504 University Avenue Southeast

Minneapolis, MN 55414

$700,000
Price
—
Beds
3,548 Sq. Ft.
$197 / Sq. Ft.
3,548
Sq. Ft.
$197
per Sq. Ft.

Description

First time on the market in a quarter century! An incredible opportunity to purchase and develop this historic property in the heart of the thriving Marcy Holmes neighborhood. A huge historic duplex with an attic and lower level ready to add additional finished sq ft or potentially expand the existing building into the vacant side lot. Building is situated on an oversized corner lot zoned RM1 with a single PID#. Property is also a candidate to develop a much larger structure. Property is winterized...First time on the market in a quarter century! An incredible opportunity to purchase and develop this historic property in the heart of the thriving Marcy Holmes neighborhood. A huge historic duplex with an attic and lower level ready to add additional finished sq ft or potentially expand the existing building into the vacant side lot. Building is situated on an oversized corner lot zoned RM1 with a single PID#. Property is also a candidate to develop a much larger structure. Property is winterized and commercial financing or cash is most likely required. As is addendum required.
  1. Listed by Grand Realty, LLC

Property Details for 504 University Avenue Southeast

Neighborhood
Marcy Holmes
Subdivision Name
Saint Anthony Falls
Zoning Jurisdiction
Residential-Multi-Family
LISTING UPDATED: 01/04/2025 05:04 AM

Property Details for 504 University Avenue Southeast

StatusActive
MLS #6644963
Days on Compass3
Taxes$9,149 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex Up and Down
Year Built1903
Lot Size0.18 AC / 7,840 SF
CountyHennepin County

Building Information for 504 University Avenue Southeast

Stories-Residences2Year Built1903Building Size-Lot Size0.18 AC / 7,840 SF

Property Information for 504 University Avenue Southeast

Summary
Location and General Information
  • City Name: Minneapolis
  • County Or Parish: Hennepin
  • County: Hennepin-MN
  • Directions: University Ave to property
  • Latitude: 44.984163
  • Longitude: -93.24896
  • Map Coordinate: 106-E2
  • Map Coordinate Source: King's Street Atlas
  • City and Location: Minneapolis
  • City and Location Text: Minneapolis(MN)
  • Postal Code: 55414
  • State Or Province: MN
  • Public Survey Township: 29
Taxes and HOA Information
  • Additional Parcels: No
  • Parcel Number: 2302924410017
  • Tax Annual Amount: $9,149.00
  • Tax Legal Description: BLOCK 034 ST ANTHONY FALLS NWLY 10 FT OF THE NELY 100 FT OF LOT 4 AND THE NELY 100 FT OF LOT 5
  • Tax Other Annual Assessment Amount: $.00
  • Tax Year: 2024
  • Tax With Assessments: 9869.0000
School Information
  • High School District: 1 - Minneapolis
  • School District Number: 1
  • School District Phone: 612-668-0000
Property
Lot Information
  • Above Grade Fin SQFT: 3548.0
  • Below Grade Fin SQFT: 0.0
  • SQFT Total: 3548.0
  • Lot Features: Public Transit (w/in 6 blks), Corner Lot, Tree Coverage - Light
  • Lot Size Area: 0.18
  • Lot Size Dimensions: 76x100
  • Lot Size Units: Acres
  • Present Use: Yearly
  • Property Sub Type: Duplex Up and Down
  • Property Type: Residential Income
  • SQFT Main Total: 1624.0000
  • Building Area Total: 5172.0
  • Above Grade SqFt Total: 3548.0000
  • Below Grade SqFt Total: 1624.0000
Property and Assessments
  • Age Of Property: 122
Utilities
  • Electric: Circuit Breakers, 100 Amp Service
  • Sewer: City Sewer/Connected
  • Water Source: City Water/Connected
Interior and Exterior Features
Exterior Features
  • Accessibility Features: None
  • Foundation Area: 1624.0
  • Fuel: Natural Gas
  • Road Frontage Type: City Street
  • Road Responsibility: Public Maintained Road
  • Roof: Age 8 Years or Less, Asphalt, Pitched
  • Patio Porch Type: Front Porch,Porch
Interior Features
  • Basement Type: Full
  • DP Resource: Y
  • Heating: Hot Water
  • Levels: More Than 2 Stories
  • Number of Refrigerator: Two
  • Basement YN: Yes
Multi Family
Unit 1
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 1
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Rooms Total: 9
  • Unit SqFt: 1924
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 5
  • Unit Type Units Total: 1
  • Unit Level: 2nd Level
  • Unit Type Total Rent: 0
Unit 2
  • Unit Bath 3Qtr: 0
  • Unit Bath Full: 1
  • Unit Bath Half: 0
  • Unit Bath Qtr: 0
  • Unit Monthly Expenses: 0.00
  • Unit Rooms Total: 7
  • Unit SqFt: 1624
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Units Total: 1
  • Unit Level: Main Level
  • Unit Type Total Rent: 0

Property History for 504 University Avenue Southeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 504 University Avenue Southeast

Taxable ValueLand$131,000Additions$441,000Total$572,000
Tax Record2023$9,869 ($822 / month)
Home Facts
Baths2.5Total Finished SqFt3,548 SqFtAbove Grade Finished SqFt3,548 SqFtStories3Lot Size7,841 SqFtStyleDuplexYear Built1903ZoningR5CountyHENNEPINAPN23-029-24-41-0017

Schools near 504 University Avenue Southeast

This home is within Minneapolis Public School Dist..
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Webster Elementary
PublicPK to 5

Northeast Middle School
Public6 to 8

Edison Senior High School
Public9 to 12

Marcy Open Elementary School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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504 University Avenue Southeast is a multi-family home for sale in Minneapolis, MN 55414. This property was listed for sale on January 3, 2025 by Grand Realty, LLC, it's currently listed at $700,000. It has been on the market for a total of 3 days and was last sold on December 3, 2009. This listing's school district is Minneapolis Public School Dist.. Nearby schools include Webster Elementary, Northeast Middle School and Edison Senior High School. 504 University Avenue Southeast is a 0-bed, 0-bath, 3,548 sqft multi-family home built in 1903.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Grand Realty, LLC

Based on information from one of the following Multiple Listing Services: Minneapolis Northstar, REALTORS Association of Northeast Wisconsin and Lake Superior Area REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Minneapolis Northstar and REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 01/04/2025 05:04 AM