2724 16th Ave S

$425,000
Price
6
Beds
2,760 Sq. Ft.
$154 / Sq. Ft.
2,760
Sq. Ft.
$154
per Sq. Ft.

Description

Discover the beauty of modern living in this fully renovated home. With over $200,000 invested in upgrades, this property boasts a newer roof, a fully replaced HVAC system, updated appliances, and a new water heater. Enjoy the comfort of new flooring, updated plumbing, and stylish new siding, windows, and doors. This turnkey home, upgraded inside and out, is a testament to meticulous craftsmanship. The property also serves as a smart investment, generating $4,000 monthly rental income, with tenants...Discover the beauty of modern living in this fully renovated home. With over $200,000 invested in upgrades, this property boasts a newer roof, a fully replaced HVAC system, updated appliances, and a new water heater. Enjoy the comfort of new flooring, updated plumbing, and stylish new siding, windows, and doors. This turnkey home, upgraded inside and out, is a testament to meticulous craftsmanship. The property also serves as a smart investment, generating $4,000 monthly rental income, with tenants covering all utilities except trash. Experience the blend of sophisticated living and potential returns in this exceptional property.

Property Details for 2724 16th Avenue South

Neighborhood
East Phillips
Zoning Jurisdiction
Residential-Single Family
LISTING UPDATED: 08/12/2025 05:05 AM

Property Details for 2724 16th Avenue South

StatusActive
MLS #6770600
Days on Compass129
Taxes$3,138 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1900
Lot Size0.12 AC / 5,227 SF
CountyHennepin County

Location

Listing Courtesy of Northstar Real Estate Associates
Add your commute

Building Information for 2724 16th Avenue South

Stories-Year Built1900Building Size-Lot Size0.12 AC / 5,227 SF

Payment Calculator

$2,362 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,100

Property Taxes

$262

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2724 16th Avenue South

Summary
Location and General Information
  • City Name: Minneapolis
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • Directions: 28th Street S on 16th Ave
  • Latitude: 44.9526851361
  • Longitude: -93.2515323183
  • Map Coordinate: 106-E4
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Minneapolis
  • City and Location Text: Minneapolis(MN)
  • Postal Code: 55407
  • State Or Province: MN
Taxes and HOA Information
  • Additional Parcels: No
  • Association Fee: $.00
  • Association: No
  • Parcel Number: 3502924410016
  • Tax Annual Amount: $3,138.00
  • Tax Legal Description: LOT 002 BLOCK 001 ABBOTTS ADDN TO MPLS
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2025
  • Tax With Assessments: 3371.0000
School Information
  • High School District: 1 - Minneapolis
  • School District Number: 1
  • School District Phone: 612-668-0000
Property
Lot Information
  • Above Grade Fin SQFT: 1840.0
  • Below Grade Fin SQFT: 920.0
  • SQFT Total: 2760.0
  • Lot Features: Public Transit (w/in 6 blks), Many Trees
  • Lot Size Area: 0.12
  • Lot Size Dimensions: 41x123
  • Lot Size Square Feet: 5227.2
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Attached: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • SQFT Main Total: 920.0000
  • Building Area Total: 2760.0
  • Above Grade SqFt Total: 1840.0000
  • Below Grade SqFt Total: 920.0000
Property and Assessments
  • Age Of Property: 125
Utilities
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: Doors 36"+
  • Fencing: Chain Link
  • Foundation Area: 920.0
  • Fuel: Natural Gas
  • Road Frontage Type: City Street, Paved Streets, Sidewalks
  • Roof: Asphalt
Interior Features
  • Appliances: Range, Refrigerator
  • Basement Type: Egress Window(s), Finished, Full
  • Bath Desc: Main Floor Full Bath,Upper Level Full Bath
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Bathrooms One Quarter: 0
  • Bathrooms Three Quarter: 0
  • Bathrooms Total Count: 2
  • Bedrooms Total: 6
  • Fireplaces Total: 0
  • Cooling: Central Air
  • Dining Room Description: Informal Dining Room
  • DP Resource: Y
  • Garage Square Feet: 348
  • Heating: Forced Air
  • Levels: Two
  • Room Type: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
  • Room List: Living Room, Dining Room, Family Room, Kitchen, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
  • Basement YN: Yes
Room Information
Room 1
  • Room Dimensions: 13x13
  • Room Level: Main
  • Room Type: Living Room
Room 2
  • Room Dimensions: 12x15
  • Room Level: Main
  • Room Type: Dining Room
Room 3
  • Room Dimensions: 8x15
  • Room Level: Main
  • Room Type: Family Room
Room 4
  • Room Dimensions: 16x15
  • Room Level: Main
  • Room Type: Kitchen
Room 5
  • Room Dimensions: 8x15
  • Room Level: Upper
  • Room Type: Bedroom 1
Room 6
  • Room Dimensions: 12x12
  • Room Level: Upper
  • Room Type: Bedroom 2
Room 7
  • Room Dimensions: 12x12
  • Room Level: Upper
  • Room Type: Bedroom 3
Room 8
  • Room Dimensions: 12x12
  • Room Level: Upper
  • Room Type: Bedroom 4

Property History for 2724 16th Avenue South

DateEvent & SourcePriceAppreciation
Aug 11, 2025

Price Change

NorthStar #6770600

$425,000—
Aug 11, 2025

Listed (Active)

NorthStar #6770600

—
Dec 1, 2023

Sold

NorthStar #6444022

$350,000—
Nov 30, 2023

Pending

NorthStar #6444022

—
Oct 5, 2023

Off Market

NorthStar #6370269

—
Oct 5, 2023

Listed (Active)

NorthStar #6444022

$349,900—
May 13, 2023

Listed (Active)

NorthStar #6370269

$395,000—
Dec 23, 2020

Sold (Public Record)

Public Record #688376595

$70,000

-85.0% / yr

Oct 9, 2020

Sold (Public Record)

Public Record #681420740

$103,300

+12.2% / yr

Dec 31, 2016

Off Market

NorthStar #4730049

—
Jun 17, 2016

Listed (Active)

NorthStar #4730049

$160,000—
Mar 27, 2016

Off Market

NorthStar #4657471

—
Oct 26, 2015

Listed (Active)

NorthStar #4657471

$125,000—
Dec 12, 2012

Off Market

Lake Superior Area REALTORS #1910012

$110,000—
May 24, 2012

Listed (Active)

Lake Superior Area REALTORS #1910012

$110,000—
Nov 10, 2008

Sold (Public Record)

Public Record #263255472

$26,132—
Oct 14, 2008

Sold (Public Record)

Public Record #263255473

$45,000—
Oct 14, 2008

Sold

Lake Superior Area REALTORS #1006339

$45,000—
Oct 8, 2008

Pending

Lake Superior Area REALTORS #1006339

—
Jul 1, 2008

Listed (Active)

Lake Superior Area REALTORS #1006339

$89,000—
DateEvent & SourcePrice
08/11/2025

Price Change

NorthStar #6770600

$425,000
08/11/2025

Listed (Active)

NorthStar #6770600

—
12/01/2023

Sold

NorthStar #6444022

$350,000
11/30/2023

Pending

NorthStar #6444022

—
10/05/2023

Off Market

NorthStar #6370269

—
10/05/2023

Listed (Active)

NorthStar #6444022

$349,900
05/13/2023

Listed (Active)

NorthStar #6370269

$395,000
12/23/2020

Sold (Public Record)

Public Record #688376595

$70,000

-85.0% / yr

10/09/2020

Sold (Public Record)

Public Record #681420740

$103,300

+12.2% / yr

12/31/2016

Off Market

NorthStar #4730049

—
06/17/2016

Listed (Active)

NorthStar #4730049

$160,000
03/27/2016

Off Market

NorthStar #4657471

—
10/26/2015

Listed (Active)

NorthStar #4657471

$125,000
12/12/2012

Off Market

Lake Superior Area REALTORS #1910012

$110,000
05/24/2012

Listed (Active)

Lake Superior Area REALTORS #1910012

$110,000
11/10/2008

Sold (Public Record)

Public Record #263255472

$26,132
10/14/2008

Sold (Public Record)

Public Record #263255473

$45,000
10/14/2008

Sold

Lake Superior Area REALTORS #1006339

$45,000
10/08/2008

Pending

Lake Superior Area REALTORS #1006339

—
07/01/2008

Listed (Active)

Lake Superior Area REALTORS #1006339

$89,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2724 16th Avenue South

Taxable ValueLand$56,000Additions$155,000Total$211,000
Tax Record2025$3,371 ($281 / month)
Home Facts
Beds6Baths1.5Total Finished SqFt1,966 SqFtAbove Grade Finished SqFt1,966 SqFtStories2Lot Size5,227 SqFtStyleSingle Family ResidenceYear Built1900ZoningR2BCountyHENNEPINAPN35-029-24-41-0016

Schools near 2724 16th Avenue South

This home is within Minneapolis Public School Dist..
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
Folwell Elementary
PublicPK to 5

Andersen Middle
Public6 to 8

South Senior High School
Public9 to 12

Hmong International Academy
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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2724 16th Avenue South is a single family home for sale in Minneapolis, MN 55407. This property was listed for sale on August 11, 2025 by Northstar Real Estate Associates, it's currently listed at $425,000. It has been on the market for a total of 129 days and was last sold on December 1, 2023. This listing's school district is Minneapolis Public School Dist.. Nearby schools include Folwell Elementary, Andersen Middle and South Senior High School. 2724 16th Avenue South is a 6-bed, 2-bath, 2,760 sqft single family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Northstar Real Estate Associates

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/19/2025 03:40 AM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.