MLS# 7159629 - 1005 University Avenue SE Minneapolis, MN 55414

{"ListingKey":"NST7982877","AccessibilityFeatures":"None","AdditionalParcelsYN":"False","NST_AgentOwner":"No","LivingAreaUnits":"Square Feet","NST_AssessmentPending":"No","BasementYN":"False","BuildingAreaTotal":"7440","CumulativeDaysOnMarket":"0","CarportSpaces":"0","City":"Minneapolis","NST_CommercialStyleType":"Apartments/Multi Family","NewConstructionYN":"False","Contingency":"None","NST_ForSaleOrLease":"For Sale","CountyOrParish":"Hennepin","CurrentUse":"Residential","Directions":"From I-35W, take Exit 18 for University Avenue/4th Street SE. Head east on University Avenue SE to 10th Avenue SE. Property is on the left at the northeast corner, 1005 University Avenue SE.","DocumentsCount":"1","DocumentsChangeTimestamp":"2026-10-14T03:09:06.255Z","DaysOnMarket":"0","ElectricExpense":"4810","ExteriorFeatures":"Wood","FoundationArea":"2734","FoundationDetails":"Stone","NST_FractionalOwnershipYN":"No","NST_Fuel":"Other","FuelExpense":"7743","GarageSpaces":"0","GrossIncome":"85620","Heating":"Boiler,Hot Water","HighSchoolDistrict":"Minneapolis","NST_ForeclosureStatus":"No","Inclusions":"Building","InsuranceExpense":"12154","InternetAddressDisplayYN":"True","InternetAutomatedValuationDisplayYN":"False","InternetConsumerCommentYN":"False","InternetEntireListingDisplayYN":"True","LandLeaseYN":"False","Latitude":"44.981816","NST_LenderOwned":"No","Levels":"Three Or More","ListPrice":"724900","ListingContractDate":"2026-10-13T05:00:00Z","ListingId":"NST7159629","Longitude":"-93.241686","LotSizeArea":"0.17","LotSizeDimensions":"76 x 95","LotSizeUnits":"Acres","MaintenanceExpense":"2911","ManagerExpense":"600","NST_NeighborhoodName":"Marcy Holmes","NST_NeighborhoodNumber":"50","NetOperatingIncome":"35807","NumberOfUnitsTotal":"9","OperatingExpense":"49813","OriginalEntryTimestamp":"2026-10-13T22:08:01Z","OtherExpense":"0","NST_OwnerOccupied":"No","OwnerPays":"All Utilities,Trash Collection,Water","ParcelNumber":"2402924310052","ParkingFeatures":"Parking Lot","PhotosCount":"2","PhotosChangeTimestamp":"2026-10-14T03:09:06.255Z","PostalCity":"Minneapolis","PostalCode":"55414","NST_PotentialShortSale":"No","NST_PresentUse":"Yearly","PropertyType":"Commercial Sale","PublicRemarks":"Iconic Corner Location Offering Income Today and Redevelopment Potential\n\n1005 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.\n\nLocated 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.","PublicSurveyRange":"24","PublicSurveySection":"24","PublicSurveyTownship":"29","NST_SchoolDistrictFullName":"1 - Minneapolis","NST_SchoolDistrictNumber":"1","NST_SchoolDistrictPhone":"6126680000","Sewer":"City Sewer/Connected","StandardStatus":"Active","StateOrProvince":"MN","StreetDirSuffix":"SE","StreetName":"University","StreetNumber":"1005","StreetNumberNumeric":"1005","StreetSuffix":"Avenue","SubdivisionName":"Saint Anthony Falls","TaxAnnualAmount":"16346","NST_TaxWithAssessments":"16346","TaxYear":"2026","TenantPays":"Broadband,Cable TV","Township":"Minneapolis","TrashExpense":"2145","Utilities":"Electric Common,Heating Common,Hot Water Common","VideosCount":"0","WaterSewerExpense":"3104","WaterSource":"City Water/Connected","WaterfrontYN":"False","YearBuilt":"1900","ZoningDescription":"Residential-Multi-Family","ListAgentKey":"NST276538","ListAgentMlsId":"NST502051546","ListOfficeMlsId":"NST49138","ListOfficeName":"Compass","ListOfficeKey":"NST49138","ModificationTimestamp":"2026-10-14T04:35:06.327Z","OriginatingSystemName":"northstar","Media":"[{\"Order\":1,\"MediaObjectID\":\"NST1\",\"LongDescription\":\"1005 University Ave.jpeg\",\"ResourceRecordKey\":\"NST7982877\",\"MediaURL\":\"https://media.mlsgrid.com/token=OFQ9ucLPBVtH4AIeHPpztN5pAk9qC5oU_EgGB8eWjPY&expires=1791956415&id=5d6fc86794c5224544394849/images/NST7982877/4702b8e6-0966-49a1-9f58-c32746ac99b4.jpeg\",\"ImageWidth\":1560,\"ImageHeight\":2080,\"ImageSizeDescription\":\"1560x2080\",\"MediaModificationTimestamp\":\"2026-10-14T03:09:03.905Z\",\"MediaKey\":\"NST125411548\"},{\"Order\":2,\"MediaObjectID\":\"NST2\",\"LongDescription\":\"Hennepin County Map.png\",\"ResourceRecordKey\":\"NST7982877\",\"MediaURL\":\"https://media.mlsgrid.com/token=OFQ9ucLPBVtH4AIeHPpztN5pAk9qC5oU_EgGB8eWjPY&expires=1791956415&id=5d6fc86794c5224544394849/images/NST7982877/0af68cc8-b3da-41b8-bf91-ad9e2d018726.jpeg\",\"ImageWidth\":928,\"ImageHeight\":769,\"ImageSizeDescription\":\"928x769\",\"MediaModificationTimestamp\":\"2026-10-14T03:09:03.875Z\",\"MediaKey\":\"NST125411547\"}]","Media__Order":"1","Media__MediaObjectID":"NST1","Media__LongDescription":"1005 University Ave.jpeg","Media__ResourceRecordKey":"NST7982877","Media__MediaURL":"https://media.mlsgrid.com/token=OFQ9ucLPBVtH4AIeHPpztN5pAk9qC5oU_EgGB8eWjPY&expires=1791956415&id=5d6fc86794c5224544394849/images/NST7982877/4702b8e6-0966-49a1-9f58-c32746ac99b4.jpeg","Media__ImageWidth":"1560","Media__ImageHeight":"2080","Media__ImageSizeDescription":"1560x2080","Media__MediaModificationTimestamp":"10/14/2026 3:09:03 AM","Media__MediaKey":"NST125411548","MlgCanView":"True","MlgCanUse":"IDX","PhotoRemarks":"[{\"Order\":1,\"Remarks\":\"1005 University Ave.jpeg\"},{\"Order\":2,\"Remarks\":\"Hennepin County Map.png\"}]","PhotoOrder":"1,2","CustomVTourURL":""}