For Sale: Minneapolis MLS# 7063138
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Property Description
Dinkytown student housing investment, two contiguous buildings sold together near U of M campus. Combined 25 rental rooms (1206: 18 rooms, 1212: 7 rooms), fully leased through 2026/2027 school year. Tenants responsible for all utilities (electric, gas, water, internet, trash) — low operating costs for owner. On-site parking lot included; laundry facilities in each building. Zoned high density, offering exceptional redevelopment potential — situated among newer, larger apartment developments and adjacent to Dinkytown's tallest longstanding apartment tower. A rare assemblage opportunity in one of the Twin Cities' most in-demand rental corridors. Part of larger 7-building Dinkytown portfolio; motivated seller reviewing offers as received.
Listing
Listing Status:
Active
Contingency:
None
List Price:
$1
Property Type:
Commercial
City:
Minneapolis
Garage Spaces:
0
County:
Hennepin
Year Built:
1892
State:
MN
Property Style:
Other
Zip Code:
55414
Neighborhood/Area:
50
Subdivision Name:
Dorans Add To Se
Exterior
Garage Spaces:
0
Foundation Size:
2,000 ft2
Handicap Accessible:
None
Heating System:
Forced Air
Parking Features:
None
Lake & Waterfront
Waterfront Present:
N
Lot & Land
Acres:
0.328
Geolocation:
44.982144, -93.237476
Inclusions:
Building, Fixture/Equipment, Rental License
Lot Dimensions:
120 x 119
Zoning:
Residential-Multi-Family
Schools
School District:
1
District Phone:
6126680000
Financial & Taxes
Tax Year:
2026
Annual Taxes:
$26,341
Lender-owned:
No
Assessment Pending:
No
Taxes w/ Assessments:
$26,341
Units
Total Units:
24
Miscellaneous
Current Use:
Residential
Fuel System:
Electric
Sewer System:
City Sewer/Connected
Available Utilities:
- Electric Separate
- Heating Common
Water System:
City Water/Connected
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Local Home Mortgage Professionals
Eric Bloomstrand
Branch Sales Manager
Fairway Home Mortgage NMLS#274211
612-961-2600
Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
Connect with Eric today to get started with your home purchase!
Listing provided by RMLS,
courtesy of Ashworth Real Estate.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.
Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.