14-Room Student Housing
New
For Sale
Contact for pricing
314 10th Avenue SE, Minneapolis, MN 55414
Student rentals are occupied through the 2026–2027 academic year, with tenants covering utility costs.
Property Size6,086 SF
Days on Market4
Property Features for 314 10th Avenue SE
General Information
Standard status
Active
Size
6,086 SF
Property subtype
Commercial
Zoning
Residential-Multi-Family
Occupancy
100%
Site & Location
Neighborhood
Near North
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$14,362
Building Details
Building Size
6,086 SF
Year Built
1891
Buildings
1
Units
14
Listing Agency:
Ashworth Real Estate
Listed By:
Molly Hangartner
(612) 597-4014
Source:
Getyoumoved
Added: Oct 22
Changed: Oct 23
Last Checked: Oct 23 at 4:59PM
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
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Investment Insights
Based on property information with market context.
This 6,086-square-foot multifamily property contains 14 rental rooms and was built in 1891. Its current student-housing occupancy extends through the 2026–2027 school year, and residents pay for electric, gas, water, internet, and trash service.
The property is at 314 10th Avenue SE in Minneapolis, one lot from the intersection of 10th Avenue SE and University Avenue SE. It shares a rear parking lot with 1009 University Avenue SE, which is also available. The building is part of a seven-property Dinkytown portfolio.
The property is at 314 10th Avenue SE in Minneapolis, one lot from the intersection of 10th Avenue SE and University Avenue SE. It shares a rear parking lot with 1009 University Avenue SE, which is also available. The building is part of a seven-property Dinkytown portfolio.
Key Highlights
- 14 rental rooms
- Fully leased through the 2026/2027 school year
- 6,086 square feet; built in 1891
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$81,672
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,633,440
$1.6M
Cap Rate 7%
$1,166,743
$1.2M
Cap Rate 9%
$907,467
$907.5K
Market Conditions
NOI Build-Up for 6,086 SF
Gross rent
$158.5K $26.04/SF
− Vacancy
−$10.0K −$1.64/SF
EGI
$148.5K $24.40/SF
− OpEx
−$66.8K −$10.98/SF
NOI
$81.7K $13.42/SF
Area
Minneapolis, MN
Vacancy
6.30%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,633,440
Cap Rate 7%
$1,166,743
Cap Rate 9%
$907,467
Alternative Uses
Best Use
Apartment 5plus
$1.17M
$1.02M – $1.36M
NOI $81,672 @ 7.0% cap · market cap 8,167,200.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.45M
$1.27M – $1.69M
NOI $101,640 @ 7.0% cap · market cap 10,164,000.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
2,711
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Multifamily property - Student rentals are occupied through the 2026–2027 academic year, with tenants covering utility costs.
Where is this multifamily property located?
The property is located at 314 10th Avenue SE Minneapolis, MN.
What are key features of this property?
This property features: 14 rental rooms; Fully leased through the 2026/2027 school year; 6,086 square feet; built in 1891
