Lori Gustafson

3025 16th Avenue S

Minneapolis, MN
$ 300,000 Beds 2 Baths 2 Sq 1,632
Monthly Estimate* How much can I afford?

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

Single Family

  • Price
  • $ 300,000
  • City
  • Minneapolis
  • Bedrooms
  • 2
  • Full Bathrooms
  • 2
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • Powder Horn Park Add
  • Lot Size
  • 0.12 Acres
  • Zip
  • 55407
  • Sqr Footage
  • 1,632
  • Year Built
  • 1916
  • Taxes
  • $ 4796
  • Style
  • Single Family
  • MLS#
  • 7056933
Listed By: Compass
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1632
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Asphalt
Appliances Dishwasher,Range,Refrigerator
Pool Features None
Year Built 1916
Levels Two
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Hennepin
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Powder Horn Park Add
Full Baths 2
Directions Hwy 55 N,W onto E Lake St,s onto 16th Ave S.
City Minneapolis
High School District Minneapolis
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 4796.1
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s),Hardwood Floors,Kitchen Window,Natural Woodwork,Patio,Paneled Doors,Porch,Tile Floors,Washer/Dryer Hookup
PostalCity Minneapolis

Interior Features

Basement Daylight/Lookout Windows,Finished,Full
Total Fireplaces 1
Fireplace Features Gas,Living Room
Basement (Y/N) Yes
Fireplace Y/N Yes
Above Grade Finished Area 1192
Total Bedrooms 2
Below Grade Finished Area 440
Total Baths 2
Bath Desc Full Basement,Upper Level Full Bath
Dining Room Description Informal Dining Room,Living/Dining Room
Fuel Natural Gas

Exterior Features

Fencing Full,Privacy,Wood
Parking Features Other
Lot Features Public Transit (w/in 6 blks),Tree Coverage - Light
Water Source City Water/Connected
Lot Size Area 0.12
Building Area Total 1798
Lot Dimensions 41x122
Waterfront Y/N No
Foundation Area 606
Road Frontage Type City Street,Curbs,Paved Streets,Sidewalks
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Faribault, MN office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

4/21/2026 Listed $325,000
6/2/2026 5% - $310,000
7/13/2026 4% - $300,000

Property vs Zip Code Average in 55407

Price
AVG $290K
$300K
Taxes
AVG $4,067
$4,796
Year Built
AVG 1941
1916
Visits
AVG 125
402
Data Provided by Inside Real Estate®

Areas That We Cover

3025 16th Avenue S Minneapolis, MN is a Single Family Home for sale at $300000 with 1632 sqft and a lot size of 0.12 Acres Acre(s). 3025 16th Avenue S Minneapolis has 2 bedrooms, 2 baths and was built in 1916. The property's zip code is 55407 which is in Minneapolis, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Lori Gustafson

Lori Gustafson

Broker Associate/Sales Agent

507-323-4348

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