This beautifully updated & ultra-convenient condo is connected to Lunds & Caribou Coffee via private condo lobby access. Updated w/freshly painted woodwork and new KitchenAid appliances, it features floor-to-ceiling windows, balcony, full-size laundry, heated parking, & storage. Its smart floor plan features separate bedrooms, large ensuite primary, & an efficient layout — allowing approachable pricing while still feeling spacious. HOA is financially sound w/$2 million reserves & never a special assessment. Dues include everything but electric (avg $60/mo.) On-site caretaker & manager are experienced, friendly, & extremely attentive. 5 guest stalls. This popular European-style walking neighborhood in NE Minneapolis' Old Town Business District is nestled amongst parks, the Riverfront, shops, restaurants, & historic charm. Escape the hustle & bustle on the downtown side of the river & enjoy the same great award-winning cuisine & urban amenities in this more intimate setting.
Closed
$480,000
45 University Ave SE UNIT 501, Minneapolis, MN 55414
2beds
1,200sqft
High Rise
Built in 2006
-- sqft lot
$496,600 Zestimate®
$400/sqft
$2,180 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 06, 2025 at 02:31pm
Listed by:
Scott Parkin 612-310-8247,
Verve Realty
Bought with:
Kent Meister
Keller Williams Classic Realty
Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6507859

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
Bedroom 1
- Level: Main
- Area: 255 Square Feet
- Dimensions: 17 x 15
Bedroom 2
- Level: Main
- Area: 140 Square Feet
- Dimensions: 14 x 10
Dining room
- Level: Main
Kitchen
- Level: Main
- Area: 192 Square Feet
- Dimensions: 16 x 12
Living room
- Level: Main
- Area: 160 Square Feet
- Dimensions: 16 x 10
Heating
- Baseboard
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
Features
- Basement: None
Interior area
- Total structure area: 1,200
- Total interior livable area: 1,200 sqft
- Finished area above ground: 1,200
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Parking features: Assigned, Attached, Garage Door Opener, Heated Garage, Secured, Underground
- Attached garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Doors 36"+, Accessible Elevator Installed, No Stairs Internal
Features
- Levels: One
- Stories: 1
Details
- Foundation area: 1200
- Additional parcels included: 2302924130744
- Parcel number: 2302924130673
- Zoning description: Other
Construction
Type & style
- Home type: Condo
- Property subtype: High Rise
- Attached to another structure: Yes
Materials
- Other, Concrete
- Roof: Flat
Condition
- Age of Property: 19
- New construction: No
- Year built: 2006
Utilities & green energy
- Gas: Natural Gas
- Sewer: City Sewer/Connected
- Water: City Water/Connected
Community & neighborhood
Security
- Security features: Fire Sprinkler System, Secured Garage/Parking
Location
- Region: Minneapolis
- Subdivision: Cobalt Condominiums
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $824 monthly
- Amenities included: Elevator(s), Fire Sprinkler System, Security
- Services included: Air Conditioning, Maintenance Structure, Cable TV, Hazard Insurance, Heating, Internet, Maintenance Grounds, Parking, Professional Mgmt, Trash, Water
- Association name: FirstService Residential
- Association phone: 952-277-2700
Services availability

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