Lori Gustafson

4329 16th Avenue S

Minneapolis, MN
$ 340,000 Beds 3 Baths 1 Sq 1,477
Monthly Estimate* How much can I afford?

Welcome to this charming 1953 gem located in the heart of Minneapolis' desirable Northrop neighborhood. Cherished by the original owners for 73 years, this well-loved, pet-free and smoke-free home is filled with character, wonderful memories and exciting possibilities for its next chapter. The flowing main level features a spacious living room with a formal dining area, creating an inviting setting for entertaining. Three versatile bedrooms provide plenty of flexibility for sleeping spaces, guests, or a home office. The sparkling full bathroom features a tiled floor and decorative wall tile to compliment, while the kitchen offers a practical, efficient layout. An adjacent informal dining area is perfect for everyday meals and overlooks the deep backyard. Original hardwood floors extend throughout much of the main level, and freshly painted neutral walls provide a welcoming backdrop for your personal style. Downstairs, the spacious lower level was designed for relaxed living and casual entertaining. Classic knotty-pine walls create a cozy "up north" atmosphere that invites you to settle in and stay awhile. The generous amusement room offers space for comfortable seating and movie nights, along with room for a billiards or game table. A charming dry bar adds vintage appeal and includes a clever pass-through that can be closed when the bar is not open for business. Vinyl flooring throughout much of the lower level makes cleanup easy. The lower level also includes a large unfinished mechanical and storage area with potential for future expansion, plus a dedicated laundry room with a convenient utility sink and generous folding counter. Set on a prime, deep, flat and partially fenced lot, this property offers abundant outdoor space for gardening, recreation or simply relaxing. The oversized one-car garage includes a convenient service door, and the spacious driveway has been freshly seal coated. Significant 2023 improvements include new roofs on both the house and garage, replacement of the front and back steps and sidewalk, and installation of a lateral sewer liner. The location is hard to beat. Walk to Sift Gluten Free Bakery, Lunds & Byerly's, Carbone's, neighborhood coffee shops and the beloved Italian Eatery. Lake Hiawatha, Hiawatha Golf Course, Lake Nokomis and Minnehaha Parkway are all just minutes away. Also, enjoy having convenient access to downtown Minneapolis and St. Paul, the Mall of America, and Minneapolis/St. Paul International Airport. This classic South Minneapolis home, puts shopping, dining, recreation and transportation within easy reach. Bring your ideas and make this cherished one-owner home your own.

Single Family

  • Price
  • $ 340,000
  • City
  • Minneapolis
  • Bedrooms
  • 3
  • Full Bathrooms
  • 1
  • County
  • HENNEPIN
  • Half Bathrooms
  • 0
  • Area
  • Starings Bloomington Terrace Add
  • Lot Size
  • 0.14 Acres
  • Zip
  • 55407
  • Sqr Footage
  • 1,477
  • Year Built
  • 1953
  • Taxes
  • $ 4606
  • Style
  • Single Family
  • MLS#
  • 7113645
Listed By: Edina Realty, Inc.
Data Source: Northstar MLS (NSTAR)

Features

General

Living Area 1477
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Age 8 Years or Less,Asphalt,Pitched
Appliances Dryer,Range,Refrigerator,Washer
Garage Spaces 1
Pool Features None
Year Built 1953
Electric Fuses
Levels One
Property Subtype Single Family
Tax Year 2026
Accessibility None
County Hennepin
New Construction No
Property Type Residential
HOA No
Contingency None
Subdivision Name Starings Bloomington Terrace Add
Full Baths 1
Directions 35W to E 46th St,Right to 16th Ave S,Left to home.
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 4606
Additional Parcels Y/N No
Standard Status Active
Lender Owned No
Amenities Unit Cable,Hardwood Floors,Kitchen Window,Main Floor Primary Bedroom,Natural Woodwork,Tile Floors,Washer/Dryer Hookup
PostalCity Minneapolis

Interior Features

Basement Block,Full,Partially Finished,Storage Space
Basement (Y/N) Yes
Fireplace Y/N No
Above Grade Finished Area 985
Laundry Features Gas Dryer Hookup,Lower Level,Sink,Washer Hookup
Total Bedrooms 3
Below Grade Finished Area 492
Total Baths 1
Bath Desc Basement,Main Floor Full Bath,Rough In
Dining Room Description Kitchen/Dining Room,Living/Dining Room
Fuel Natural Gas

Exterior Features

Fencing Partial
Parking Features Detached Garage,Asphalt,Garage Door Opener
Lot Features Tree Coverage - Medium
Water Source City Water/Connected
Lot Size Area 0.14
Building Area Total 1970
Lot Dimensions 50x122x50x122
Waterfront Y/N No
Foundation Area 985
Road Frontage Type City Street,Curbs,Paved Streets,Sidewalks,Street Lights,Storm Sewer
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

8/5/2026 Listed $350,000
9/10/2026 3% - $340,000

Property vs Zip Code Average in 55407

Price
AVG $290K
$340K
Taxes
AVG $4,067
$4,606
Year Built
AVG 1941
1953
Visits
AVG 125
54
Data Provided by Inside Real Estate®

Areas That We Cover

4329 16th Avenue S Minneapolis, MN is a Single Family Home for sale at $340000 with 1477 sqft and a lot size of 0.14 Acres Acre(s). 4329 16th Avenue S Minneapolis has 3 bedrooms, 1 baths and was built in 1953. 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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