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5145 16th Ave S
Listing Notes
Welcome to this classic South Minneapolis gem in the sought-after Hale neighborhood. This 3-bedroom, 2-bath home blends timeless character with thoughtful updates throughout. The main level offers a natural flow between the spacious living room, dining area, kitchen, and large family roomperfect for everyday living and entertaining. Two bedrooms and a full bathroom complete the main floor, while the upper level features a generously sized private bedroom. The finished lower level adds valuable versatility with a large family room, 3/4 bathroom, and a bonus room ideal for a home office, guest space, or potential fourth bedroom with the addition of an egress window. Dont forget the storge space and workshop area! Step outside to relax and enjoy a beautiful backyard, along with the convenience of an oversized 2-car garage. Located just blocks from Lake Nokomis and the scenic walking and biking trails of Minnehaha Parkway, this home offers an unbeatable combination of character, space, and location.
Market Insights
$271/sqft vs a nearby median of $255/sqft.
- +6.3% versus the nearby median price per square foot.
- Price history is limited, so current comps matter more than trend alone.
- 1,885 sqft creates a usable price-per-square-foot read.
Pricing Read
Asking price is about 4.1% above where comps + adjustments land — there is room to negotiate.
- Pre-war character+$12k +2.5%
Property Read
The property is priced above the nearby median per square foot, so condition, building quality, and exact location need to justify the higher ask.
Price history is still limited; review again as more market activity becomes available.
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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
- 11 days
- Last price change
- No change recorded
- Listed
- May 1, 2026
- Photos
- 37 photos
- Property type
- single family
- Status
- for sale
- Last sold
- Dec 22, 1997 · $119,500
- Garage
- 2 spaces