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    • $465,000

    504 University Ave SE, Minneapolis, MN 55414

    9beds
    3baths
    3,548sqft
    Multi Family
    Built in 1903
    -- sqft lot
    $467,800 Zestimate®
    $131/sqft
    $2,470 Estimated rent

    Home value

    $467,800

    $430,000 - $510,000

    $2,470/mo

    Zestimate® history
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    What's special

    Exterior paintHuge historic duplexNew roofLower levelOversized corner lotVacant side lot
    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#. New roof and exterior paint within the past 2 years. 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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Daniel R. Fowlds 651-428-7162,

    Grand Realty, LLC

    Bought with:

    Eric Hermanson

    Engel & Volkers Lake Minnetonka

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6804285MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 9
    • Bathrooms: 3
    Heating
    • Hot Water
    Appliances
    • Laundry: In Basement
    Features
    • Basement: Full
    Interior area
    • Total structure area: 3,548
    • Total interior livable area: 3,548 sqft
    • Finished area above ground: 3,548
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Parking Lot
    Accessibility
    • Accessibility features: None
    Features
    • Levels: More Than 2 Stories
    • Patio & porch: Front Porch, Porch
    Lot
    • Size: 7,840 Square Feet
    • Dimensions: 76 x 100
    • Features: Near Public Transit, Corner Lot, Tree Coverage - Light
    Details
    • Foundation area: 1624
    • Parcel number: 2302924410017
    • Zoning description: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Roof: Age 8 Years or Less,Asphalt,Pitched
    Condition
    • New construction: No
    • Year built: 1903

    Utilities & green energy

    • Electric: Circuit Breakers, 100 Amp Service
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & HOA

    Community
    • Subdivision: Saint Anthony Falls
    Location
    • Region: Minneapolis

    Financial & listing details

    • Price per square foot: $131/sqft
    • Tax assessed value: $493,900
    • Annual tax amount: $9,149
    • Date on market: 10/14/2025
    • Cumulative days on market: 304 days
    • Tenant pays: Cable TV, Electricity, Fuel, Gas

    Price history

    DateEventPrice
    11/10/2025Sold$465,000-6.9%$131/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6804285 Report a problem
    11/7/2025Pending sale$499,500$141/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6804285 Report a problem
    10/14/2025Listed for sale$499,500$141/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6804285 Report a problem
    10/10/2025Listing removed$499,500$141/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6644963 Report a problem
    10/10/2025Price change$499,500-9.2%$141/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6644963 Report a problem
    7/26/2025Price change$549,850-8.3%$155/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6644963 Report a problem
    3/11/2025Price change$599,850-7.7%$169/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6644963 Report a problem
    3/2/2025Price change$650,000-7.1%$183/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6644963 Report a problem
    1/3/2025Listed for sale$700,000+30.8%$197/sqft
    Source: NorthstarMLS as distributed by MLS GRID #6644963 Report a problem
    6/17/2016Listing removed$2,500+38.9%$1/sqft
    Source: Grand Realty Property Management Report a problem
    12/24/2015Listing removed$1,800$1/sqft
    Source: Grand Realty Property Management Report a problem
    12/12/2015Listed for rent$1,800-10%$1/sqft
    Source: Grand Realty Property Management Report a problem
    4/8/2014Listing removed$2,000$1/sqft
    Source: 3A Realty Group, LLC Report a problem
    2/4/2014Listed for rent$2,000$1/sqft
    Source: Grand Realty Property Management Report a problem
    1/11/2010Sold$535,000+123.8%$151/sqft
    Source: Public Record Report a problem
    6/29/2000Sold$239,000$67/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$9,527 -6.2%$493,900 -1.6%
    2025$10,159 +2.9%$501,700 -9.9%
    2024$9,869 +13.7%$557,000 -2.6%
    2023$8,678 -5.6%$572,000 +6.1%
    2022$9,191 +6.7%$539,000 -0.4%
    2021$8,610 -3%$541,000 +2.7%
    2020$8,873 +3.1%$527,000 +5%
    2019$8,610 -3%$502,000
    2018$8,873 +9.8%$502,000 +22.9%
    2017$8,080 +5.5%$408,500 +15.1%
    2016$7,656 +11.5%$355,000
    2015$6,865 -4.7%$355,000 +15.1%
    2014$7,204 +6.3%$308,500
    2013$6,775 -7.4%$308,500 -9.9%
    2012$7,320 -0.4%$342,500 -5%
    2011$7,350 +14.6%$360,500
    2010$6,415 -12.9%$360,500 -9.9%
    2009$7,369 +22.8%$400,300 +42.9%
    2006$6,002 +6%$280,200 +15%
    2005$5,665 +6.7%$243,700 +18.7%
    2004$5,310 +6.7%$205,300 +12.9%
    2002$4,978 -34.7%$181,900
    2001$7,620 --
    Find assessor info on the county website

    Neighborhood: Marcy Holmes

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    Estimated market value
    $467,800
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $467,800

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