Log In/Sign Up
Your email has been sent.
1009 University Ave SE 12 Unit Apartment Building $989,000 ($82,417/Unit) Minneapolis, MN 55414
INVESTMENT HIGHLIGHTS
- University of Minnesota Location: Gateway to Dinkytown & the University of Minnesota
- Strong Occupancy History: Consistent full occupancy with UMN student renters
- Recent Capital Improvements: New roof, New water heaters
- High-Demand Corridor: Exceptional visibility and long-term rental stabilit
- Tenant-Paid Utilities: Low operating expenses and easy management
- Amenities: On-site parking and shared laundry
EXECUTIVE SUMMARY
A rare chance to acquire a furnished 9-bedroom, 4-bath property at the gateway to Dinkytown and the University of Minnesota. This high-demand student housing corridor offers exceptional access and long-term stability. The asset has a consistent record of near-full occupancy with strong rents, on-site parking, and shared laundry—making it straightforward to operate. Tenants have historically paid all utilities. Recent capital improvements include a new roof and new water heaters.
Shown by appointment only. For more information or to schedule a tour, contact MaryPat McNicoll at (406) 291-9103.
Shown by appointment only. For more information or to schedule a tour, contact MaryPat McNicoll at (406) 291-9103.
PROPERTY FACTS
| Price | $989,000 | Building Class | C |
| Price Per Unit | $82,417 | Lot Size | 0.12 AC |
| Sale Type | Investment | Building Size | 5,200 SF |
| No. Units | 12 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1910 |
| Property Subtype | Apartment | Parking Ratio | 1.15/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R5 | ||
| Price | $989,000 |
| Price Per Unit | $82,417 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 5,200 SF |
| No. Stories | 3 |
| Year Built | 1910 |
| Parking Ratio | 1.15/1,000 SF |
| Zoning | R5 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
1 1
Walk Score®
Very Walkable (87)
Bike Score®
Very Bikeable (85)
1 of 42
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
1009 University Ave SE
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.