About This Home

This 0-bedroom, 0-bathroom commercial at 1005 University Avenue SE in Minneapolis, MN is listed for $724,900. Built in 1900, on a 0.17 acres lot.

Key Features

  • Built in 1900
  • 0.17 acre lot

Property Details

1900
Listing Description

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, offer

ing 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.

Monthly Cost Estimate

$3,877/mo

20% down · 6.5% · 30 years

Principal$524
Interest$3,141
Insurance$211

Estimates only. Actual payments may vary.

Location

1005 University Avenue SE

Minneapolis, MN 55414

Saint Anthony Falls

Property Details

Parking

Parking Lot

Heating

Hot Water(Heating)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1005 University Avenue SE is listed at $724,900. The estimated monthly payment is $3,876 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.17 acre lot.

This property is listed by Eda Rivers.

ER

Eda Rivers

Agent at Compass Minnesota, LLC

Listed by Compass Minnesota, LLC · Broker phone: (952) 213-1631 · Broker website

MLS# 7159629· Source: Northstar MLS· 17 days on PropertySimple

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1005 University Avenue SE, Minneapolis, MN 55414

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