23 days on rocket

Sale Pending

3346 16th Ave S, Minneapolis, MN, 55407

$425,000

Home List Price

$5,047*

Closing Credit

0 Baths
2,146 SqFt
$198/SqFt
Multi
Schools Nearby

Location

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3346 16th Ave S, Minneapolis$425,000

Buyer Closing Credits

$5,047*

1.25% Loan Amount

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Property Highlights

Home TypeDuplex
Garage2 spaces
Year Built1909
HeatingHot Water
BasementYes
MLS #6509727
StatusSale Pending
(Pending)

About 3346 16th Ave S

Welcome to this delightful duplex located just two blocks from Powderhorn Park! Nestled in a walkable and bikeable neighborhood, this property offers a perfect blend of character and modern updates. The main living areas boast stunning hardwood floors with handsome inlays, adding warmth and charm. Large windows throughout the home flood the space with natural sunlight. Well-maintained and updated with replacement windows, siding, electrical, plumbing, a new water heater, a coin operated washing machine, and so much more! The main floor unit has a third, non-conforming bedroom —ideal for guests, a home office, or flex space. The huge unfinished attic could easily be a giant upper unit expansion or built out into its own unit to make the building a triplex. Outside, the yard is a true oasis for green thumbs, featuring southern exposure for optimal sunlight. The tandem two car garage provides ample room for vehicles, bikes, gardening supplies and more!

Property Details

Property Features

Property Information:

  • Year Built: 1909
  • Living Area: 2,146 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Garage Space: 2 spaces

Utilities

Utilities Information:

  • Heating: Hot Water

School Info

Assigned Schools Information:

  • South High School, Public District Grades 9-12

Other

Directions Information:

  • Directions: Cedar Ave to E 33rd St to 16th Ave S

Price Information

Listing Price Info

Price Summary:

  • List Price: $425,000
  • Price Per SqFt: $198/SqFt

Tax Information:

  • Annual Amount: $4,808
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

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Minneapolis, MN

City

Med. Sold Price

$341.2K

Med. Price/SqFt

$201

Avg. Days On Market

38

# of Sold Homes

862

3346 16th Ave S vs Minneapolis

23 DAYS ON ROCKET

-15 Days

$425,000

+$83.7K More

$198/SqFt

-$4 Less

KEY TAKEAWAY

This property is $83.7K more than the Median Sold Price and $4/SqFt less than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6509727

Listing Office:

  • Office Name: Coldwell Banker Realty

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 5:22:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$4,808$294,000
2019$4,995$282,500
2018$4,667$257,000
2017$4,343$223,500

History based on county public records data.

Payment Calculator

$2,189

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,341

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

High School

school-card-donut-3251169
6
/10

  • South High School

  • 3131 19th Ave S

  • 0.47 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $33,971. Typical income of Minneapolis, MN residents is less than $35k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55407›3346 16th Ave S

This home is located at 3346 16th Ave S in Minneapolis, MN and zip code 55407 in the Powderhorn neighborhood. This 2,146 square foot home was built in 1909. It has been listed on Rocket Homes since April 06, 2024 and is currently priced at $425,000.

In March 2024, from all listings sold in Minneapolis, MN there were more than 380 sold above asking price, over 317 sold below and more than 165 were sold right at the asked price. The number of listings in Minneapolis, MN increased by 15.5% between February 2024 and March 2024. While the average time on the market in March 2024 was 38 days, the median list price was $341,287.

From Rocket Homes Real Estate and based on county public records data.

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