$724,900$
1005 University SE Avenue
Minneapolis, MN, 55414
About 1005 University SE Avenue
Iconic Corner Location Offering Income Today and Redevelopment Potential
1005 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 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.
Listing Provided Courtesy of Compass
1005 University SE Avenue Property Details
Price:
$724,900
MLS #:
NST7159629
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subdivision:
Saint Anthony Falls
Neighborhood:
marcyholmes
Listed Date:
Oct 14, 2026
Total Sq Ft:
7,440
Lot Size:
7,405 sqft / 0.17 acres (approx)
Year Built:
1900
Schools
School District:
Minneapolis
Interior Features
Heating
Boiler, Hot Water
Levels
Three Or More
Exterior & Lot Features
Accessibility Features
None
Exterior Features
Wood
Parking Features
Parking Lot
Property Taxes & Financial Details
Maintenance Fee
$2,911
Tax Year
2026
Taxes
$16,346
Location
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1005 University SE Avenue
Minneapolis, MN
