500 University Avenue Minneapolis, MN 55413
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.
- Property TypeMulti-Family
- NeighborhoodTown of St Anthony
- CountyHennepin
- Taxes$10,126
- HOA/Condo/Coop Fees$0
- Days on Site33 Days
- MLS StatusPending
- MLS ID Number6602923
- Home Size Source N/A
- Year Built1900
- Lot Size0.25 Acres
- Full Baths2
- Partial BathsN/A
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General Features
- Construction Vinyl Siding
- Parking DetachedConcrete
- Electric Circuit Breakers200+ Amp Service
- Basement Daylight/ Lookout WindowsFullShared AccessStone/ RockUnfinished
- Zoning Residential-Multi-Family
- Property Sub Type Duplex
- Garage Spaces 3
- Contingency None
- Sewer City Sewer/ Connected
- Water City Water/ Connected
- Lot Features Public Transit (w/in 6 blks)Corner Lot
Interior Features
- Heating BoilerForced AirRadiator(s)
Exterior Features
- Fencing None
- Lot Public Transit (w/in 6 blks)Corner Lot
- Roof Age 8 Years or LessArchitectural Shingle
- Construction Details Vinyl Siding
Community Features
- Association Amenities Common Laundry