# 1005 University Avenue SE, Minneapolis, MN 55414

> **TL;DR:** commercial, $724,900, built 1900. Est. $3,876/mo. Listed 18 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $724,900 |
| Year Built | 1900 |
| Lot Size | 7,405 sqft (0.17 acres) |
| Property Type | Commercial (Apartment) |
| Status | Active |
| Days on Market | 18 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $3,665 |
| Estimated Insurance | $211 |
| **Total** | **$3,876** |

## Property Highlights

- Built in 1900
- 0.17 acre lot

## Description

### Agent 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, 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.

## Location

- **Address:** 1005 University Avenue SE, Minneapolis, MN 55414
- **County:** Hennepin
- **Neighborhood:** Saint Anthony Falls
- **Coordinates:** 44.981816, -93.241686
- **Google Maps:** https://www.google.com/maps?q=44.981816,-93.241686

## Listing Agent

- **Name:** Eda Rivers
- **Brokerage:** Compass Minnesota, LLC
- **Broker Phone:** (952) 213-1631

## Photos

![1005 University Avenue SE - Photo 1](http://lh.rdcpix.com/90b8c27252d55160f71b1ccec9f69659l-f1553201752r.jpg)

![1005 University Avenue SE - Photo 2](http://lh.rdcpix.com/90b8c27252d55160f71b1ccec9f69659l-f698090022r.jpg)

---

**MLS#:** 7159629 | **Updated:** 2026-10-29
**Source:** listhub

*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.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/1005-university-avenue-se-minneapolis-mn-55414-d8120ce3fa5e42a8abc7e2bd6f13f3af)

---

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