Sold
727 15th Avenue SE
Minneapolis MN, 55414
$5,220,000
$203.94 per sqft
Sold
25,596 sqft
Commercial
Built in 1936
We are pleased to offer a one-of-a-kind, high demand, & stable 66-Unit multifamily asset at the University of Minnesota. This offering also serves as an excellent student housing redevelopment site now or in the future. This rare investment opportunity has been under the same family ownership for 24 years and is finally offered for sale. These two buildings totaling 66 units have brand new large student housing construction developments on both sides of the buildings with the U of M practice football field across the street. Excellent convenient Dinkytown location - the heart of the U of M! Once you take a look at this location , it speaks for itself. You will also see the U of M is in the midst of a major student housing transformation at this time with state of the art housing facilities being built across the campus. Here's your chance to be part of this historic change on a Big 10 campus.
6224842
MLSⓇ ID
June 23, 2022
Listed
August 23, 2024
Updated
Map
727 15th Avenue SE
Minneapolis MN, 55414
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Window Unit(s)
Heating
Yes
Heating Description
Boiler, Hot Water
Exterior/Building Features
Lot Size
0.42 Acres
Lot Features
Corner Lot
Sewer
City Sewer/Connected
School Information
School District
Minneapolis
Other Property Details
Taxes
$93,215
Tax Frequency
Annually
Days on Market
326
Association Amenities
Coin-op Laundry Owned
Garage
No
Parking
Paved, Open
View
No
County
Hennepin
Water Source
City Water/Connected
Pool
No
Listing History
Date | Event | Price |
---|---|---|
8/14/2023 | Price change | $5,220,000 -10% |
8/14/2023 | Sold | $5,220,000 |
6/22/2023 | Pending | — |
Courtesy of RE/MAX Results
If a listing is in Coming Soon status, it is not currently available for showings but will be soon. Open House information is subject to change without warning. This home sale information is not an appraisal, competitive or comparative market analysis, CMA, or home evaluation. Information Deemed Reliable But Not Guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor Susan And Gary Wahman shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 1:46 PM UTC, 8/23/2024