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Renovation-Ready Duplex
New
For Sale
$300,000

1716 University Avenue NE, Minneapolis, MN 55413

Residential Income, Minneapolis, MN

Property Size2,507 SF
Lot Size0.14 Acres
Price / SF$119.66
Days on Market5

Property Features for 1716 University Avenue NE

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 1, Basement
Exterior features Stucco
Subdivision Walters Sub In Bottineaus 2nd
High school district Minneapolis
Directions Broadway to University, North to home.
Standard status Active
APN 1402924220137
Size 2,507 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4601

Utilities

Heating system Hot Water(Heating), Forced Air

Building Details

Year built 1900
Listing Agency: Real Broker, LLC
Listed By: Gdp Homes
Added: Aug 18 Changed: Aug 20 Last Checked: Aug 22 at 6:06PM
MLS# 7013822

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1900, this 2,507-square-foot duplex contains two residential units, each arranged with two bedrooms and generous natural light from large windows. Hardwood floors and stucco exterior contribute to the property's existing character, while hot water and forced-air heating systems are in place. The building requires significant rehabilitation, including kitchen, ceiling, and mechanical work.

The property occupies 0.14 acres at 1716 University Avenue NE in Minneapolis. Its basement provides potential for a third unit, subject to required permitting and build-out. Shops, restaurants, and downtown access are identified as nearby area features.

Key Highlights

  • 2,507‑square‑foot duplex with two residential units
  • Each unit includes two bedrooms and one bathroom
  • Basement may support a third unit subject to permitting and construction

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Locksmith Accounting Firm Pet Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,328
Businesses Nearby

Demographics for 55413, MN

13,914
Population
8,080
Households
1.7
Avg Household Size
34
Median Age
58%
College-Educated
95%
High-School Grad
3.1 sq mi
ZIP Area
4,488
Density / Sq Mi
$84,252
Median Household Income
$57,091
Median Earnings
$1,497
Median Rent
$354,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with four bedrooms, two bathrooms, hardwood floors, and a basement requiring substantial updates.
Where is this duplex located?
The property is located at 1716 University Avenue NE Minneapolis, MN.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 2,507‑square‑foot duplex with two residential units; Each unit includes two bedrooms and one bathroom; Basement may support a third unit subject to permitting and construction
More about this property
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