$1,100,000

612 University Avenue SE, Minneapolis MN, 55414

Built in2000

Property typeCommercial

Courtesy of Fuze Real Estate, Adam Hunt Listing Contact:

Overview

Active

Listed Aug 14, 2026

Updated Aug 15

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.

Additional information

MLS^® ID: 7127269

Interior Features

Bedrooms: 14
Bathrooms: 9
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.29 Acres

Other Property Details

Taxes: $22,011
Tax Frequency: Annually
Maintenance Expense: $6,055

Listings courtesy of Northstar MLS as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 2:59 AM UTC on 8/15/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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