$1,850,000$
4927 University NE Avenue
Columbia Heights, MN, 55421
About 4927 University NE Avenue
Two-building, 22-unit multifamily offering in Columbia Heights: 4927 and 4935 University Ave NE, with 11 units in each building and an on-site caretaker in place. The seller has completed multiple unit turnovers and renovations since mid-2025, installed a new water heater at 4935, and reset rents on several units. Monthly collections have trended up since spring 2026. Current rents run from about $900 to $1,250 per unit, leaving room for rent growth, professional management and continued unit upgrades. Sold as-is. Buyer to verify all information, including income, expenses and insurability. Offering materials available to qualified buyers on request.
Listing Provided Courtesy of Peritus Real Estate
4927 University NE Avenue Property Details
Price:
$1,850,000
MLS #:
NST7165627
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subdivision:
Roslyn Park
Listed Date:
Nov 4, 2026
Total Sq Ft:
14,280
Lot Size:
10,454 sqft / 0.24 acres (approx)
Year Built:
1961
Schools
School District:
Columbia Heights
Interior Features
Appliances
Range, Refrigerator
Flooring
Carpet, Luxury Vinyl Plank
Heating
Boiler, Radiator
Levels
Two
Exterior & Lot Features
Accessibility Features
None
Construction Materials
Frame
Exterior Features
Brick Veneer, Stucco
Lot Features
Tree Coverage – Light
Parking Features
Parking Lot
Roof
Age Over 8 Years
Property Taxes & Financial Details
Maintenance Fee
$36,339
Tax Year
2026
Taxes
$32,429
Location
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Copyright 2026. All rights reserved.
4927 University NE Avenue
Columbia Heights, MN
