$465,000
$499,500
6.9%For more information regarding the value of a property, please contact us for a free consultation.
504 University AVE SE Minneapolis, MN 55414
3,548 SqFt
Key Details
Sold Price $465,000
Property Type Multi-Family
Sub Type Duplex Up and Down
Listing Status Sold
Purchase Type For Sale
Square Footage 3,548 sqft
Price per Sqft $131
Subdivision Saint Anthony Falls
MLS Listing ID 6804285
Year Built 1903
Annual Tax Amount $9,149
Tax Year 2024
Lot Size 7,840 Sqft
Property Sub-Type Duplex Up and Down
Property 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#. 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.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Interior
Heating Hot Water
Exterior
Parking Features Parking Lot
Roof Type Age 8 Years or Less,Asphalt,Pitched
Building
Lot Description Public Transit (w/in 6 blks), Corner Lot, Some Trees
Story More Than 2 Stories
Foundation 1624
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Stucco,Wood Siding
New Construction false
Schools
School District Minneapolis
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