Original pride of ownership untouched UpXDown Duplex. Ready for a new owner. Excellent oppertunity for value add in updating. Hardwood floors throughout. Prime Northeast Arts district location!!! New Boiler and hot water to be installed prior to closing.
Closed
$365,000
1616 University Ave NE, Minneapolis, MN 55413
4beds
2baths
2,288sqft
Multi Family
Built in 1900
-- sqft lot
$452,600 Zestimate®
$160/sqft
$1,924 Estimated rent
Home value
$452,600
$412,000 - $498,000
$1,924/mo
Zestimate® history
Owner options
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$2,308/mo
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Zillow last checked:
Listing updated:
Listed by:
Tony R Lipa 612-275-4660,
Northeast Realty LLC
Bought with:
Jonathan K. Lindstrom
RE/MAX Professionals
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6437806
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Boiler
Appliances
- Laundry: In Basement
Features
- Basement: Full
Interior area
- Total structure area: 2,288
- Total interior livable area: 2,288 sqft
- Finished area above ground: 2,288
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Detached Garage
- Garage spaces: 2
- Details: Garage Dimensions (24X20)
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Patio & porch: Porch, Rear Porch
Lot
- Size: 7,840 Square Feet
- Dimensions: 55 x 155
Details
- Foundation area: 1144
- Parcel number: 1402924220102
- Zoning description: Residential-Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Subdivision: Dicksons Rgt Bottineaus 2nd
HOA
- Amenities included: Porch
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $160/sqft
- Tax assessed value: $422,200
- Annual tax amount: $5,697
- Date on market: 9/22/2023
- Cumulative days on market: 40 days
Price history
| Date | Event | Price |
|---|---|---|
| 5/26/2025 | Listing removed | $1,750$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/14/2025 | Listed for rent | $1,750$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 11/17/2023 | Sold | $365,000-6.4%$160/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6437806 Report a problem | ||
| 11/1/2023 | Pending sale | $389,900$170/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6437806 Report a problem | ||
| 10/14/2023 | Price change | $389,900-2.5%$170/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6437806 Report a problem | ||
| 9/22/2023 | Listed for sale | $399,900$175/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6437806 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,915 +44.4% | $422,200 -2.7% |
| 2024 | $5,482 -4.8% | $434,000 +3.3% |
| 2023 | $5,759 +5.8% | $420,000 -3% |
| 2022 | $5,443 +3.5% | $433,000 +11% |
| 2021 | $5,258 -3.7% | $390,000 |
| 2020 | $5,459 +3.8% | $390,000 +4% |
| 2019 | $5,258 -3.7% | $375,000 +11.9% |
| 2018 | $5,459 +24% | $335,000 +33.2% |
| 2017 | $4,403 +19.7% | $251,500 +13.8% |
| 2016 | $3,677 +12.2% | $221,000 +15.1% |
| 2015 | $3,277 +12.3% | $192,000 +10% |
| 2014 | $2,919 +10.7% | $174,500 +5.1% |
| 2013 | $2,636 +2.5% | $166,000 |
| 2012 | $2,572 -11% | $166,000 -10.3% |
| 2011 | $2,891 -3.7% | $185,000 -14.9% |
| 2010 | $3,000 -20.7% | $217,500 -17.9% |
| 2009 | $3,785 +43.4% | $265,000 +33.2% |
| 2006 | $2,640 +19.2% | $198,900 +20.3% |
| 2005 | $2,215 +22.2% | $165,400 +23.7% |
| 2004 | $1,812 +24.7% | $133,700 +20.1% |
| 2002 | $1,453 -49.7% | $111,300 |
| 2001 | $2,887 | -- |
Find assessor info on the county website
Neighborhood: Sheridan
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Nearby schools
GreatSchools rating
- 2/10Pillsbury Elementary SchoolGrades: PK-5Distance: 1.5 mi
- 2/10Northeast Middle SchoolGrades: 6-8Distance: 1.8 mi
- 4/10Edison Senior High SchoolGrades: 9-12Distance: 0.7 mi
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Estimated market value
$452,600
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Estimated market value
$452,600
- Minnesota
- Hennepin County
- Minneapolis
- 55413
- Sheridan
- 1616 University Ave NE
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