Police said the shooting happened at about 2:30 a.m. Thursday.
The 16- and 17-year-old boys were found shot inside a home at 54th and Market streets, about two blocks from the shooting scene at 56th and Market streets, police said.
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Police said the 16-year-old was shot in the chest and the 17-year-old was shot in the finger.
Both were taken to an area hospital where they were listed in stable condition.
Investigators said the 17-year-old is being held as a prisoner, but they stopped short of identifying him as the shooter.
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Police are checking to see if this shooting is related in any way to another shooting nearby.
The investigation is ongoing and charges are pending, police said.
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