MLS: #7135334, Listed By: Todd Ginsberg, RE/MAX Results, Source:FargoMoorhead Area Association of REALTORS
1016 Newton Avenue
Minneapolis, MN 55411
12
Bed
4
Bath
4,196Sqft
5,331.94Sqft(Lot)
Massive hard to find Cash flowing 4 unit building featuring 12 beds and 4 baths in Near North, perfect for the owner occupier to supplement living expenses or the investor alike with the building's fully occupied rent total potential sitting right around $100,000 annually. All 4 units feature nice newer eat in kitchens with stone countertops, 3 nice sized bedrooms, newer baths, and more. Each unit also has separate furnaces and water heaters, plus there is a large parking area out back for off street parking.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 12Bathroom Information
Total Baths: 4Room Information
Has Basement: Yes Basement: Block, Concrete -
Heating & Cooling
Has Heating: Yes Heating: Forced Air
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Building Information
Year Built: 1921 Building Area Total: 4196 Construction Materials: Stucco Stories: 2 Private Pool: No
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Lot Information
Lot Dimensions: 42.05x126.8 Main Square Feet: 5331.94 Square Feet Lot Size Acres: 0.12 Lot Size Square Feet: 5331.94Property Information
Subdivision: Oak Park Add Source Property Type: Residential Income Postal Code Plus 4: 4793 Property SubType: Quadruplex Levels: Two Property Age: 105
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Listing Price Information
Listing Price: $600000 Cash, Conventional, FHA, VA Loan
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Tax Information
Parcel Number: 2102924220035 Tax Year: 2024 Tax Legal Desc: LOT 019 BLOCK 025 OAK PARK ADDN TO MPLS
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Location Information
Direction: From HWY 55, north on Penn, right on oak park, property is on the right. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2915 N 3rd Street, Minneapolis, MN, 55411 | $305,000 | 4 | 2 | 1,776 | 0.10 Acre |
| 315 25th Avenue, Minneapolis, MN, 55411 | $265,000 | 4 | 2 | 1,691 | 4,356 Sq. Ft |
| 2622 N 4th Street, Minneapolis, MN, 55411 | $224,900 | 5 | 2 | 2,170 | 0.16 Acre |
| 2512 N 6th Street, Minneapolis, MN, 55411 | $525,000 | 8 | 3 | 2,965 | 0.15 Acre |
| 2200 N 6th Street, Minneapolis, MN, 55411 | $335,000 | 6 | 4 | 2,656 | 0.15 Acre |
| 2125 N 6th Street, Minneapolis, MN, 55411 | $335,000 | 5 | 2 | 3,836 | 0.16 Acre |
| 810 30th Avenue, Minneapolis, MN, 55411 | $175,000 | 3 | 2 | 2,600 | 0.11 Acre |
| 2115-2117 Aldrich Avenue, Minneapolis, MN, 55411 | $339,000 | 4 | 2 | 2,392 | 0.26 Acre |
| 2326 Bryant Avenue, Minneapolis, MN, 55411 | $264,900 | 6 | 2 | 2,827 | 0.16 Acre |
| 820 18th Avenue, Minneapolis, MN, 55411 | $290,000 | 4 | 2 | 2,208 | 0.21 Acre |
Similar Multifamily To 1016 Newton Avenue
Nearby For Sale
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ByOwner last updated this listing 09/30/2026 @ 04:15
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