Four-Unit Building with Off-Street
New
For Sale
$600,000
1016 Newton Ave N, Minneapolis, MN 55411
Four separately heated residences each offer three bedrooms, an eat-in kitchen, and a dedicated water heater.
Property Size4,196 SF
Price / SF$142.99
Days on Market2
Property Features for 1016 Newton Ave N
General Information
Standard status
Active
Size
4,196 SF
Property subtype
Multi-Family
Occupancy
100%
Units
Unit Mix
4 x 3BR/1BA
Multifamily Units
4
Building Details
Year Built
1921
Buildings
1
Listing Agency:
RE/MAX Results
Listed By:
Todd and April Ginsberg
(952) 884-8404
Source:
Thehomeadvantagegroup
Added: Oct 4
Last Checked: Oct 4 at 2:15PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Results
Investment Insights
Based on property information with market context.
This 1921 quadplex contains four residences across 4,196 square feet, with a total of 12 bedrooms and four bathrooms. Each unit has an eat-in kitchen with stone countertops, a newer bathroom, its own furnace, and a separate water heater. An off-street parking area is located behind the building.
The property is at 1016 Newton Ave N in Minneapolis. All four units are fully occupied.
The property is at 1016 Newton Ave N in Minneapolis. All four units are fully occupied.
Key Highlights
- Four units with 12 bedrooms and 4 bathrooms
- 4,196‑square‑foot building constructed in 1921
- Each residence includes 3 bedrooms, an eat‑in kitchen, and stone countertops
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
705
Businesses Nearby
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Business Placement
Demographics for 55411, MN
31,214
Population
10,967
Households
2.8
Avg Household Size
28
Median Age
23%
College-Educated
81%
High-School Grad
4.0 sq mi
ZIP Area
7,804
Density / Sq Mi
$53,368
Median Household Income
$35,952
Median Earnings
$1,220
Median Rent
$233,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four separately heated residences each offer three bedrooms, an eat-in kitchen, and a dedicated water heater.
Where is this quadplex located?
The property is located at 1016 Newton Ave N Minneapolis, MN.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Four units with 12 bedrooms and 4 bathrooms; 4,196‑square‑foot building constructed in 1921; Each residence includes 3 bedrooms, an eat‑in kitchen, and stone countertops
