new - 1 day on rocket

45 University Ave SE Unit 302, Minneapolis, MN, 55414

$399,900

Home List Price

$4,749*

Closing Credit

1 Bedroom
1 Full Bath
1,076 SqFt
$372/SqFt
Condo

Location

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45 University Ave SE Unit 302, Minneapolis$399,900

Buyer Closing Credits

$4,749*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Heated Garage, Underground
Garage1 space
Year Built2006
HeatingBaseboard, Hot Water
CoolingCentral Air
MLS #6645716
StatusActive

About 45 University Ave SE Unit 302

Experience urban living at its finest in the heart of NE Minneapolis’ vibrant Old Town Business District. Located above Lunds & Byerlys, this extra-large 1-bedroom condo offers unbeatable convenience and modern elegance. Enjoy expansive floor-to-ceiling windows, sleek contemporary finishes, a built-in home office, and a private balcony perfect for morning coffee or evening sunsets.The thoughtfully designed layout includes a spacious walk-in closet with custom shelving, a kitchen pantry, and additional private storage. Heated underground parking ensures your comfort year-round. Nestled in one of the most walkable and exciting neighborhoods in the city. You’ll be steps from parks, the riverfront, boutique shops, renowned restaurants, and rich historic charm. The Cobalt building is impeccably maintained, featuring an experienced on-site management team, a dedicated caretaker, and robust financial reserves with no history of special assessments. Pet-friendly and designed for comfortable living, this home is perfect for anyone seeking the best of city living.

Property Details

Property Features

Property Information:

  • Year Built: 2006
  • Living Area: 1,076 SqFt

Listing Office:

  • Office Name: Verve Realty

Interior Features

Interior Information:

  • Appliances: Dishwasher, Double Oven, Microwave, Range, Refrigerator, Stainless Steel Appliances, Washer
  • Basement: No

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: No
  • Parking: Assigned, Heated Garage, Underground

Utilities

Utilities Information:

  • Heating: Baseboard, Hot Water
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Park on street on University Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,900
  • Price Per SqFt: $372/SqFt

HOA Fees:

  • Amount: $772
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $4,305
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Minneapolis, MN.

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Minneapolis, MN

City

Med. Sold Price

$350K

Med. Price/SqFt

$202

Avg. Days On Market

40

# of Sold Homes

875

45 University Ave SE Unit 302 vs Minneapolis

1 DAY ON ROCKET

-39 Days

$399,900

+$49.9K More

$372/SqFt

+$169 More

KEY TAKEAWAY

This property is $49.9K more than the Median Sold Price and $169/SqFt more than other homes in Minneapolis, MN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NORTHSTAR
  • MLS Number: #6645716

Listing Office:

  • Office Name: Verve Realty

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Last updated on: 1/10/2025, 5:22:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 08, 2017Home Sold
$375,000
May 10, 2007Home Sold
$277,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,305$327,000
2019$4,765$328,129
2018$4,696$313,635
2017$4,383$290,745

History based on county public records data.

Payment Calculator

$2,835

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,265

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1759956
3
/10

  • Webster Community School

  • 425 5th St NE

  • 0.47 miles

  • Public District Grades PK-5

school-card-donut-1759957
1
/10

  • Sheridan Elementary School

  • 1201 University Ave NE

  • 0.93 miles

  • Public Magnet Grades PK-5

school-card-donut-1759958
4
/10

  • Twin Cities International Schools

  • 277 12th Ave N

  • 1.37 miles

  • Public Charter Grades KG-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $103,872. Residents of Minneapolis, MN typically earn between $35k-100k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 45 University Ave SE Unit 302

What is the listing price of this property?

The listing price of 45 University Ave SE Unit 302 property is $399,900.

What type of property is this?

The property 45 University Ave SE Unit 302 is a condo located in Minneapolis, Minnesota, 55414.

Is this property for sale now?

Active Listing: 45 University Ave SE Unit 302 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,305 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 8, 2017 for $375,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 45 University Ave SE Unit 302 has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 45 University Ave SE Unit 302 is 1,076 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 45 University Ave SE Unit 302 is 2006.

Rocket Homes›Minnesota›Hennepin County›Minneapolis›55414›45 University Ave SE Unit 302

This home is located at 45 University Ave SE Unit 302 in Minneapolis, MN and zip code 55414 in the Nicollet Island / East Bank neighborhood. This 1,076 square foot home was built in 2006. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since January 09, 2025 and is currently priced at $399,900.

In December 2024, from all listings sold in Minneapolis, MN there were more than 289 sold above asking price, over 405 sold below and more than 179 were sold right at the asked price. The number of listings in Minneapolis, MN decreased by 11.9% between November 2024 and December 2024. In December 2024, listings were on the market for 40 days. During the same period, the median list price in this real estate market was $350,000.

From Rocket Homes Real Estate and based on county public records data.

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