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1005 University Avenue SE
Minneapolis MN 55414 US

$724,900

Active Listing ID 7159629
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Lot: 0.17 Acres
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Apartment

$724,900

Active Listing ID 7159629
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1005 University Avenue SE 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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Property Features

  • Facts
  • Lot Size: 0.17 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Apartment
  • Features
  • Heating Fuels: Hot Water(Heating), Oil

Property

  • propertytype: Commercial Sale
  • propertysubtype: Apartment
  • listprice: 724900
  • unparsedaddress: 1005 University Avenue SE
  • postalcity: Minneapolis
  • stateorprovince: MN
  • country: US
  • postalcode: 55414
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.17
  • lotsizeunits: Acres
  • lotsizearea: 0.17
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 44.981816
  • longitude: -93.241686
  • listagentfullname: Eda Rivers
  • listagentemail: eda.rivers@compass.com
  • listagentkey: 3yd-RMLSMN-54515
  • listagentmlsid: 54515
  • listagentpreferredphone: (952) 213-1631
  • listofficekey: 3yd-RMLSMN-12873
  • listofficemlsid: 12873
  • disclaimer: 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.
  • sourcesystemid: RMLSMN
  • yearbuilt: 1900
  • listingcontractdate: 2026-10-13
  • listagenturl: https://www.compass.com
  • countyorparish: Hennepin
  • parcelnumber: 2402924310052
  • highschooldistrict: Minneapolis
  • heating: Hot Water(Heating)
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Parking Lot
  • waterfrontyn: False
  • franchiseaffiliation: None
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -93.241684, 44.981815
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Compass Minnesota, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"eda.rivers@compass.com", "ListBrokerageCity":"St Louis Park", "ListBrokerageCountry":"US", "ListBrokerageEmail":"support@compass.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Compass Minnesota, LLC", "ListBrokeragePhone":"(952) 213-1631", "ListBrokeragePostalCode":"55416-1443", "ListBrokerageStateOrProvince":"MN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"1600 Utica Ave S", "ListBrokerageWebsiteUrl":"https://www.compass.com", "ListOfficeAddress1":"5018 France Ave S ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"12873", "ListOfficeCity":"Edina", "ListOfficeCountry":"US", "ListOfficeEmail":"Linda.rogers@compass.com", "ListOfficePostalCode":"55410", "ListOfficeStateOrProvince":"MN", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial Sale, Minneapolis, MN", "ListingURL":null, "MLSModificationTimestamp":"2026-10-14 04:34:19", "Neighborhoods":[{"Description":null, "Name":"Saint Anthony Falls"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":16346, "TaxDescription":null, "TaxYear":"2026"}], "UnitNumber":null, "UnparsedAddress":null}
  • GarageSpaces: 0
Listing Changed: 10/29/2026 4:41:36 AM GMT
Source Updated Date: 11/5/2026 12:58:06 AM GMT

Courtesy of: Eda Rivers, Compass, eda.rivers@compass.com

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.