#6693367, Listing office: RE/MAX Results
$625,000 List price
1016 Newton Ave N Minneapolis, MN 55411
4,196 sqft
$149 / sqft
Multi-Family
Property details
About 1016 Newton Ave N
Massive hard to find Cash flowing 4 unit building featuring 12 beds and 4 baths in Near North perfect for the owner occupier or investor alike. This building went through a significant remodel in 2020. All 4 units feature nice updated eat in kitchens with stone counter tops, 3 nice sized bedrooms, updated baths, and more. Each unit also has separate utilities and furnaces and there is a large parking area out back for off street parking.
Highlights
Home typeQuadruplex
HeatingForced Air
StatusActive
Size4,196 sqft
BasementYes
Year built1921
MLS #6653644
Summary
- Basement: Yes
- Heating: Forced Air
- List Price: $625,000
- Price/SqFt: $148
- Annual Tax Amount: $6,238
- Tax Year: 2023
- Directions: From HWY 55, north on Penn, right on oak park, property is on the right.
- Year Built: 1921
- Living Area: 4,196 SqFt
- MLS Number: 6653644
- MLS Name: NORTHSTAR
- Office Name: RE/MAX Results
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 26, 2020 | Home Sold | $192,500 |
| Jun 05, 2020 | Home Sold | $100,000 |
| Dec 29, 2010 | Home Sold | $115,000 |
| Jul 08, 2008 | Home Sold | $91,000 |
| Sep 10, 2004 | Home Sold | $350,000 |
| Jan 15, 2002 | Home Sold | $190,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $390,000 | $6,238 |
| 2022 | $411,000 | $6,617 |
| 2021 | $393,000 | $6,676 |
| 2020 | $374,500 | $6,117 |
| 2019 | $340,500 | $6,018 |
| 2018 | $288,500 | $5,236 |
| 2017 | $251,000 | $4,603 |
History based on county public records data.
Nearby schools
1
Bethune Elementary School
Public District PK-5
0.5 mi
•919 Emerson Ave N
1
Hall International
Public Magnet PK-5
0.9 mi
•1601 Aldrich Ave N
4
Twin Cities International Schools
Public Charter KG-4
1.1 mi
•277 12th Ave N
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $25,067. Most Minneapolis, MN residents have annual incomes less than $<35k. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
64%
<35k
34%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
38%
Single, No Kids
36%
Single, with Kids
8%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
26%
<11 yrs old
13%
12-17 yrs old
27%
18-34 yrs old
28%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
Foot Locker
Ross Dress For Less
Burlington
Where do the neighbors go to eat?
Little Caesars
Jack In The Box
White Castle
What do the neighbors drive?
Dodge
Nissan
Kia
What do the neighbors listen to?
Urban Adult Contemporary
Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1016 Newton Ave N
The listing price of 1016 Newton Ave N property is $625,000.
The property 1016 Newton Ave N is a multi located in Minneapolis, Minnesota, 55411.
Active Listing: 1016 Newton Ave N is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1016 Newton Ave N are: Bethune Elementary School (GreatSchools Rating 1/10), Hall International (GreatSchools Rating 1/10), Twin Cities International Schools (GreatSchools Rating 4/10), Best Academy (GreatSchools Rating 4/10), Banaadir Academy (GreatSchools Rating 6/10), Franklin Middle School (GreatSchools Rating 1/10), North High School (GreatSchools Rating 3/10), Banaadir Secondary School (GreatSchools Rating 2/10), Minneapolis on Line Learning (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $6,238 (source: MLS/based on county public records data).
The last sale was on June 26, 2020 for $192,500 (source: MLS/tax record).
The property 1016 Newton Ave N is 4,196 SqFt (source: MLS/tax record).
The year of construction for 1016 Newton Ave N is 1921.
This home is located at 1016 Newton Ave N in Minneapolis, MN and zip code 55411 in the Oak Park neighborhood. This 4,196 square foot home was built in 1921. Features: 0 bathroom. It has been listed on Rocket Homes since February 14, 2025 and is currently priced at $625,000.
Minneapolis, MN housing market in June 2025 saw over 634 listings sold above listed price, more than 245 sold at listed price and over 363 sold below. Between May and June 2025, Minneapolis, MN real estate market has seen increase in the number of listings by 3.4%. In June 2025, listings were on the market for 23 days. During the same period, the median list price in this real estate market was $359,091.
From Rocket Homes Real Estate and based on county public records data.