612 University Avenue SE Minneapolis, MN $ 1,100,000
612 University Avenue SE
$ 1,100,000
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612 University Avenue SE

Minneapolis, MN, 55414
$ 1,100,000
Bedrooms14 Baths9.0

Monthly Estimate*

$ 7,597

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Commercial Property for sale in Minneapolis, MN

for $1,100,000 with 14 bedrooms and 9 full baths. This building was built in 2000 on a lot size of 0.29.

Seller is open to creative financing options, including financing some or all of the buyer’s down payment. Flexible terms and structures will be considered for a qualified buyer. All five units are currently leased, generating immediate income. Unit #101 is leased month-to-month, offering the potential for owner occupancy or repositioning while maintaining stable cash flow from the remaining units. New roof (2018), all-new HVAC systems (2023–2026), new lobby flooring (2025), and new tenant storage lockers (2025) reduce near-term capital expenditure needs. Estimated market rents indicate approximately $29,196 in additional annual rental income (+29.2%). Three units have already been renovated, one is partially updated, and one remains in original condition, providing a clear path to increased cash flow and value. Buyer and Buyer's Agent to verify square footage.

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Commercial Active

Price

$ 1,100,000

Bedrooms

14

Full Bath

9

Property Type

Commercial

Taxes

$ 22,011

Style

Lot Size

0.29

Year Built

2000

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

7127269

Features
General
Sewer City Sewer/Connected
Heating Forced Air
Cooling Central Air
Utilities Electric Separate
Roof Age Over 8 Years Asphalt
Appliances Dishwasher Exhaust Fan Freezer Range Refrigerator Stainless Steel Appliances
Garage Spaces 0
Construction Materials Block Concrete Frame
Year Built 2000
Tenant Pays Broadband Cable TV Electricity Gas Heat
Levels Two
Tax Year 2026
Current Use Residential
Gross Income 99840
Accessibility None
County Hennepin
Net Operating Income 48275
Operating Expense 51565
Insurance Expense 14082
New Construction N
Property Type Commercial Sale
Contingency None
MaintenanceExpense 6055
Subdivision Name Saint Anthony Falls
Directions From 35W exit on SE 4th Street and head West to 6th Ave SE and turn Left. Go one block to University and turn Left. Property will be on your right.
City Minneapolis
High School District Minneapolis
Zoning Description Residential-Multi-Family
Number Of Units Total 5
Lot Size Units Acres
Carport Spaces 0
Land Lease Y/N N
Tax Annual Amount 22011
Electric Expense 1999
Trash Expense 3722
Water Sewer Expense 4570
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
Amenities Unit Ceiling Fan(s) Deck Kitchen Center Island Main Floor Primary Bedroom Multiple Phone Lines Patio
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Interior
Basement None
Basement (Y/N) N
Total Bedrooms 14
Total Baths 9
Fuel Natural Gas
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Exterior
Fencing Chain Link
Parking Features Off Site Paved Lot
Lot Features Public Transit (w/in 6 blks)
Water Source City Water/Connected
Inclusions Building Fixture/Equipment Inventory Leases Other Rental License
Lot Size Area 0.29
Lot Dimensions 76x165
Waterfront Y/N N
Foundation Area 1
Road Frontage Type Sidewalks
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Internal Only
Street Number 1 612
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* Excluded Features
List By
Fuze Real Estate

Broker

adam@fuzere.com

Email

Affordability Calculator

$9,432
Per Month
81%
19%
0%
Monthly Principal & Interest
$7,597
Monthly Property Taxes
$1,834
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
708364 Elementary School
708967 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/14/2026$1,100,000 Listed Price

Map


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612 University Avenue SE, Minneapolis, MN, 55414 is a Commercial Property for sale at $1,100,000 with a lot size of 0.29. 612 University Avenue SE has 14 bedrooms, 9.0 baths, and was built in 2000. The property's zip code is 55414 which is in Minneapolis, MN