1510 University Avenue NE - Photo 1
1 / 14
1510 University Avenue NE
1510 University Avenue NE
1510 University Avenue NE
1510 University Avenue NE
1510 University Avenue NE

1510 University Avenue NE, Minneapolis, MN 55413 - MLS# 7166563

MLS® #: 7166563|Days on Market: 12|Listed: Oct 30, 2026

$259,900

Bedrooms
2
Bathrooms
1
Square Feet
934
Acres
0.17
Year Built
1912
Property Type
Residential
Heating
Natural Gas, Gravity
Cooling
Central Air
Days on Market
12
School District
1 - Minneapolis

Investors dream!

Completely renovated rental home in high demand Northeast Minneapolis. Instant cash flow as currently leased through July 2027. Ideally situated along University Avenue in the heart of the Sheridan neighborhood. Close to U of M campus, local restaurants, neighborhood shops, parks, and unique destinations that make Northeast such a sought-after place to call home.

1510 University Avenue NE, Minneapolis, MN 55413

Text Us About This Home

Watch this home

Get an email if the price drops. No account needed.

Ask an Agent

Interior Information

BasementBlock, Crawl Space
AppliancesDishwasher, Dryer, Range, Refrigerator, Washer
CoolingCentral Air
HeatingGravity
FuelNatural Gas
LaundryMain Level

Size & Levels

LevelsOne and One Half
Total Finished Sq Ft934 sq ft
Above Grade Finished934 sq ft
Main Level Finished934 sq ft
Total Area (incl. unfinished)1,084 sq ft

Bathrooms

Full Baths1

Exterior & Parking

ExteriorVinyl
RoofAge Over 8 Years
FoundationBlock
ParkingOther

Lot & Utilities

Property SubtypeSingle Family
Lot Size0.17 acres
Lot Dimensions45x165
ZoningResidential-Single Family
SubdivisionBottineaus 2nd Add Town Of St Anth
TownshipMinneapolis
CountyHennepin
SewerCity Sewer/Connected
WaterCity Water/Connected

Financial & Tax Information

Annual Taxes$3,350
Tax Year2026
Tax w/ Assessments$3,350
Assessment PendingNo
Parcel Number1402924220074
Financing OptionsConventional, VA, FHA, Cash, Other
List TypeExclusive Right To Sell

Location

Call 612-356-2121For Showings and Questions

Neighborhood at a Glance

In this neighborhood, homes were most commonly built in 1939 or earlier, about 32% of occupied homes are owner-occupied, and the average commute is 20 minutes.

Cost of Ownership

Median home value

$360,800

Similar to the Minneapolis median

The midpoint of estimated values for owner-occupied homes.

Median property taxes paid

$4,250/yr

Similar to the Minneapolis median

The midpoint of annual property taxes paid by homeowners.

Typical monthly owner costs (with mortgage)

$2,099/mo

Similar to the Minneapolis median

Median monthly housing costs for owners with a mortgage.

Typical monthly owner costs (no mortgage)

$794/mo

Lower than the Minneapolis median

Median monthly housing costs for owners without a mortgage.

Median rent

$1,669/mo

Higher than the Minneapolis median

The midpoint of monthly gross rent, including utilities.

Homes in the Area

Owner-occupied homes

32%

Lower than Minneapolis overall

The share of occupied homes lived in by their owners.

Median year built

1962

Newer than the Minneapolis median

The midpoint of years when homes in the area were built.

Home age by decade

The share of homes built during each period.

  • 2020 or later7%
  • 2010-201916%
  • 2000-200910%
  • 1939 or earlier40%

Types of homes

The share of housing units in each building type.

  • Single-family detached28%
  • 2-4 units27%
  • 5+ units42%

Getting Around

Average commute

20 min

Lower than the Minneapolis median

The average one-way travel time to work for commuters.

How people get to work

The share of workers using each listed way to get to work.

  • Drive alone55%
  • Walk or bike9%
  • Work from home21%

Homes with broadband

97%

Higher than Minneapolis overall

The share of households with a broadband internet subscription.

Estimates for the surrounding census tract, not this specific home.

Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Schools

Minneapolis Public School District

This home is in the Pillsbury Elementary, Northeast Middle and Edison High attendance areas of Minneapolis Public School District.

Elementary

Pillsbury Elementary

Grades PK-5 · 1.5 mi away

Enrollment
439
Students per teacher
10.5

2250 Garfield St NE, Minneapolis, MN 55418

(612) 668-1530

Middle

Northeast Middle

Grades 6-8 · 1.9 mi away

Enrollment
541
Students per teacher
14.2

2955 NE Hayes St, Minneapolis, MN 55418

(612) 668-1500

High

Edison High

Grades 9-12 · 0.7 mi away

Enrollment
865
Students per teacher
13.5

700 22nd Ave NE, Minneapolis, MN 55418

(612) 668-1300

School assignments can change. Verify enrollment with Minneapolis Public School District.

Sources: Minnesota Department of Education attendance areas (2025-26); NCES Common Core of Data 2024 via the Urban Institute Education Data Portal.

Questions and Answers

How much is 1510 University Avenue NE?

1510 University Avenue NE in Minneapolis, MN, is listed at $259,900 as of Nov 11, 2026 ($278 per finished square foot and 12 days on market).

What school district is 1510 University Avenue NE in?

Minneapolis Public School District. It is in the attendance areas for Pillsbury Elementary (grades PK-5, 1.5 mi), Northeast Middle (grades 6-8, 1.9 mi) and Edison High (grades 9-12, 0.7 mi), according to Minnesota Department of Education 2025-26 boundaries. Assignments can change, so confirm enrollment with the district.

What are the property taxes for 1510 University Avenue NE?

Property taxes are $3,350 for 2026. No special assessments are pending.

Does 1510 University Avenue NE have an HOA fee?

No. The listing shows no homeowners association fee.

What is the commute like from 1510 University Avenue NE?

The average one-way commute for the surrounding area is 20 minutes, compared with 24 minutes for the Twin Cities metro. About 55% of workers drive alone. Source: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates for the surrounding census tract.

What does it cost to own a home near 1510 University Avenue NE?

In the surrounding census tract, the median home value is $360,800 and the median property tax bill is $4,250 a year; typical owner costs with a mortgage are $2,099 a month. These are area estimates, not figures for this home.

How do I schedule a showing of 1510 University Avenue NE?

Call Pederson Realty anytime at 612-356-2121 to ask about this home, schedule a showing, or be connected to an agent. You can also contact the agent shown on this page or use the Tour in Person button. We can usually set up a showing within a day.

Broker Reciprocity logo
Listed by: Pemberton RE
Source: NorthstarMLS

Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved. Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity℠ Program of the Regional Multiple Listing Service of Minnesota, Inc. Real estate listings held by brokerage firms other than Pederson Realty are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.