Renovation-Ready Two-Unit
For Sale
$300,000
1716 University Ave NE, Minneapolis, MN 55413
Each residence has two bedrooms, while the basement offers potential for a permitted future third unit.
Property Size2,507 SF
Price / SF$119.66
Days on Market8
Property Features for 1716 University Ave NE
General Information
Standard status
Active
Size
2,507 SF
Property subtype
Multi-Family
Property Condition
Severity
Major Repairs Needed
Evidence
full renovation
Additional Details
Multifamily Units
2
Building Details
Year Built
1900
Buildings
1
Listing Agency:
Real Broker, LLC
Listed By:
GDP Homes
(612) 600-6000
Source:
Putyourrootsdown
Added: Aug 26
Changed: Aug 28
Last Checked: Sep 1 at 10:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker, LLC
Investment Insights
Based on property information with market context.
Located at 1716 University Ave NE in Minneapolis, this early-1900s duplex contains two residential units, each with a two-bedroom layout. The 2,507-square-foot property retains hardwood flooring and large windows that provide substantial natural light. Both residences offer spacious floor plans, creating a clear foundation for a renovation plan.
The building requires substantial rehabilitation, including kitchen work, ceiling repairs, and mechanical updates. Its basement may accommodate a third unit after the required permitting and build-out are completed. The property is in Northeast Minneapolis near shops and restaurants, with access to downtown.
The building requires substantial rehabilitation, including kitchen work, ceiling repairs, and mechanical updates. Its basement may accommodate a third unit after the required permitting and build-out are completed. The property is in Northeast Minneapolis near shops and restaurants, with access to downtown.
Key Highlights
- Two‑unit duplex totaling 2,507 square feet
- Each unit includes two bedrooms and a spacious floor plan
- Early‑1900s construction with hardwood floors and large windows
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,328
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence has two bedrooms, while the basement offers potential for a permitted future third unit.
Where is this duplex located?
The property is located at 1716 University Ave 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: Two‑unit duplex totaling 2,507 square feet; Each unit includes two bedrooms and a spacious floor plan; Early‑1900s construction with hardwood floors and large windows
