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11-Unit Brick Apartment Building
New
For Sale
$1,520,000

4621 University Avenue NE, Columbia Heights, MN 55421

An owned laundry room serves a mix of one- and two-bedroom units.

Property SizeContact for details
Days on Market4

Property Features for 4621 University Avenue NE

General Information

Standard status Active
Total Parking Spaces 24
Property subtype Commercial
Zoning Residential-Multi-Family

Units

Unit Mix 4 x 1BR at 675 SF, 7 x 2BR at 850 SF
Multifamily Units 11

Taxes and HOA fees

Annual Taxes $23,051

Amenities

owned laundry room

Building Details

Year Built 1988
Buildings 1
Units 11
Construction brick
Listing Agency: MRG Realty Partners, LLC
Listed By: David B Dirkers · License #40585691
Source: Getyoumoved
Added: Oct 22 Changed: Oct 23 Last Checked: Oct 23 at 3:16PM

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 MRG Realty Partners, LLC

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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 11-unit apartment property in Columbia Heights is a brick building constructed in 1988. Its unit mix comprises four one-bedroom apartments measuring 675 SF each and seven two-bedroom apartments at 850 SF each. An owned laundry room is included in the property.

Parking consists of 11 garage stalls and 13 surface spaces. The asset is zoned Residential-Multi-Family and is included in a three-building portfolio offering.

Key Highlights

  • 11 apartment units in a brick building constructed in 1988
  • Four 675 SF one‑bedroom units and seven 850 SF two‑bedroom units
  • 11 garage stalls and 13 surface parking spaces

Property Analytics

Lease Details

11
Residential units

Location Intelligence

Trade Area within ½ mile

234
Businesses Nearby

Demographics for 55421, MN

30,580
Population
13,247
Households
2.3
Avg Household Size
37
Median Age
34%
College-Educated
90%
High-School Grad
6.3 sq mi
ZIP Area
4,854
Density / Sq Mi
$75,141
Median Household Income
$44,242
Median Earnings
$1,281
Median Rent
$260,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - An owned laundry room serves a mix of one- and two-bedroom units.
Where is this apartment building located?
The property is located at 4621 University Avenue NE Columbia Heights, MN.
What is the asking price?
The asking price for this property is $1,520,000.
What are key features of this property?
This property features: 11 apartment units in a brick building constructed in 1988; Four 675 SF one‑bedroom units and seven 850 SF two‑bedroom units; 11 garage stalls and 13 surface parking spaces
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