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.
Active with contingency
$330,000
45 University Ave SE UNIT 314, Minneapolis, MN 55414
1beds
866sqft
Est.:
High Rise
Built in 2006
-- sqft lot
$-- Zestimate®
$381/sqft
$634/mo HOA
What's special
- 22 days
- on Zillow |
- 862 |
- 41 |
Zillow last checked: 7 hours ago
Listing updated: July 26, 2025 at 10:21am
Listed by:
Mitra Rahimi 612-718-1239,
Verve Realty,
Scott Parkin 612-310-8247
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6756340

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Rooms
- Room types: Living Room, Kitchen, Bedroom 1, Primary Bathroom, Deck
Bedroom 1
- Level: Main
- Area: 170 Square Feet
- Dimensions: 17x10
Primary bathroom
- Level: Main
- Area: 100 Square Feet
- Dimensions: 10x10
Deck
- Level: Main
- Area: 32 Square Feet
- Dimensions: 8x4
Kitchen
- Level: Main
- Area: 104 Square Feet
- Dimensions: 13x8
Living room
- Level: Main
- Area: 247 Square Feet
- Dimensions: 19x13
Heating
- Baseboard
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Refrigerator, Washer
Features
- Basement: None
Interior area
- Total structure area: 866
- Total interior livable area: 866 sqft
- Finished area above ground: 866
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Attached, Concrete, Garage Door Opener, Heated Garage, Insulated Garage, Secured, Underground
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Doors 36"+, Accessible Elevator Installed
Features
- Levels: One
- Stories: 1
- Patio & porch: Glass Enclosed
- Fencing: None
Lot
- Features: Near Public Transit
Details
- Foundation area: 866
- Additional parcels included: 2302924130739
- Parcel number: 2302924130655
- Zoning description: Residential-Single Family
Construction
Type & style
- Home type: Condo
- Property subtype: High Rise
- Attached to another structure: Yes
Materials
- Other, Concrete
- Roof: Rubber
Condition
- Age of Property: 19
- New construction: No
- Year built: 2006
Utilities & green energy
- Electric: Circuit Breakers, Power Company: Xcel Energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & HOA
Community
- Security: Fire Sprinkler System, Secured Garage/Parking
- Subdivision: Cobalt Condominiums
HOA
- Has HOA: Yes
- Amenities included: Car Wash, Concrete Floors & Walls, Elevator(s), Fire Sprinkler System, Lobby Entrance, Security
- Services included: Air Conditioning, Maintenance Structure, Cable TV, Gas, Hazard Insurance, Heating, Internet, Lawn Care, Maintenance Grounds, Professional Mgmt, Trash, Security, Shared Amenities, Snow Removal
- HOA fee: $634 monthly
- HOA name: First Service Residential
- HOA phone: 952-277-2700
Location
- Region: Minneapolis
Financial & listing details
- Price per square foot: $381/sqft
- Annual tax amount: $4,195
- Date on market: 7/18/2025
- Loading