2517 University Avenue NE, Minneapolis, MN 55418

New Listing
$414,900
Property Type: Multi-Family Bedrooms: 6 Baths: 2 Square Footage: 3,024 Lot Size (sq. ft.): 5,227 Status: Active
Current Price: $414,900 List Date: 5/05/2026 Last Modified: 5/05/2026

Overview

Description

Fantastic NE Minneapolis duplex with great rents! $2100 upper unit and $1950 lower unit. Upper unit vacant, fresh paint, updated kitchen and ready to be occupied. Lower unit occupied with rental renewal May 31st. Renter would like to stay. 2 newer boilers. Storage shed included. Shared laundry in the basement. Close to restaurants shopping and more. This one won't last!

Listing Details MLS# 7064249

General Property Information

Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront Present
No
Year Built
1910
Yearly/Seasonal
Yearly
Main Floor Total SqFt
1008
Above Ground SqFt
2016
Below Grd Total SqFt
1008
Total SqFt
3024
Foundation Size
1008
Style
(MF) Duplex Up and Down
Total Finished Sqft
2016.00
Lot Dimensions
53x100
Acres
0.12
Assessment Pending
Unknown
Garage Stalls
0

Property Features

Accessible: None Amenities Shared: Common Laundry Facility Basement: Unfinished Construction Status: Previously Owned Electric: 100 Amp Service Exterior: Stucco Fencing: Chain Link Foundation: Other Fuel: Natural Gas Heating: Boiler Lot Description: Public Transit (w/in 6 blks); Tree Coverage - Light Owner Pays: Insurance; Lawn; Maintenance/Repair; Management; Repairs; Sewer; Taxes; Trash Collection; Water Parking Characteristics: Parking Lot; Paved Lot Pool Description: None Road Frontage: City Street; Curbs; Paved Streets; Sidewalks Road Responsibility: Public Maintained Road Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Stories: Two Tenant Pays: Cable TV; Electricity; Gas; Heat; Hot Water Unit 1 Amenities: Countertops-Granite; Hardwood Floors; Natural Woodwork; Porch; Tile Floors Unit 1 Appliances: Dryer; Range; Refrigerator; Washer Unit 1 Bath Description: Main Floor Full Bath Unit 1 Cooling: Window Unit 1 Family Room Characteristics: Main Level Unit 2 Amenities: Ceiling Fan(s); Hardwood Floors; Paneled Doors Unit 2 Appliances: Dryer; Range; Refrigerator; Washer Unit 2 Bath Description: Upper Level Full Bath Unit 2 Cooling: None Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
414900
ListPrice
414900
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
2517
Street Name
University
Street Suffix
Avenue
Street Direction Suffix
NE
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55418
Complex/Dev/Subdivision
B S Wrights Add

Assessments

Tax With Assessments
6760.7
Assessment Balance
0

Building Information

Finished SqFt Above Ground
2016

More Information

Income and Expenses

Annual Caretaker Expense
1500
Annual Gross Income
48600
Annual Insurance Expense
2600
Annual Maintenance Expense
400
Annual Repair Expense
800
Annual Trash Expense
1018
Annual Water/Sewer Expense
1527
Total Annual Expenses
1244
Annual Electric Expense
0
Annual Fuel Expense
0
Annual Gross Expenses
0

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
24
Section#
11
Township#
29

Unit 1

Furnished?
No
Lease Expiration Date
2026-05-31
Leased?
Yes
Level
Main Level
Unit Number
Yes
Annual Rent
23400
Finished SqFt
1200
Full Baths
Yes
Monthly Expense
50
Monthly Rent
1950
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
3
Total Rooms
7

Unit 2

Furnished?
No
Leased?
No
Level
2nd Level
Unit Number
2
Annual Rent
25200
Finished SqFt
1200
Full Baths
Yes
Monthly Expense
50
Monthly Rent
2100
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
3
Total Rooms
7

Unit Details

Total Units
2

Office/Member Info

Association
MAAR

Location, Tax and Other Information

Legal Description
BLOCK 010 B S WRIGHTS ADDN TO MPLS THAT PART OF LOTS 1 AND 2 LYING N OF THE S 45 FT THEREOF AND S OF THE N 42 FT THEREOF INCL ADJ VAC STREET
Listing City
Minneapolis
Map Page
92
Municipality
Minneapolis
School District
Minneapolis
School District Phone
612-668-0000
Property ID Number
1102924230049
Tax Year
2026
Tax Amount
6760.7
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
Fantastic NE Minneapolis duplex with great rents! $2100 upper unit and $1950 lower unit. Upper unit vacant, fresh paint, updated kitchen and ready to be occupied. Lower unit occupied with rental renewal May 31st. Renter would like to stay. 2 newer boilers. Storage shed included. Shared laundry in the basement. Close to restaurants shopping and more. This one won't last!
Directions
University Ave N, home on right.

Accessible

None
Yes

Amenities Shared

Common Laundry Facility
Yes

Basement

Unfinished
Yes

Construction Status

Previously Owned
Yes

Electric

100 Amp Service
Yes

Exterior

Stucco
Yes

Fencing

Chain Link
Yes

Foundation

Other
Yes

Fuel

Natural Gas
Yes

Heating

Boiler
Yes

Lot Description

Public Transit (w/in 6 blks)
Yes
Tree Coverage - Light
Yes

Owner Pays

Insurance
Yes
Lawn
Yes
Maintenance/Repair
Yes
Management
Yes
Repairs
Yes
Sewer
Yes
Taxes
Yes
Trash Collection
Yes
Water
Yes

Parking Characteristics

Parking Lot
Yes
Paved Lot
Yes

Pool Description

None
Yes

Road Frontage

City Street
Yes
Curbs
Yes
Paved Streets
Yes
Sidewalks
Yes

Road Responsibility

Public Maintained Road
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

No. of Ranges

Two
Yes

No. of Refrigerators

Two
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes
Gas
Yes
Heat
Yes
Hot Water
Yes

Unit 1 Amenities

Countertops-Granite
Yes
Hardwood Floors
Yes
Natural Woodwork
Yes
Porch
Yes
Tile Floors
Yes

Unit 1 Appliances

Dryer
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Unit 1 Bath Description

Main Floor Full Bath
Yes

Unit 1 Cooling

Window
Yes

Unit 1 Family Room Characteristics

Main Level
Yes

Unit 2 Amenities

Ceiling Fan(s)
Yes
Hardwood Floors
Yes
Paneled Doors
Yes

Unit 2 Appliances

Dryer
Yes
Range
Yes
Refrigerator
Yes
Washer
Yes

Unit 2 Bath Description

Upper Level Full Bath
Yes

Unit 2 Cooling

None
Yes
Listing Office: eXp Realty
IDX
Last Updated: May - 05 - 2026
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