• Main Photo

4927 University Avenue Ne
Columbia Heights, MN 55421

$1,850,000

21 Total Photos [Click to View All]

Listing Details

  • $1,850,000
  • MLS# 7165627
  • Type Commercial - Business
  • Status Active
  • 14,280
    Square Feet
  • 0.240 acres
    Lot Size
  • 1961
    Year Built
  • Columbia Heights
    Local Schools

Listed By

Agency Name: Peritus Real Estate
Agency Phone: 612-554-7794

Shown By

Agent Name: Tan Tran
Agent Phone: (512) 767-2303
Agency Title: Town & Country Realty

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Home Value Estimate


Description

Two-building, 22-unit multifamily offering in Columbia Heights: 4927 and 4935 University Ave NE, with 11 units in each building and an on-site caretaker in place. The seller has completed multiple unit turnovers and renovations since mid-2025, installed a new water heater at 4935, and reset rents on several units. Monthly collections have trended up since spring 2026. Current rents run from about $900 to $1,250 per unit, leaving room for rent growth, professional management and continued unit upgrades. Sold as-is. Buyer to verify all information, including income, expenses and insurability. Offering materials available to qualified buyers...read more

Features

  • Appliances: Range, Refrigerator
  • Heating: Boiler, Radiator
  • Stories: 2.0
  • Taxes: $32,429
  • Water: City Water/Connected
  • Year Built: 1961

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