Property for Sale in Minneapolis
612 University SE Avenue
Minneapolis, MN 55414

Price
$1,100,000

MLS #
7127269

Status
Active


Request Showing

Property Details

Year Built
2000

Parking Features
Off Site,Paved Lot

Acres
0.29

Zoning
Residential-Multi-Family

2026 Property Taxes
$22,011

School District
Minneapolis

County
Hennepin


Seller is open to creative financing options, including financing some or all of the buyer’s down payment. Flexible terms and structures will be considered for a qualified buyer. All five units are currently leased, generating immediate income. Unit #101 is leased month-to-month, offering the potential for owner occupancy or repositioning while maintaining stable cash flow from the remaining units. New roof (2018), all-new HVAC systems (2023–2026), new lobby flooring (2025), and new tenant storage lockers (2025) reduce near-term capital expenditure needs. Estimated market rents indicate approximately $29,196 in additional annual rental income (+29.2%). Three units have already been renovated, one is partially updated, and one remains in original condition, providing a clear path to increased cash flow and value. Buyer and Buyer's Agent to verify square footage.


From 35W, exit on SE 4th Street and head West to 6th Ave SE and turn Left. Go one block to University and turn Left. Property will be on your right.


From 35W, exit on SE 4th Street and head West to 6th Ave SE and turn Left. Go one block to University and turn Left. Property will be on your right.

Features


Utilities
Electric Separate

Cooling
Central Air

Heating
Forced Air

Sewer
City Sewer/Connected

Water
Public

Lot Size
76x165

Foundation
Other,Slab

Additional Info


Includes
Dishwasher,Exhaust Fan,Freezer,Range,Refrigerator,Stainless Steel Appliances

Listed By
Adam Hunt of Fuze Real Estate

Listed
08/14/26 and last updated 08/14/26

northstar Logo

Based on information submitted to the MLS GRID or Trestle as of DATE and TIME. All data is obtained from various sources and may not have been verified by the broker, MLS GRID, or Trestle. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Similar Listings