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1005 University Avenue Se, Minneapolis, MN 55414

$724,900
SQUARE FEET 7,440
MLS# 7159629
  • 1005 University Avenue Se, Minneapolis, MN 55414 Main Photo

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STATUS: Active
PROPERTY TYPE: Commercial - Business
SUBDIVISION: Saint Anthony Falls
SCHOOL: Minneapolis

Property Description

Iconic Corner Location Offering Income Today and Redevelopment Potential1005 University Avenue SE presents a rare opportunity to acquire an income-producing multifamily property on a prominent corner near the University of Minnesota. The approximately 7,405-square-foot site currently features a distinctive Victorian-style nine-unit building, offering investors the ability to maintain rental income while evaluating renovation, repositioning, or future redevelopment strategies.Located near campus, Dinkytown, transit, dining, and neighborhood amenities, the property benefits from strong visibility and consistent demand within one of Minneapolis' most active university-area rental markets. This offering may appeal to multifamily investors, student-housing operators, and developers seeking a well-located urban infill opportunity with both current income and long-term upside. Any redevelopment potential is subject to zoning, city approvals, and buyer verification.

1005 University Avenue Se | MLS# 7159629

This commercial property located at 1005 University Avenue Se, Minneapolis, MN 55414 is currently listed for sale with an asking price of $724,900. University Avenue Se is located within the Minneapolis school district. Search Minneapolis real estate on www.counselorrealestate.com today.

Property Features

Property Type: Commercial - Business
Fuel Type: Other
Heating: Boiler, Hot Water
Lot Size: 0.17 Acres
Stories: 3.0
Taxes: $16,346
Year Built: 1900

Feature Descriptions

Current Use: Residential
Days on Site: 4
Foundation Size: 2734
Lot Dimensions: 76 x 95
Owners Expense: All Utilities, Trash Collection, Water
Parcel#: 2402924310052
Parking: Parking Lot
Sale Includes: Building
Sewer: City Sewer/Connected
Tenant Expenses: Broadband, Cable TV
Units: 9
Utilities: Electric Common, Heating Common, Hot Water Common
Water: City Water/Connected

Local Schools

School District: Minneapolis

Listed By / Shown By

Listed By

Agency Name: Compass
Agency Phone: 952-283-0897

Shown By

Agency Title: Counselor Realty
Agency Phone: 612-405-8404

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