Ryan Sorenson - Coldwell Banker Crown Logo
$700,000
 $3,758 est/mo Sourced by Back At You

504 University Avenue , Minneapolis, MN 55414

Minneapolis, MN 55414

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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.

Details

MLS#6644963
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1903
Days On Site10
Listing Provided ByGrand Realty, LLC | Daniel R. Fowlds

Features

SQ Feet3,548
BasementY
Units2
ZoningResidential-Multi-Family
Acreage0.18

Market Activity 55414

 Listings courtesy of Northstar MLS as distributed by MLS GRID. 

Based on information submitted to the MLS GRID as of January 13, 2025 at 5:25:19 PM PST 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.

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Contact

Learn More About This Property

Ryan Sorenson

Ryan Lee Sorenson

Coldwell Banker Crown Realtors

40281163 (320) 250-1038Contact Me Form Link
StateMN
CountyHennepin
CityMinneapolis
Zip Code55414
AreaMarcy Holmes
Community NameSaint Anthony Falls
School District1
Listing VS Median (in Saint Anthony Falls)
Price:
$700,000
low | high
Med:
$4,450,000
100% of Average
SqFt:
3,548
low | high
Med:
18,030
100% of Average
$ / SqFt:
$197
low | high
Med:
$225
36.081622609674% of Average
On Site:
10
low | high
Med:
29.500000
33.898305084746% of Average
Sourced by Back At You
Listing Updated: January 4, 2025 at 5:19:30 AM PST

Ryan Sorenson - Coldwell Banker Crown