4621 University Avenue NE Columbia Heights, MN ^$ 1,520,000

4621 University Avenue NE

^$ 1,520,000

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4621 University Avenue NE

Columbia Heights, MN, 55421

^$ 1,520,000

Bedrooms-- Baths--

Monthly Estimate*

^$ 10,498

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Commercial Property for sale in Columbia Heights, MN

for $1,520,000. This building was built in 1988 on a lot size of 0.491.

University Apartments is an 11 unit brick apartment building in Columbia Heights, built in 1988. The mix is 4 one-bedrooms at 675 SF and 7 two-bedrooms at 850 SF, with 11 garage stalls, 13 surface spaces and an owned laundry room. This property is part of a 3 building portfolio offering. Please reference MLS 7154367 & MLS 7154368 to view the additional listings.

Commercial Active

Price

^$ 1,520,000

Property Type

Commercial

Taxes

^$ 23,051

Style

Lot Size

0.491

Year Built

1988

Town/City

Columbia Heights

County/Region

Anoka

MLS | Web ID

7154370

Features

General

Sewer City Sewer/Connected

Heating Boiler Hot Water

Utilities Electric Separate Heating Common Hot Water Common

Garage Spaces 11

Year Built 1988

Tax Year 2026

Current Use Residential

Gross Income 180516

Accessibility None

County Anoka

New Construction N

Property Type Commercial Sale

Contingency None

Subdivision Name Columbia Heights Acres

Directions University Ave NE (Hwy 47) to 46th Ave NE east one block to the University Ave Service Rd north to property on the right

City Columbia Heights

High School District Columbia Heights

Zoning Description Residential-Multi-Family

Number Of Units Total 11

Lot Size Units Acres

Land Lease Y/N N

Tax Annual Amount 23051

Additional Parcels Y/N N

Standard Status Active

Lender Owned No

Exterior

Parking Features Detached Garage Parking Lot

Water Source City Water/Connected

Inclusions Building Land

Lot Size Area 0.491

Lot Dimensions 138 x 160

Waterfront Y/N N

Foundation Area 2883

Interior

Basement (Y/N) N

Fuel Natural Gas

Internal Only

Street Number 1 4621

* Excluded Features

List By

Mrg Realty Partners, Llc

Broker

david@mrgrealtypartners.com

Affordability Calculator

$12,419

Per Month

Monthly Principal & Interest: $10,498
Monthly Property Taxes: $1,921
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

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Yearly 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

Trends
Schools

Commerical listings in Columbia Heights, MN

Average List Price ^$1,008,333

Percent of Sale Price 34%

About Columbia Heights, MN

20,483 Population

11% Since 2002

^$49,284 Median Income

39.09 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

709149 Elementary School

709139 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/8/2026	$1,520,000		Listed Price

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4621 University Avenue NE, Columbia Heights, MN, 55421 is a Commercial Property for sale at $1,520,000 with a lot size of 0.491. 4621 University Avenue NE was built in 1988. The property's zip code is 55421 which is in Columbia Heights, MN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Broker Reciprocity Program of the Regional Multiple Listing Service of Minnesota, Inc.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 10/16/2026.

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4621 University Avenue NE

Commercial Property for sale in Columbia Heights, MN

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