MLS# 6742176 - 344 16th Avenue NE Minneapolis, MN 55413

Own this completely stabilized NE MPLS Triplex with amazing cash flow in Minneapolis the heart of the NE Minneapolis Arts District! Great owner occupancy/investment opportunity! Classic turn of the century home is walkable to breweries, restaurants theater, parks and trails. Upper unit rents as single room occupancy with shared common areas, Month to Month leases with long term clients .High cash flow with low vacancy! **Monthly rent per unit: 2BR-$950/mo., 1BR-$850/mo., 4BR-$2340/mo.**
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Mortgage & Tax Calculator [Estimated]
Purchase Price ($):
Down Payment ($):
Down Payment (%):
Est. Best Interest Rate (%):
Term of Loan (Years):
Monthly Payment:
$1,633 + $409(tax)
Est. Monthly Total: $2,042
*does not include insurance and all numbers are estimated.
Summary
Type: RES | Residential Income - Triplex
Price: $345,000
$200/sf
$4,928,571/acre
Transaction: For Sale
Status: Pending
Contingencies: None
Agent Owned: No
Lender Owned: No
Square Footage: 1,729 sq ft
Lot Size: 0.07 acres
Year Built: 1900
Foundation: 900 sq ft
Garage: Yes
Stories: Two
New Construction: No
Listed at: Thu Jun 19 2025 5:00:00 AM
Listing Age: 25 days
School District: 1-Minneapolis | 612-668-0000
Neighborhoods: Sheridan
County: Hennepin
Home Details
In Home Details
Sq Ft Above Ground: 1,729 sq ft
Basement: Crawl Space, Partial
Construction Material: Wood Siding
Exterior
Siding: Wood Siding
Utilites
Water: City Water/Connected
Sewer: City Sewer/Connected
Heating: Forced Air, Space Heater, Natural Gas
Property Details
Garage: 1 spaces
Lot Dimensions: 25x118
Agent Owned: No
Others
School Information
District Number: 1-Minneapolis
District Phone: 612-668-0000
Financial Considerations
Tax Property ID: 1402924210015
Tax Amount: $4,911 for 2024
Listing Data
Listed Price: $345,000
Days on market: 18 days
First Listed at: Thu Jun 19 2025 5:00:00 AM
Last Updated at: Mon Jul 07 2025 8:46:04 PM
Total Days on Market: 55 days
Contingencies: None
Assessments: No
Foreclosure: No
Lender Owned: No
Special Notes
Present Use: Yearly
Public Survey
Range: 24
Section: 14
Township: 29

Edina Realty, Inc. is the brokerage office representing the owner for this listing.
© Copyright 2025, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Tiffany Mundfrom is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Tiffany Mundfrom, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at Jul 14 2025 2:45PM.

Own this completely stabilized NE MPLS Triplex with amazing cash flow in Minneapolis the heart of the NE Minneapolis Arts District! Great owner occupancy/investment opportunity! Classic turn of the century home is walkable to breweries, restaurants theater, parks and trails. Upper unit rents as single room occupancy with shared common areas, Month to Month leases with long term clients .High cash flow with low vacancy! **Monthly rent per unit: 2BR-$950/mo., 1BR-$850/mo., 4BR-$2340/mo.**

Edina Realty, Inc. is the brokerage office representing the owner for this listing.
© Copyright 2025, Regional Multiple Listing Service(RMLS) of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service(RMLS) of Minnesota, Inc distributed by MLS GRID. Real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers.
Tiffany Mundfrom is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Tiffany Mundfrom, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at Jul 14 2025 2:45PM.