#6750426, Listing office: Coldwell Banker Realty
$150,000 List price
4106 16th Ave S Minneapolis, MN 55407
Land
Property details
About 4106 16th Ave S
Prime Redevelopment Opportunity in South Minneapolis! Unlock the potential of this residential lot nestled in the heart of the Bancroft neighborhood. Located at 4106 16th Avenue S, this rare offering is ideal for a multi-family or mixed-use development. Adjacent lot is also available! Highlights: - Architectural plans available for a 24-unit apartment building (using both lots) - Zoned Residential-Multi-Family & Single Family - Lot dimensions: 48 x 121 ft - Topography: Level with light tree coverage - Additional structure: Detached garage on site Convenient Urban Location: - Just blocks from public transit, shops, and restaurants - Easy access to I-35W, 42nd Street, and Lake Street - Minutes from Powderhorn Park, Minnehaha Parkway, and Downtown Minneapolis Whether you're a developer, investor, or visionary builder, this site offers a canvas for your next signature project in one of Minneapolis' most vibrant communities.
Highlights
Home typeOther
StatusActive
MLS #6750393
Summary
- List Price: $150,000
- HOA Amount: $0
- Annual Tax Amount: $1,537
- Tax Year: 2023
- Lot: Few Trees
- Directions: National Interstate Highway 35W to 46th Street Exit. North to 42nd Street. East to 16th. North to lot.
- MLS Number: 6750393
- MLS Name: NORTHSTAR
- Office Name: Coldwell Banker Realty
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 01, 2024 | Home Sold | $174,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $118,000 | $1,537 |
| 2022 | $96,000 | $1,261 |
| 2021 | $86,900 | $1,204 |
| 2020 | $51,000 | $682 |
| 2019 | $51,000 | $845 |
| 2018 | $51,000 | $871 |
| 2017 | $46,600 | $813 |
History based on county public records data.
Nearby schools
4
Bancroft Elementary School
Public Magnet PK-5
0.4 mi
•3829 13th Ave S
1
Hiawatha Leadership Acdy-Northrop
Public Charter KG-4
0.6 mi
•1611 E 46th St
6
Northrop Community School
Public District KG-5
1.2 mi
•4315 31st Ave S
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 $45,455. Most Minneapolis, MN residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. Residents of this area typically have post secondary degree education.
How much money do the neighbors make?
31%
<35k
65%
35k-100k
4%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
65%
Single, No Kids
11%
Single, with Kids
12%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
5%
12-17 yrs old
30%
18-34 yrs old
42%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Men's Tennis- Tennis
Music Concerts
Where do the neighbors shop?
Nordstrom Rack
Crate & Barrel
H&M
Where do the neighbors go to eat?
The Cheesecake Factory
Starbucks
Chipotle
What do the neighbors drive?
Volvo
BMW
Volkswagen
What do the neighbors listen to?
News
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 4106 16th Ave S
The listing price of 4106 16th Ave S property is $150,000.
The property 4106 16th Ave S is land located in Minneapolis, Minnesota, 55407.
Active Listing: 4106 16th Ave S is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 4106 16th Ave S are: Bancroft Elementary School (GreatSchools Rating 4/10), Hiawatha Leadership Acdy-Northrop (GreatSchools Rating 1/10), Northrop Community School (GreatSchools Rating 6/10), Hiawatha College Preparatory - Northrop (GreatSchools Rating 2/10), Southside Family Charter School (GreatSchools Rating 5/10), Friendship Academy of Arts - Interm (GreatSchools Rating 1/10), El Colegio Charter School (GreatSchools Rating 1/10), Roosevelt Senior High School (GreatSchools Rating 4/10), Roosevelt High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2023 is $1,537 (source: MLS/based on county public records data).
The last sale was on March 1, 2024 for $174,000 (source: MLS/tax record).
This home is located at 4106 16th Ave S in Minneapolis, MN and zip code 55407 in the Bancroft neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 7, 2025 and is currently priced at $150,000.
In June 2025 more than 634 listings in Minneapolis, MN were sold above the asking price. During the same period more than 245 listings were sold at asking price, while more than 363 were sold below. The inventory of homes for sale in Minneapolis, MN between May and June 2025 increased by 3.4%. While the average time on the market in June 2025 was 23 days, the median list price was $359,091.
From Rocket Homes Real Estate and based on county public records data.