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516 University Ave SE
Minneapolis, MN 55414 Marcy-Holmes

Price Upon Request

Apartments For Sale  •  17,067 SF

Property Details

  • Property Type Apartments
  • Total Building Size 17,067 SF
  • Lot Size 0.5 AC
  • Building Class C
  • Year Built 1923
  • Zoning R5
80 Transit Score
90 Walk Score

Highlights

First Time Offered in 47 Years – Rare opportunity to acquire a long-held, pride-of-ownership asset.
Situated in the sought-after Saint Anthony Main/Marcy-Holmes neighborhood
23 Spacious Units – Predominantly two-bedroom floorplans with desirable layouts and abundant natural light.
Well-Maintained Asset – Significant capital improvements including a new boiler (2015) and a brand-new roof (2025).
Original details such as hardwood floors and French doors preserved alongside refreshed kitchens and renovated bathrooms
Ample Parking & Outdoor Space – Oversized 0.5-acre lot with 35 surface spaces plus a private backyard patio for residents.

Amenities

  • Tile Floors
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Range

Public Transportation

Commuter RailDriveWalkDistance
Target Field Station (Northstar Corridor - Northstar Commuter Rail) 7 min - 2.0 mi
Fridley Station (Northstar Corridor - Northstar Commuter Rail) 16 min - 7.9 mi
AirportDriveWalkDistance
Minneapolis-St Paul International/Wold-Chamberlain 21 min - 10.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 25
Type: Surface
Included in Rent: Yes