3704 16th Avenue S, Minneapolis, MN 55407 - MLS# 7155671
$225,000
Own for cheaper than rent in the heart of Minneapolis! This classic white stucco bungalow in the vibrant Powderhorn Park neighborhood is priced to sell at $225,000, offering an unbeatable opportunity to build quick equity. The sun-drenched main level boasts gorgeous hardwood floors, a welcoming living room, a formal dining room, a convenient main-floor bedroom, and a full bath. You will fall in love with the spacious kitchen, complete with an adorable built-in breakfast booth perfect for your morning coffee. Downstairs, the basement features a dedicated laundry area and two non-conforming bedrooms—one with a coveted walk-in closet—offering flexible space for a home office, gym, or future finished equity.
Step outside into your own private city oasis. The expansive, fully fenced backyard features established gardens loaded with homegrown strawberries, raspberries, grapes, and blueberries, plus a 1+ car garage off the alley. Beyond your property line, you enjoy premier neighborhood bragging rights: you are just blocks from the scenic trails and community events at Powderhorn Park, and minutes from local favorites like the May Day Cafe. Stop paying a landlord and start investing in your future today!
Interior Information
Size & Levels
Bathrooms
Rooms
Main Level Rooms
Basement Level Rooms
Exterior & Parking
Lot & Utilities
Financial & Tax Information
Neighborhood at a Glance
In this neighborhood, homes were most commonly built in 1939 or earlier, about 66% of occupied homes are owner-occupied, and the average commute is 24 minutes.
Cost of Ownership
Median home value
$312,100
Lower than the Minneapolis median
The midpoint of estimated values for owner-occupied homes.
Median property taxes paid
$3,994/yr
Lower than the Minneapolis median
The midpoint of annual property taxes paid by homeowners.
Typical monthly owner costs (with mortgage)
$1,732/mo
Lower than the Minneapolis median
Median monthly housing costs for owners with a mortgage.
Typical monthly owner costs (no mortgage)
$736/mo
Lower than the Minneapolis median
Median monthly housing costs for owners without a mortgage.
Median rent
$1,674/mo
Higher than the Minneapolis median
The midpoint of monthly gross rent, including utilities.
Homes in the Area
Owner-occupied homes
66%
Higher than Minneapolis overall
The share of occupied homes lived in by their owners.
Median year built
1938
Similar to the Minneapolis median
The midpoint of years when homes in the area were built.
Home age by decade
The share of homes built during each period.
- 1950-19594%
- 1940-19498%
- 1939 or earlier80%
Types of homes
The share of housing units in each building type.
- Single-family detached56%
- 2-4 units36%
- 5+ units8%
Getting Around
Average commute
24 min
Higher than the Minneapolis median
The average one-way travel time to work for commuters.
How people get to work
The share of workers using each listed way to get to work.
- Drive alone60%
- Walk or bike6%
- Work from home29%
Homes with broadband
97%
Higher than Minneapolis overall
The share of households with a broadband internet subscription.
