ACTIVE

Multi-Family

$724,900

1005 University Avenue, Minneapolis MN 55414

Property information

Beds

—

Baths

N/A

Sq Ft

—

Year Built

1900

Property Type

Apartments/Multi Family

Acres

0.17

County

Hennepin

Waterfront

No

Waterfront View

—

Waterfront Feet

—

Water Body

—

Parking

0

Basement

—

Price/Sqft

—

Stories

Three Or More

Pool

—

HOA Fee

N/A

Updated

6 D AGO

List Date

10/14/2026

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.