$6,116 Closing Credit¹
#6672144, Listing Office: Coldwell Banker Realty
$650,000 List price
1016 Newton Ave N Minneapolis, MN 55411
$7,719
Closing credit¹
4,196 sqft
$155 / 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
- MLS Number: 6653644
- MLS Name: NORTHSTAR
- Office Name: RE/MAX Results
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$650,000
1016 Newton Ave N
$7,719
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
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. The majority of Minneapolis, MN residents have income less than $<35k annually. Residents typically live in single, no kids family. The most common level of education of people living 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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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 $650,000.
While more than 161 listings in Minneapolis, MN in January 2025 were sold above asking price, there were more than 152 listings sold at asking price, and more than 309 were sold below. The inventory of homes for sale in Minneapolis, MN between December and January 2025 decreased by 0.1%. The median list price of listings available in January 2025 was $350,000, while the average time on the real estate market was 47 days.
From Rocket Homes Real Estate and based on county public records data.