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3025 16th Ave S, Minneapolis, MN, 55407

2beds
2baths
1,798sqft
$300,000
$167price/sqft
$2,307/moest. monthly cost
$92,280/yrincome needed

About This Home

Charming and well maintained home in a convenient Minneapolis location. This property offers a functional layout with spacious living areas, great natural light, and solid overall condition. Features a comfortable main living space, and a layout that offers flexibility for both owner occupants or investors. The home sits on a nice lot that is close to parks, restaurants, and major highways for easy access throughout the city. A great opportunity to own at an affordable price point with room to add value over time

Getting Around

89
WalkingVery Walkable
60
TransitGood Transit
99
BikeBiker's Paradise

Schools

--
Andersen CommunityGrades PK-80.6 mi
6/10
South Senior High SchoolGrades 9-120.4 mi
6/10

Construction

Condition

  • Year built: 1916

Materials

  • Roof: Asphalt

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family

Interior

Appliances

  • Appliances included: Dishwasher,Range,Refrigerator

Basement

  • Has basement: Yes
  • Basement: Daylight,Finished,Full

Bedroom

  • Level: Upper
  • Area: 172.8
  • Dimensions: 16x10.8

Bedroom2

  • Level: Upper
  • Area: 145.08
  • Dimensions: 12.4x11.7

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Bonus Room

  • Level: Lower
  • Area: 29.89
  • Dimensions: 6.10x4.9

Dining Room

  • Level: Main
  • Area: 175.56
  • Dimensions: 13.3x13.2

Features

  • Number of fireplaces: 1
  • Fireplace features: Gas,Living Room
  • Fireplace: Yes
  • Finished area below ground: 440
  • Finished area above ground: 1,192

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,798
  • Total interior livable area: 1,798 sqft

Kitchen

  • Level: Main
  • Area: 166.1
  • Dimensions: 15.10x11

Living Room

  • Level: Main
  • Area: 235.44
  • Dimensions: 21.8x10.8

Porch

  • Level: Main
  • Area: 128.48
  • Dimensions: 17.6x7.3

Recreation Room

  • Level: Lower
  • Area: 470.85
  • Dimensions: 21.9x21.5

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 0202824110153
  • Zoning description: Residential-Single Family
  • Foundation area: 606

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None
  • Patio & porch: Front Porch,Patio
  • Fencing: Full,Privacy,Wood

Lot

  • Lot size: 5,227 sqft
  • Features: Near Public Transit,Tree Coverage - Light
  • Lot size dimensions: 41 x 122

Parking

  • Parking features: Other

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Tornado
    TornadoRelatively High
  • Hail
    HailModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Heat Wave
Tornado
Hail
Winter Weather

FEMA Declared Disasters in Hennepin County and Minnesota

Flood
Severe Storm
Straight Line Winds

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,516$18,192
Home Insurance *$204$2,448
Property Taxes $417$5,004
Electricity $170$2,050
Total$2,307$27,684
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$79,097/yr
40% on housing$69,210/yr
45% on housing$61,520/yr

Minnesota FAIR Plan Programs

Minnesota FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 4,160Commercial: 101
Total Premiums$4.54M
Total Exposure$457.44M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 2.7%
2.7%
0%15.0%
Property Taxes Growth Rate2-year average: 0.2%
0.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$167This listing

vs Other Active Listings

Avg $/sqft

ZIP 55407$128
Hennepin County$211

vs Homes Sold Last Month

Median $/sqft

ZIP 55407$218
Hennepin County$207

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-24Listed for sale$325,000
2024-01-05Sold$296,000
2023-10-03Sold$296,000
2023-09-14Pending sale$299,000
2023-08-15Price change$299,000
2023-06-23Listed for sale$319,000
2019-06-27Sold$267,800
2019-05-24Pending sale$269,900
2019-03-22Listed for sale$269,900
2018-07-20Sold$172,500
2011-03-24Sold$86,000
2010-05-06Sold$53,000

For Sale by Agent

AgentJado Hark
BrokerageCompass

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