Property for Sale in Minneapolis
1005 University SE Avenue
Minneapolis, MN 55414

Price
$724,900

MLS #
7159629

Status
Active


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Property Details

Year Built
1900

Square Feet
7,440

Parking Features
Parking Lot

Acres
0.17

Zoning
Residential-Multi-Family

2026 Property Taxes
$16,346

School District
Minneapolis

County
Hennepin


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.


From I-35W, take Exit 18 for University Avenue/4th Street SE. Head east on University Avenue SE to 10th Avenue SE. Property is on the left at the northeast corner, 1005 University Avenue SE.


From I-35W, take Exit 18 for University Avenue/4th Street SE. Head east on University Avenue SE to 10th Avenue SE. Property is on the left at the northeast corner, 1005 University Avenue SE.

Features


Utilities
Electric Common,Heating Common,Hot Water Common

Heating
Boiler,Hot Water

Sewer
City Sewer/Connected

Water
Public

Lot Size
76 x 95

Foundation
Stone

Additional Info


Listed By
Eda Rivers of Compass

Listed
10/13/26 and last updated 10/13/26

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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.

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