4424 16th Avenue S
Minneapolis, MN, 55407 $ 390,000
Bedrooms3 Baths2.0 Sq 1,625 Monthly Estimate*
$ 2,694
for $390,000 with 3 bedrooms and 2 full baths. This 1,625 square foot home was built in 1947 on a lot size of 0.13.
Welcome to 4424 16th Avenue S! ASSUMABLE FHA 2.99% loan with approximate balance: $240,000! Seller offering 3/2/1 rate BuyDown new loan at 7.5% (first year payment would 4.5%, second year 5.5%, third year 6.5%, then 7.5% for the remaining term Lease option/CD for qualified buyers Charming brick home offers 3 bedrooms, 2 bathrooms, and inviting living spaces across two levels. The bright main level features a spacious living room with a cozy fireplace, a dedicated dining area, and a functional kitchen with ample cabinetry and counter space. Two main-level bedrooms and an updated full bathroom complete the floor. Downstairs, you'll find even more room to spread out with a spacious family room, third bedroom, additional bathroom, laundry, and plenty of storage. Outside, enjoy a private fenced backyard with patio space, updated landscaping and retaining walls, plus a detached 1-car garage. Recent improvements include fresh interior paint, refinished flooring, an updated main-level bathroom, and a newer sewer line. Conveniently located near neighborhood favorites, parks, Minnehaha, Hiawatha Golf Course, dining, shopping, and easy access throughout the Twin Cities. Lease with Option, and a Lease for qualified clients/buyers with meaningful downpayment a 5.99% Contract for Deed (30 year amortized due in 5 years)
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FeaturesGeneralLiving Area 1625
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Roof Age Over 8 Years Asphalt Pitched
Appliances Dishwasher Dryer Microwave Range Refrigerator Washer
HOA Fee 0
Garage Spaces 1
Pool Features None
Construction Materials Block Post and Beam Brick Concrete Frame
Year Built 1947
Electric Circuit Breakers 100 Amp Service
Levels One
Property Subtype Single Family
Tax Year 2025
Accessibility None
County Hennepin
New Construction N
Property Type Residential
HOA N
Contingency None
Subdivision Name Grieps Add
Full Baths 1
Directions From I-35W take the 46th St exit and head east on 46th St. Turn left (north) onto 16th Ave S. Property will be on the right at 4424 16th Ave S.
City Minneapolis
High School District Minneapolis
Zoning Description Residential-Single Family
Lot Size Units Acres
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 5040
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s) Hardwood Floors Kitchen Window Main Floor Primary Bedroom Natural Woodwork Patio Paneled Doors Security Lights Tile Floors Washer/Dryer Hookup
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InteriorBasement Finished
Total Fireplaces 1
Fireplace Features Living Room
Basement (Y/N) Y
Fireplace Y/N Y
Above Grade Finished Area 851
Half Baths 0
1/4 Baths 0
3/4 Baths 1
Laundry Features In Basement Gas Dryer Hookup Lower Level Laundry Room Sink In Unit Washer Hookup
Total Bedrooms 3
Below Grade Finished Area 774
Total Baths 2
Bath Desc 3/4 Basement Main Floor Full Bath
Dining Room Description Breakfast Area Living/Dining Room
Fuel Natural Gas
Garage Square Feet 0
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ExteriorFencing Full Wood
Parking Features Detached Garage Electric Storage
Lot Features Public Transit (w/in 6 blks) Tree Coverage - Light
Water Source City Water/Connected
Lot Size Area 0.13
Building Area Total 1625
Lot Dimensions 122x45x122x45
Waterfront Y/N N
Foundation Area 1840
Road Frontage Type City Street Curbs Paved Streets Sidewalks Street Lights Storm Sewer
Road Responsibility Public Maintained Road
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $2,694
- Monthly Property Taxes
- $420
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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.
Learn more about how to save NearbySingle family listings in Minneapolis, MN
Average List Price $508,018
Percent of Sale Price 30%
About Minneapolis, MN 417,625 Population
9% Since 2002
$ 56,777 Median Income
35.08 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
708364 Elementary School
708967 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/16/2026 | $390,000 | -2.26% | Price Down |
| 9/24/2026 | $399,000 | -4.98% | Price Down |
| 8/24/2026 | $419,900 | | Listed Price |