Live where the action is—right above Lunds & Byerlys in the heart of Northeast Minneapolis’ iconic Old Town Business District. This fresh, east-facing 1-bedroom condo is filled with morning sunrises and natural light that lasts all day, thanks to floor-to-ceiling windows and a smart, open layout that maximizes every inch of space.
The kitchen features stainless appliances, new pendant lights, sleek cabinet hardware, and a generous island with excellent storage and prep space. Step out onto your private balcony for a breath of fresh air, neighborhood charm, and partial downtown views. The bedroom includes a custom-organized walk-in closet, plus there’s an additional private storage locker.
Enjoy heated underground parking, pet-friendly living, and the peace of mind that comes with a professionally managed, well-funded association—with over $1M in reserves and no history of special assessments.
From the riverfront to trendy restaurants, classic Minneapolis bars, cafes, galleries, and parks, everything you love about Northeast is just outside your door—with the North Loop just a scenic stroll across the river. Whether you're a first-time buyer, downsizer, or weekday/weekend city-dweller, this is urban living done right.
Closed
$325,000
45 University Ave SE Unit 314, Minneapolis, MN 55414
1beds
866sqft
High Rise
Built in 2006
-- sqft lot
$333,100 Zestimate®
$375/sqft
$1,497 Estimated rent
Home value
$333,100
$306,000 - $363,000
$1,497/mo
Zestimate® history
Owner options
List your home for rent
$1,497/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,497/mo
Rent Zestimate®
Refinance and save
$2,718/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$2,718/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Mitra Rahimi 612-718-1239,
Verve Realty,
Scott Parkin 612-310-8247
Bought with:
Scott Parkin
Verve Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6756340
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Bedroom
- Level: Main
- Area: 170 Square Feet
- Dimensions: 17x10
Primary bathroom
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Deck
- Level: Main
- Area: 32 Square Feet
- Dimensions: 8x4
Kitchen
- Level: Main
- Area: 104 Square Feet
- Dimensions: 13x8
Living room
- Level: Main
- Area: 247 Square Feet
- Dimensions: 19x13
Heating
- Baseboard
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
- Laundry: In Unit
Features
- Basement: None
Interior area
- Total structure area: 866
- Total interior livable area: 866 sqft
- Finished area above ground: 866
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Attached, Concrete, Garage Door Opener, Heated Garage, Insulated Garage, Secured, Underground
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Doors 36"+, Accessible Elevator Installed
Features
- Levels: One
- Stories: 1
- Patio & porch: Glass Enclosed
- Fencing: None
Lot
- Features: Near Public Transit
Details
- Foundation area: 866
- Additional parcels included: 2302924130739
- Parcel number: 2302924130655
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: Condo
- Property subtype: High Rise
- Attached to another structure: Yes
Materials
- Concrete
- Roof: Rubber
Condition
- New construction: No
- Year built: 2006
Utilities & green energy
- Electric: Circuit Breakers, Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Security: Fire Sprinkler System, Secured Garage/Parking
- Subdivision: Cobalt Condominiums
HOA
- Has HOA: Yes
- Amenities included: Car Wash, Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, Lobby Entrance, Security Building
- Services included: Air Conditioning, Maintenance Structure, Cable TV, Gas, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Professional Mgmt, Sanitation, Security System, Shared Amenities, Snow Removal, Water
- HOA fee: $634 monthly
- HOA name: First Service Residential
- HOA phone: 952-277-2700
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $375/sqft
- Annual tax amount: $4,195
- Date on market: 7/18/2025
- Cumulative days on market: 22 days
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2025 | Sold | $325,000-1.5%$375/sqft |
Source:  NorthstarMLS as distributed by MLS GRID #6756340 Report a problem | ||
| 7/20/2025 | Listed for sale | $330,000+3.1%$381/sqft |
Source: NorthstarMLS as distributed by MLS GRID #6756340 Report a problem | ||
| 8/14/2020 | Sold | $320,000+19.4%$370/sqft |
Source: NorthstarMLS as distributed by MLS GRID #5619607 Report a problem | ||
| 1/8/2014 | Sold | $268,000$309/sqft |
Source: NorthstarMLS as distributed by MLS GRID #4416578 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: East Bank-Nicollet Island
Nearby homes
- $310,0001 bd1 ba707 sqft45 University Ave SE UNIT 404, Minneapolis, MN 55414Sold
- $--1 bd1 ba-- sqft25 University Ave SE #776F18CCB, Minneapolis, MN 55414Off Market
- $--2 bd2 ba-- sqft25 University Ave SE #F320A52C6, Minneapolis, MN 55414Off Market
- $313,9001 bd1 ba907 sqft45 University Ave SE UNIT 215, Minneapolis, MN 55414Off Market
- $696,3002 bd2 ba1.7k sqft45 University Ave SE UNIT 803, Minneapolis, MN 55414Off Market
- $361,1001 bd1 ba1k sqft45 University Ave SE UNIT 303, Minneapolis, MN 55414Off Market
- $506,3002 bd2 ba1.3k sqft45 University Ave SE UNIT 310, Minneapolis, MN 55414Off Market
- $628,1002 bd2 ba1.6k sqft45 University Ave SE UNIT 705, Minneapolis, MN 55414Off Market
- $368,2001 bd1 ba1k sqft45 University Ave SE UNIT 306, Minneapolis, MN 55414Off Market
Nearby schools
GreatSchools rating
- 2/10Webster ElementaryGrades: PK-5Distance: 0.5 mi
- 2/10Northeast Middle SchoolGrades: 6-8Distance: 2.6 mi
- 4/10Edison Senior High SchoolGrades: 9-12Distance: 1.5 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$333,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$333,100
- Minnesota
- Hennepin County
- Minneapolis
- 55414
- East Bank-Nicollet Island
- 45 University Ave SE Unit 314
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Minneapolis Topics
