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Listed price in listed location currency (USD).
$515,000
$514,900

000

MLS® 6602923

Overview

Key Facts

Type Duplex
Levels Residential Income
Size 3380 sqft
Garage Yes
Taxes $10,126
Lot Size 
Approx. Age 1900
Avg. Price Per Sqft $152
MLS® Number 6602923

Property Address: 500 University Ave Ne, Minneapolis, MN, 55413-1945

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number6602923
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1900
BasementDaylight/Lookout Windows, Full, Shared Access, Stone/Rock, Unfinished
DrivewayDetached, Concrete
Garage Spaces3
Heat
A/C
Heating Fuel

Extras

Price History

Sep 30, 2024End Date
$515,000Sold Price

Sold

Sep 19, 2024List Date
$514,900List Price

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