11-Unit Brick Apartment
4621 University Avenue Northeast, Minneapolis, MN 55421
For Sale
Contact for pricing
The property combines a one- and two-bedroom unit mix with garage and surface parking.
Property SizeContact for details
Days on Market36
Property Features for 4621 University Avenue Northeast
General Information
Standard status
Total Parking Spaces
Property subtype
Site & Location
Road Access
Utilities to Site
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Amenities
laundry room
Building Details
Year Built
Buildings
Construction
Listing Agency:
MRG Realty Partners
Listed By:
David Dirkers · License MN #40585691
(619) 756-5718
Source:
Crexi
Added: Oct 6
Changed: Nov 8
Last Checked: Nov 8 at 5:45PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This brick apartment property contains 11 units: four one-bedroom apartments measuring 675 square feet each and seven two-bedroom apartments at 850 square feet each. Parking includes 11 garage stalls and 13 surface spaces, and residents have access to an owned laundry room. Nine units have received counter or flooring updates. The building and garages have pitched shingle roofs, re-shingled about 10 years ago. Additional features include PVC sewer lines, 100A electric service in each apartment, a 2023 A.O. Smith water heater, and a boiler inspected and serviced in August 2026.
The property fronts the University Avenue NE frontage road and is about 5 miles from downtown Minneapolis and the University of Minnesota. It may be acquired individually or as part of a three-building, 39-unit portfolio.
The property fronts the University Avenue NE frontage road and is about 5 miles from downtown Minneapolis and the University of Minnesota. It may be acquired individually or as part of a three-building, 39-unit portfolio.
Key Highlights
- 11 apartments: four one‑bedroom units at 675 SF and seven two‑bedroom units at 850 SF
- 11 garage stalls and 13 surface parking spaces
- Owned laundry room
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
11
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
234
Businesses Nearby
Explore this area
Business Placement
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
$260,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Apartment buildings in Minneapolis, MN
Properties on Market for Apartment buildings in Minneapolis
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - The property combines a one- and two-bedroom unit mix with garage and surface parking.
Where is this apartment building located?
The property is located at 4621 University Avenue Northeast Minneapolis, 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 apartments: four one‑bedroom units at 675 SF and seven two‑bedroom units at 850 SF; 11 garage stalls and 13 surface parking spaces; Owned laundry room
