Minneapolis, MN 55414 504 University Avenue SE
$499,500
49 more
Presented By: Grand Realty, LLC
Beds • 9
Full/Half Baths • 2 / 1
SQFT • 3,548
Home Details
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#. New roof and exterior paint within the past 2 years. 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.
Presented By: Grand Realty, LLC
Interior Features for 504 University Avenue SE
Other Interior Features
Above Grade Finished Area3548
BasementFull
Basement (Y/N)Yes
Below Grade Finished Area
FuelNatural Gas
General for 504 University Avenue SE
AccessibilityNone
Additional Parcels Y/NNo
CityMinneapolis
Construction MaterialsStucco, Wood Siding
ContingencyNone
CountyHennepin
DirectionsUniversity Ave to property
ElectricCircuit Breakers, 100 Amp Service
Electric Expense
Fuel Expense
Garage Spaces
Gross Income
HeatingHot Water
High School DistrictMinneapolis
Insurance Expense
Land Lease Y/NNo
Lender OwnedNo
LevelsMore Than 2 Stories
Living Area3548
Lot Size UnitsAcres
MaintenanceExpense0
New ConstructionNo
Number Of Units Total2
Operating Expense0
PostalCityMinneapolis
Property SubtypeDuplex Up and Down
Property TypeResidential Income
RoofAge 8 Years or Less, Asphalt, Pitched
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameSaint Anthony Falls
Tax Annual Amount9149
Tax Year2024
Tenant PaysCable TV, Electricity, Fuel, Gas
Trash Expense0
Water Sewer Expense0
Year Built1903
Zoning DescriptionResidential-Multi-Family
Exterior for 504 University Avenue SE
Building Area Total5172
Foundation Area1624
Lot Dimensions76x100
Lot FeaturesPublic Transit (w/in 6 blks), Corner Lot, Some Trees
Lot Size Area0.18
Parking FeaturesParking Lot
Road Frontage TypeCity Street
Road ResponsibilityPublic Maintained Road
Water SourceCity Water/Connected
Additional Details
Price History
John Wichmann
Agent