$340,000

2909 16th Ave S Minneapolis, MN 55407

$4,038
Closing credit¹
2,016 sqft
$169 / sqft
Multi-Family

Property details

About 2909 16th Ave S

Check out this beautifully updated up-and-down duplex in South Minneapolis! The upper unit has been completely remodeled with a brand-new kitchen, bathroom, doors, and refinished hardwood floors. The lower unit, while not as recently updated, is occupied by a long-term tenant paying $1,650 per month on a month-to-month lease (60-day notice required). Each unit has separate mechanicals, ensuring convenience for both owner-occupants and investors. With six total bedrooms, this property offers a fantastic opportunity to generate rental income or live in one unit while renting out the other!

Highlights

Home typeDuplex
HeatingForced Air
StatusActive
Size2,016 sqft
BasementYes
Year built1920
ParkingDetached
MLS #6673821
Garage2 spaces

Virtual tour

Summary

  • MLS Number: 6673821
  • MLS Name: NORTHSTAR
  • Office Name: Ravenswood Realty

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Last updated on: 2/21/2025, 11:52:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

traditional style home with fence private yard, entry steps, and stucco siding

$340,000

2909 16th Ave S

$4,038

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Nov 04, 2009
Home Sold
$64,000
Dec 31, 2008
Home Sold
$190,813
Dec 23, 2005
Home Sold
$249,900
Mar 02, 1999
Home Sold
$53,500

Tax history

YearAssessmentProperty Tax
2023$297,000$4,987
2022$292,000$4,945
2021$262,000$4,702
2020$262,000$4,540
2019$252,000$4,454
2018$213,500$3,875
2017$179,500$3,291

History based on county public records data.

Nearby schools

2

Aurora Charter School

Public Charter PK-4

0.6 mi

2101 E 26th St

1

Skyline Math and Science Academy

Public Charter KG-6

0.8 mi

2600 26th Ave S Ste 100

2

Minnesota Transitions Charter Elementary School

Public Charter KG-6

1.0 mi

2526 27th Ave S

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $42,200. The most common annual income of people living in Minneapolis, MN is between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

46%
<35k
52%
35k-100k
2%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

44%
Single, No Kids
26%
Single, with Kids
12%
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
6%
12-17 yrs old
36%
18-34 yrs old
28%
35-64 yrs old
4%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • White CastleWhite Castle
  • PopeyesPopeyes

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • NissanNissan

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 2909 16th Ave S in Minneapolis, MN and zip code 55407 in the Phillips neighborhood. This 2,016 square foot home was built in 1920. Features: 0 bathroom. It has been listed on Rocket Homes since February 20, 2025 and is currently priced at $340,000.

Over 161 listings were sold over their listed price in January 2025 in Minneapolis, MN. In the same period over 309 listings were sold below the listed price and 152 listings were sold for the listed price. The number of listings in Minneapolis, MN decreased by 0.1% between December and January 2025. 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.

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