RealtyLens
for saleRealtyLens property overview
$249,900

2407 16th Ave S

Minneapolis, MN, 55404
View more Minneapolis, MN property pages
4Beds
1.75Baths
1,772Sqft
$141$/sqft

Listing Notes

Spacious 4-bedroom, 2-bath townhome ideally located near downtown Minneapolis and the University of Minnesota. The main level features an open and inviting layout with a bright living room, separate dining area, and a well-appointed kitchen with a center island, seating, and ample natural light. A convenient bath completes the main level. Relax or entertain on the private deck while taking advantage of hassle-free living with no snow removal or yard work required. The upper level offers three generously sized bedrooms, including a primary bedroom with a walk-in closet and walk-through access to the full bathroom and laundry room. The finished lower level adds a fourth bedroom, additional storage space, and is already roughed-in for a third bathroom, offering great potential for added value. Located just minutes from the light rail, Childrens Hospital, Abbott Northwestern Hospital, and Midtown Global Market, this home provides easy access to top amenities, dining, and commuting routes. A great opportunity to own a well-located and versatile home, schedule your showing today!

Market Insights

Below nearby median-47%

$141/sqft vs a nearby median of $265/sqft.

Nearby median$265/sqft
Nearby properties5
Property size1,772 sqft
  • -47% versus the nearby median price per square foot.
  • Price history is limited, so current comps matter more than trend alone.
  • 1,772 sqft creates a usable price-per-square-foot read.

Pricing Read

Yardstick fair value$470k$424k$516k · 42% confidence
vs ask $250k−$220k (−88.0%)

Asking price is about 88.0% below the fair value — likely to draw competing offers if it's still on market.

$265/sqft median across 5 tight comps × 1,772 sqft= $470k
  • Modern construction+$7k +1.5%
  • Sparse street life−$7k −1.5%
Cumulative NYC adjustments+$0+0.0%

Property Read

FreshnessHistorical market data

Treat this as historical market context until the listing data refreshes.

Market Position-47% vs nearby

The asking price per square foot is below the nearby median, which can be worth a closer comp check.

Price MovementInitial price point

Price history is still limited; review again as more market activity becomes available.

Diligence Read1 item to check
AI ReadinessReady to analyze
Assistant read

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Generated from the facts shown on this page and nearby market data. Not a professional appraisal.

Listing Details

Days on market
12 days
Last price change
No change recorded
Listed
Apr 30, 2026
Photos
32 photos
Property type
townhomes
Status
for sale

Photos

Price History

May 8, 2026Initial record
$249,900for sale

You can also find this listing on Realtor.com.

Listing data sourced from realtor.com. RealtyLens enriches and contextualises it for you, but the original listing lives on the source.