Multi-story gray house with a deep front porch, framed by leafy trees.
Aerial parcel map marking 1005 University Avenue SE in Minneapolis.
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Courtesy of Compass, Eda Rivers Listing Contact:  
$724,900

1005 University Avenue SE

7,440 Sq.Ft. 7,405.2 Sq.Ft.

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.

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Location

1005 University Avenue SE, Minneapolis, MN 55414

Status

For Sale
Eda Rivers

Eda Rivers

TITLE

REALTOR®

Property Amenities

Area & Lot
Total area 7,440 Sq.Ft.
Lot Area 7,405.2 Sq.Ft.
Living area 7,440 Sq.Ft.
MLS® ID 7159629
Year Built 1900
School District Minneapolis
Type Commercial
Status For Sale
Exterior
Stories 3
Heat type Boiler, Hot Water
Disability Features None
Water Source City Water/Connected
Sewer City Sewer/Connected
Parking Parking Lot
Utilities Electric Common, Heating Common, Hot Water Common
Finance
Sales Price $724,900
Maintenance Fee $2,911 monthly
Real Estate Tax $16,346 yearly
Aerial parcel map marking 1005 University Avenue SE in Minneapolis.

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Thank you for your interest in 1005 University Avenue SE, Minneapolis, MN 55414. We are reviewing your request and will be in touch shortly!

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South Minneapolis

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