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$330,000

45 University Ave SE Unit 314 Minneapolis, MN 55414

1 bed
1 full
866 sqft
$381 / sqft
Condo

Property details

About 45 University Ave SE Unit 314

Live where the action is—right above Lunds & Byerlys in the heart of Northeast Minneapolis’ iconic Old Town Business District. This fresh, east-facing 1-bedroom condo is filled with morning sunrises and natural light that lasts all day, thanks to floor-to-ceiling windows and a smart, open layout that maximizes every inch of space. The kitchen features stainless appliances, new pendant lights, sleek cabinet hardware, and a generous island with excellent storage and prep space. Step out onto your private balcony for a breath of fresh air, neighborhood charm, and partial downtown views. The bedroom includes a custom-organized walk-in closet, plus there’s an additional private storage locker. Enjoy heated underground parking, pet-friendly living, and the peace of mind that comes with a professionally managed, well-funded association—with over $1M in reserves and no history of special assessments. From the riverfront to trendy restaurants, classic Minneapolis bars, cafes, galleries, and parks, everything you love about Northeast is just outside your door—with the North Loop just a scenic stroll across the river. Whether you're a first-time buyer, downsizer, or weekday/weekend city-dweller, this is urban living done right.

Highlights

Home typeCondominium
HeatingBaseboard
StatusActive
CoolingCentral Air
Size866 sqft
Year built2006
ParkingAssigned, Attached Garage, Concrete, Garage Door Opener, Heated Garage, Insulated Garage, Secured, Underground
MLS #6756340
Attached garage1 space

Summary

  • Full Bathrooms: 1
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • Basement: No
  • Total Bedroom Count: 1
  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Assigned, Attached Garage, Concrete, Garage Door Opener, Heated Garage, Insulated Garage, Secured, Underground
  • Heating: Baseboard
  • Cooling: Central Air
  • List Price: $330,000
  • Price/SqFt: $381
  • HOA Amount: $634 Monthly
  • Annual Tax Amount: $3,824
  • Tax Year: 2023
  • Directions: Across the river from Downtown Minneapolis at Central Ave and University.
  • Year Built: 2006
  • Living Area: 866 SqFt
  • MLS Number: 6756340
  • MLS Name: NORTHSTAR
  • Office Name: Verve Realty

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Price information

Property sales

DateEventPrice
Aug 19, 2020
Home Sold
$320,000
Sep 04, 2012
Home Sold
$264,900

Tax history

YearAssessmentProperty Tax
2023$293,000$3,824
2022$318,000$4,183
2021$327,500$4,538
2020$327,500$4,313
2019$321,589$4,671
2018$307,640$4,607
2017$285,295$4,302

History based on county public records data.

Nearby schools

3

Webster Community School

Public District PK-5

0.5 mi

425 5th St NE

1

Sheridan Elementary School

Public Magnet PK-5

0.9 mi

1201 University Ave NE

4

Twin Cities International Schools

Public Charter KG-4

1.4 mi

277 12th Ave N

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

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

How much money do the neighbors make?

10%
<35k
38%
35k-100k
27%
100k-200k
25%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

65%
Single, No Kids
2%
Single, with Kids
30%
Married, No Kids
3%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

5%
<11 yrs old
1%
12-17 yrs old
29%
18-34 yrs old
51%
35-64 yrs old
14%
65+ yrs old

What do the neighbors do for fun?

  • Live TheatreLive Theatre
  • Hiking/backpackingHiking/backpacking
  • Music ConcertsMusic Concerts

Where do the neighbors shop?

  • BloomingdalesBloomingdales
  • H&MH&M
  • Crate & BarrelCrate & Barrel

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • StarbucksStarbucks
  • ChipotleChipotle

What do the neighbors drive?

  • MercedesMercedes
  • AudiAudi
  • VolkswagenVolkswagen

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
All data provided by Home Junction and Claritas

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Frequently asked questions

About 45 University Ave SE Unit 314

The listing price of 45 University Ave SE Unit 314 property is $330,000.

The property 45 University Ave SE Unit 314 is a condo located in Minneapolis, Minnesota, 55414.

Active Listing: 45 University Ave SE Unit 314 is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 45 University Ave SE Unit 314 are: Webster Community School (GreatSchools Rating 3/10), Sheridan Elementary School (GreatSchools Rating 1/10), Twin Cities International Schools (GreatSchools Rating 4/10), New City School (GreatSchools Rating 4/10), Mn International Middle Chr School (GreatSchools Rating 2/10), Yinghua Academy (GreatSchools Rating 8/10), Stadium View (GreatSchools Rating 1/10), Mts Pease Academy (GreatSchools Rating 3/10), Fair Senior High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2023 is $3,824 (source: MLS/based on county public records data).

The last sale was on August 19, 2020 for $320,000 (source: MLS/tax record).

The property at 45 University Ave SE Unit 314 has 1 bedroom and 1 bathroom.

The property 45 University Ave SE Unit 314 is 866 SqFt (source: MLS/tax record).

The year of construction for 45 University Ave SE Unit 314 is 2006.

This home is located at 45 University Ave SE Unit 314 in Minneapolis, MN and zip code 55414 in the Nicollet Island / East Bank neighborhood. This 866 square foot home was built in 2006. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since July 18, 2025 and is currently priced at $330,000.

In June 2025, from all listings sold in Minneapolis, MN there were more than 634 sold above asking price, over 363 sold below and more than 245 were sold right at the asked price. Between May and June 2025, Minneapolis, MN real estate market has seen increase in the number of listings by 3.4%. In June 2025 median list price was $359,091 and the average listing age was 23 days.

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

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