Quadplex with Updated
New
For Sale
$600,000
1016 Newton Avenue N, Minneapolis, MN 55411
Residential Income, Minneapolis, MN
Property Size4,196 SF
Lot Size0.12 Acres
Price / SF$142.99
Days on Market3
Property Features for 1016 Newton Avenue N
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning description
Residential-Multi-Family
Bedrooms
12
Bathrooms
4
Full bathrooms
4
Rooms
Basement, Bedroom 2, Bedroom 3, Bathroom 1, Bedroom 6, Bedroom 10, Bedroom 8, Bedroom 11, Bedroom 12, Bedroom 9, Bathroom 4, Bedroom 4, Bathroom 3, Bedroom 7, Bedroom 1, Bathroom 2, Bedroom 5
Subdivision
Oak Park Add
High school district
Minneapolis
Directions
From HWY 55, north on Penn, right on oak park, property is on the right.
Standard status
Active
APN
2102924220035
Size
4,196 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2024
Utilities
Heating system
Forced Air
Building Details
Year built
1921
Listing Agency:
RE/MAX Results · RE/MAX International
(952) 884-8404
Listed By:
Todd And April Ginsberg
(952) 829-2900
Added: Sep 29
Changed: Oct 1
Last Checked: Oct 1 at 9:06AM
MLS# 7135334
Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 4,196-square-foot quadplex contains four apartments, each arranged with three bedrooms and one bathroom. The kitchens include stone countertops and eat-in space, while each residence has its own furnace and water heater. The property was built in 1921 and occupies a 0.1224-acre lot.
A rear parking area provides off-street parking. The four-unit configuration totals 12 bedrooms and four bathrooms.
A rear parking area provides off-street parking. The four-unit configuration totals 12 bedrooms and four bathrooms.
Key Highlights
- Four apartments totaling 12 bedrooms and 4 bathrooms
- 4,196‑square‑foot building on a 0.1224‑acre lot
- Each unit has an eat‑in kitchen with stone countertops
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
705
Businesses Nearby
Explore this area
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 apartments offer three bedrooms apiece, with separate heating and hot water systems for each residence.
Where is this quadplex located?
The property is located at 1016 Newton Avenue 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 apartments totaling 12 bedrooms and 4 bathrooms; 4,196‑square‑foot building on a 0.1224‑acre lot; Each unit has an eat‑in kitchen with stone countertops
