504 University AVE SE Active

Minneapolis,MN 55414

$ 700000

- Bed

- Bath

3548 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex Up and Down

Listing Status Active

Purchase Type For Sale

Square Footage 3,548 sqft

Price per Sqft $197

Subdivision Saint Anthony Falls

MLS Listing ID 6644963

Year Built 1903

Annual Tax Amount $9,149

Tax Year 2024

Contingent None

Lot Size 7,840 Sqft

Acres 0.18

Lot Dimensions 76x100

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#. 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

Rooms

Basement Full

Interior

Heating Hot Water

Fireplace No

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,Tree Coverage - Light

Story More Than 2 Stories

Foundation 1624

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories More Than 2 Stories

Structure Type Stucco,Wood Siding

New Construction false

Schools

School District Minneapolis

View More
Favorite Go Tour