS #ID
6781332
Close Price
$345,000
Close Date
Oct 31, 2025
Bedrooms
7
Bathrooms
3
Square Footage
1,729
Acres
0.07
Year
1900
Days on Site
80 Days
Property Type
Residential Income
Property Sub Type
Triplex
Price per Sq Ft
$200
Date Listed
Sep 2, 2025
Location
Street Address
344 16th Ave NE
City
State
Minnesota
ZIP Code
County
Neighborhood / Subdivision
Driving Directions
University Ave. to 16th to property
Schools
School District
Home Specification
Bedrooms
7
Total Square Feet
1,729
Above Grade Square Feet
1,729
Construction / Architecture
Year Built
1900
Foundation
None
New Construction
No
Price per Sq Ft
$200
Lot Size (Acres)
0.07
Lot Dimensions
25x118
Interior Details
Fireplace
No
Heating
Forced Air and Space Heater
Cooling
None
Exterior Details
Garage
No
Garage Spaces
1
Exterior Features
Wood
Fencing
None
Waterfront
No
Water Source
City Water/Connected
Sewer
City Sewer/Connected
Taxes, HOA & Financing
Annual Property Tax
$4,911.00
HOA Fee Includes
None
Association Amenities
Coin-op Laundry Owned
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Properties displayed may be listed or sold by various participants in the MLS
Source
NorthstarMLS as distributed by MLS GRID, MLS#: 6781332
What's this home worth?
National portals guess with an algorithm. We price it from actual closed sales on your street.
Your home value estimate $314K – $391K
Exact number$2,845,000
Want an exact number? Use an Agent, not an algorithm.
Is this your home?
Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.
What's this home worth?
National portals guess with an algorithm. We price it from actual closed sales on your street.
Your home value estimate $314K – $391K
Exact number$2,845,000
Want an exact number? Use an Agent, not an algorithm.
Is this your home?
Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.
Property History
DateEventPrice
10/31/2025
Sold
$345,000
$200/sqft
Source:NorthstarMLS #NST6781332
NorthstarMLS #NST6781332 9/2/2025
Listed for sale
—
Source:NorthstarMLS #NST6781332
NorthstarMLS #NST6781332Location of 344 16th Ave NE, Minneapolis, MN 55413
Streetview of 344 16th Ave NE, Minneapolis, MN 55413
Mortgage Calculator
Schools Near 344 16th Ave NE, Minneapolis, MN 55413
What's this home worth?
National portals guess with an algorithm. We price it from actual closed sales on your street.
Your home value estimate $314K – $391K
Exact number$2,845,000
Want an exact number? Use an Agent, not an algorithm.
Is this your home?
Claim it to unlock a private owner dashboard, track your equity, and get a free monthly value report.
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Based on information submitted to the MLS GRID as of 2026-11-04. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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