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500 University Avenue NE

Minneapolis, MN 55413

– beds
– baths
3,380 sqft
$152 per sqft
1900 build
– on site

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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.

Listing courtesy of NORTHSTAR / Lisa Farwell / Keller Williams Realty Integrity Lakes

Last checked: Checking… • Last updated Dec 11, 2024 •

MLS# 6602923 —

The Building

Year Built:

1900
New Construction:

false
Age Of Property:

124
Construction Materials:

Vinyl Siding
Roof:

Age 8 Years or Less, Architectural Shingle
Accessibility Features:

None
Levels:

More Than 2 Stories
Main Level Finished Area:

1690.0000
Basement:

Daylight/Lookout Windows, Full, Shared Access, Stone/Rock, Unfinished
Basement:

true
Foundation Area:

1690
Building Area Total:

5346
Above Grade Finished Area:

3380

Room Dimensions

Living Area:

3380

Location

Directions:

From Broadway, head south on University. Turn right on 5th.
Latitude:

44.993614
Longitude:

-93.260779

The Property

Parcel Number:

1402924340099
Zoning Description:

Residential-Multi-Family
Property Type:

Residential Income
Property Subtype:

Duplex Up and Down
Additional Parcels:

false
Lot Features:

Public Transit (w/in 6 blks), Corner Lot
Lot Size Area:

0.25
Lot Size Dimensions:

66 X 165
Lot Size Units:

Acres
Topography:

Level
Fencing:

None
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

10126
Tax With Assessments:

10126.0000

The Listing

Heating & Cooling

Heating:

Boiler, Forced Air, Radiator(s)

Utilities

Electric:

Circuit Breakers, 200+ Amp Service
Sewer:

City Sewer/Connected

Appliances

Refrigerator:

Two

Schools

High School District:

Minneapolis

The Community

Subdivision Name:

Town Of St Anthony
Association Amenities:

Common Laundry
Assessment Pending:

No

Parking

Parking Features:

Detached, Concrete
Garage Spaces:

3
Garage Dimensions:

60x30
Garage SqFt:

900

Extra Units

# of Units Total:

2

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/1/24 Nov 1, 2024	Sold	NORTHSTAR	$515,000	0.0%
9/30/24 Sep 30, 2024	Pending	NORTHSTAR	$514,900
9/18/24 Sep 18, 2024	Listed / Active	NORTHSTAR	$514,900

Multifamily Sold on 11/1/2024

$515,000

Listing provided by broker:

Lisa Farwell

Keller Williams Realty Integrity Lakes

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Listing Courtesy of: NORTHSTAR and Keller Williams Realty Integrity Lakes.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

500 University Avenue NE

Minneapolis, MN 55413