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1320 University Avenue NE, Minneapolis, MN 55413

$314,900

  • For Sale
  • Active
  • Duplex
  • 1,600 Sq. Ft.
  • 2 Car Garage
1320 University Avenue NE, Minneapolis, MN 55413View this property at 1320 University Avenue NE, Minneapolis, MN 55413
1320 University Avenue NEMinneapolisMN55413
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Highly desirable up/down duplex in Sheridan. Hardwood floors, nice layouts, 2 car detached garage. Close to bus + restaurants + river. NOTE: Seller is going to perform an IRC Section 1031 tax deferred exchange by trading the property here in w/CPEC1031 LLC. Lower level unit rents for $900 w/a month to month lease. Upper level unit vacant. Rent was $900. Renters pay electric, gas and cable. Roof 11 years old. Sold as-is. Perfect for owner occupant or investor.

Full Property Details for 1320 University Ave NE

General

  • Price: $314,900
  • Taxes: $5,096 (2022)
  • Status: Active
  • Type: Duplex
  • MLS ID: 6198785
  • Updated: 6/12/2022
  • Added: 38 day(s) ago

Additional Information

  • Shared Rooms: Other

Parking

  • Garage: Yes
  • Garage Spaces: 2
  • Parking Features: Detached, Concrete, Garage Door Opener

Location

  • County: Hennepin
  • Neighborhood: Sheridan
  • Driving Directions: 94 to Broadway to University, N to property on left.

School Information

  • School District: 1 - Minneapolis
  • High School District: Minneapolis

Heating & Cooling

  • Heating Type: Forced Air, Baseboard
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)

Structural Information

  • Exterior Const.: Fiber Cement
  • Basement: Yes
  • Basement Desc.: Full, Daylight/Lookout Windows, Block, Shared Access
  • Foundation Size: 800
  • Roof: Asphalt, Pitched, Age Over 8 Years
  • Disability Access: None
  • Square Feet: 1,600
  • Above Ground: 800 Sq. Ft.
  • Year Built: 1907

Unit Information

  • Units w/Refrigerators: 2
  • Units w/Range/Oven: 2

Lot Features

  • Lot Size (Acres): 0.12
  • Lot Dimensions: 41 x 132
  • Frontage: City Street, Paved Streets, Curbs, Sidewalks, Street Lights
  • Zoning: Residential-Single Family
  • Lot Description: Heavy Tree Coverage

Financial Considerations

  • Operating Expenses: $1
  • Tax Amount: $5,096
  • Tax Year: 2022
  • Terms: Conventional, Cash
  • Owner Pays: Taxes, Repairs, Snow Removal, Grounds Care
  • Tenant Pays: Electricity, Fuel, Cable TV
  • Pays Cable: Tenant Pays
  • Pays Electric: Tenant Pays

Disclosures and Reports

  • Buyer’s Brokerage Compensation: 2.7%
  • Legal Description: BLOCK 007 MARSHALLS ADDN TO ST ANTHONY N 41 FT OF S 81 FT LOTS 1 AND 2
  • Property ID: 1402924230058

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— 1320 University Ave NE —

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Schools serving 1320 University Ave NE

School District:Minneapolis Public School District
RatingNameGradesDistance
NR
Webster Elementary School, Minneapolis, MN
425 5th St Ne, Minneapolis, MN 55413
PK-50.6 mi
2
Northeast Middle School
2955 Hayes St Ne, Minneapolis, MN 55418
6-82 mi
Disclaimer: School ratings provided by GreatSchools. Ratings are on a scale of 1-10. Learn more about GreatSchools ratings. School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1320 University Ave NE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/12/2022
Price Reduced
$314,900
-3.08%
MLS
5/23/2022
Listed
$324,900
—
MLS
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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1320 University Ave NE

Year
Property Taxes
Change
Tax Assessment
Change
2020
$5,071
9%
$283,500
12%
2019
$4,654
11%
$253,000
11%
2018
$4,181
17%
$228,000
20%
2017
$3,561
7%
$190,000
10%
2016
$3,335
10%
$172,500
15%
2015
$3,044
2%
$150,000
10%
2014
$2,981
4%
$136,500
5%
2013
$2,855
—
$130,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Community Info for 1320 University Ave NE

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1320 University Avenue NE, Minneapolis, MN 55413 (MLS# 6198785) is a Duplex property with 0 bedrooms and 0 full bathrooms. 1320 University Avenue NE is currently listed for $314,900 and was received on May 19, 2022. This property is listed by Christopher Willette from our Edina Regional Office.Want to learn more about 1320 University Avenue NE? Do you have questions about finding other Duplex real estate for sale in Minneapolis? You can browse all Minneapolis real estate or contact a Coldwell Banker agent to request more information.

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