Fully Leased Student Housing Apartment
For Sale
Contact for pricing
1009 University Ave Se, Minneapolis, MN 55414
Zoned R5 apartment building with 12 rental rooms, fully leased through the 2026/2027 school year with tenants paying all utilities.
Property SizeContact for details
Days on Market41
Property Features for 1009 University Ave Se
General Information
Standard status
Active
Zoning
R5
Occupancy
100%
Listing Agency:
Ashworth Real Estate
(612) 597-4014
Listed By:
Molly Hangartner
(612) 597-4014
Source:
Exprealty
Added: Jul 2
Changed: Jul 31
Last Checked: Aug 11 at 10:46AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ashworth Real Estate
Investment Insights
Based on property information with market context.
This apartment building is positioned as a student housing investment with 12 rental rooms. The property is fully leased through the 2026/2027 school year. Tenants are responsible for all utilities, including electric, gas, water, internet, and trash, supporting low owner operating costs.
The building is described as within walking distance to the University of Minnesota campus. It is located one lot off the corner of 10th Ave SE and University Ave SE and shares a rear parking lot with 314 10th Ave SE, which is also available.
The property is zoned R5 and is noted as part of a larger seven-building Dinkytown portfolio, with the seller reviewing offers as received. The information also references redevelopment potential tied to the zoning and the surrounding student housing corridor.
The building is described as within walking distance to the University of Minnesota campus. It is located one lot off the corner of 10th Ave SE and University Ave SE and shares a rear parking lot with 314 10th Ave SE, which is also available.
The property is zoned R5 and is noted as part of a larger seven-building Dinkytown portfolio, with the seller reviewing offers as received. The information also references redevelopment potential tied to the zoning and the surrounding student housing corridor.
Key Highlights
- 12 rental rooms fully leased through the 2026/2027 school year
- Tenants pay all utilities: electric, gas, water, internet, and trash
- Zoned R5
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,646
Businesses Nearby
Explore this area
Business Placement
Demographics for 55414, MN
36,600
Population
15,541
Households
2.4
Avg Household Size
26
Median Age
68%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
11,806
Density / Sq Mi
$47,004
Median Household Income
$18,386
Median Earnings
$1,368
Median Rent
$454,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Zoned R5 apartment building with 12 rental rooms, fully leased through the 2026/2027 school year with tenants paying all utilities.
Where is this apartment building located?
The property is located at 1009 University Ave Se Minneapolis, MN.
What are key features of this property?
This property features: 12 rental rooms fully leased through the 2026/2027 school year; Tenants pay all utilities: electric, gas, water, internet, and trash; Zoned R5
