Property

Minneapolis, MN 55414 1009 University Avenue SE

$989,000

1009 University Avenue SE Minneapolis, MN - Image 11009 University Avenue SE Minneapolis, MN - Image 21009 University Avenue SE Minneapolis, MN - Image 3
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Presented By: MRG Realty Partners, LLC
  • MLS# 6804917
  • 10/15/2025
  • Request Tour
  • Request Info
  • Beds • 3
  • Baths • 1
  • SQFT • 4,955

Home Details

Exceptional student housing investment opportunity located at 1009 University Avenue SE, the gateway to Dinkytown and the University of Minnesota. This furnished property features 9 bedrooms and 4 bathrooms, ideally positioned for strong and consistent rental demand. Recent capital improvements include a new roof and new water heaters, minimizing future maintenance costs. With its prime location in one of Minneapolis’ most competitive and sought-after student housing corridors, this property offers outstanding long-term upside.
Presented By: MRG Realty Partners, LLC

Interior Features for 1009 University Avenue SE

Other Interior Features

Above Grade Finished Area3647
BasementFinished
Basement (Y/N)Yes
Below Grade Finished Area1308
FuelElectric

General for 1009 University Avenue SE

AccessibilityNone
Additional Parcels Y/NNo
CityMinneapolis
Construction MaterialsStucco
ContingencyNone
CountyHennepin
DirectionsFrom downtown Minneapolis, head east on Hennepin Avenue toward the University of Minnesota. Continue onto University Avenue SE. Property is located on the north side of University Avenue SE between 10
Electric Expense
Fuel Expense
Garage Spaces
Gross Income114120
HeatingBoiler
High School DistrictMinneapolis
Insurance Expense
Land Lease Y/NNo
Lender OwnedNo
LevelsMore Than 2 Stories
Living Area4955
Lot Size UnitsAcres
MaintenanceExpense0
New ConstructionNo
Number Of Units Total3
Operating Expense24500
PostalCityMinneapolis
Property SubtypeTriplex
Property TypeResidential Income
SewerCity Sewer/Connected
Standard StatusActive
Subdivision NameSaint Anthony Falls
Tax Annual Amount9702
Tax Year2025
Tenant PaysAll Utilities, Fuel
Trash Expense0
Water Sewer Expense0
Year Built1910

Exterior for 1009 University Avenue SE

Building Area Total4955
Foundation Area3647
Lot Dimensions5227
Lot Size Area0.12
Water SourceCity Water/Connected

Additional Details

Price History

John Wichmann

Agent
Price $989,000
MLS#6804917
List Date 10/15/2025
Property Type Multi-Family
Phone (612) 309-4749
Request Tour
Request Info
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