Pending
500 University Avenue NE
Minneapolis MN, 55413
$514,900
$152.34 per sqft
Pending
3,380 sqft
Multi-family
Built in 1900
Prime location just two blocks from the river and one block from the Northeast Farmer's Market, this updated Victorian duplex offers spacious living on a rare double lot--a full quarter acre in the city. Featuring beautiful inlaid track hardwood floors, the home includes a traditional fireplace with an ornate hearth, millwork, and artful tile details. Both units provide large conditioned sunrooms, 3-season porches, and abundant storage with walk-in kitchen pantries and multiple built-ins. Unit 2 enjoys a private balcony. Major updates include electrical, an architectural shingle roof (2018), a high-efficiency boiler (2021), and a forced air furnace (2018). The oversized 3+ stall garage and expansive cement driveway offer plenty of guest parking. Energy-efficient improvements like 3.5" blow-in wall insulation and maintenance-free vinyl siding with aluminum-wrapped windows enhance comfort and value. Zoned for easy redevelopment, the property offers value-add potential: convert the second-story living room into a 4th bedroom or finish the attic for a 3rd unit or additional bedrooms in Unit 2. Whether as a high-performing rental or a long-term home, this vintage charmer combines a prime location, expansive lot, and generous living spaces for exceptional value.
6602923
MLSⓇ ID
September 19, 2024
Listed
October 2, 2024
Updated
Map
500 University Avenue NE
Minneapolis MN, 55413
Interior Features
Total Stories
2
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Boiler, Forced Air, Radiator(s)
Exterior/Building Features
Lot Size
0.25 Acres
Lot Features
Public Transit (w/in 6 blks), Corner Lot
Roof
Age 8 Years or Less, Architectural Shingle
Sewer
City Sewer/Connected
School Information
School District
Minneapolis
Other Property Details
Taxes
$10,126
Tax Frequency
Annually
Days on Market
11
Association Amenities
Common Laundry
Garage
Yes
Garage Spaces
3
Parking
Detached, Concrete
View
No
County
Hennepin
Water Source
City Water/Connected
Pool
No
Listing History
Date | Event | Price |
---|---|---|
9/30/2024 | Pending | — |
9/19/2024 | Active | — |
Courtesy of Keller Williams Integrity Realty
If a listing is in Coming Soon status, it is not currently available for showings but will be soon. Open House information is subject to change without warning. This home sale information is not an appraisal, competitive or comparative market analysis, CMA, or home evaluation. Information Deemed Reliable But Not Guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Natasha Cejudo shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 1:06 AM UTC, 10/2/2024