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Property Details

727 15th Avenue SE
Minneapolis, MN 55414

Price: $5,750,000

Listing # 6224842


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We are pleased to offer a one-of-a-kind, high demand, & stable 66-Unit multifamily asset at the University of Minnesota. This offering also serves as an excellent student housing redevelopment site now or in the future. This rare investment opportunity has been under the same family ownership for 24 years and is finally offered for sale. These two buildings totaling 66 units have brand new large student housing construction developments on both sides of the buildings with the U of M practice football field across the street. Excellent convenient Dinkytown location - the heart of the U of M! Once you take a look at this location , it speaks for itself. You will also see the U of M is in the midst of a major student housing transformation at this time with state of the art housing facilities being built across the campus. Here's your chance to be part of this historic change on a Big 10 campus.

Basic Features:

Style Apartment
Type Commercial Sale
Zoning Residential-Multi-Family
Year Built 1936
School District Minneapolis
County Hennepin
Lot Size 330x110
Acreage 0.42 acres
Lot Description Corner Lot
Number of Units 66
Tax $ / Year $93,215 / 2022
Tax ID
Legal Description

Includes:

Building,Land,Leases, City View

Excludes:

Additional Features
Government Programs
Section 24
Terrain Type
Basement Full
Cooling Window Unit(s)
Driveway
Exterior Features Brick/Stone,Stucco
Foundation 7564.00
Fuel Source Electric,Natural Gas
Handicap Access None
Heating Boiler,Hot Water
Sewer Service City Sewer/Connected
Water Service City Water/Connected
Water Heater
Parking Lot Paved,Open
Exterior Construction
Utilities Electric Common,Heating Common,Hot Water Separate
Laundry N

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