Courtesy: Compass
952-283-0644
Welcome to 4929-35 University Avenue NE—a vibrant investment opportunity featuring two buildings with 11 units in each building, offering a fantastic ~8% cap rate. Many units have been refreshed with new flooring, appliances, and paint, enhancing their appeal and tenant satisfaction. Each building is unit with wall air conditioning units and a new boiler in the 4935 building, ensuring comfort year-round. Tenants will appreciate the convenience of an on-site parking lot, including parking space for each unit. The complex is secured with a modern security system, providing peace of mind for both tenants and owners. With market rents ranging from $950 to $1000 per unit, this multifamily property is a prime candidate for investors seeking steady income in a thriving area. The units feature refrigerators, ranges, and a dishwasher, combining functionality with comfort. Don't miss out on this promising opportunity in a dynamic neighborhood, offering excellent potential for growth and stable returns.
Courtesy: GREYHAWKE COMPANY
612-541-9124
Well-maintained 8-unit investment property in a high-demand Columbia Heights location. The building includes 7 one-bedroom units and 1 studio. Tenants pay their own electric. The property is conveniently located near major transit, shopping, and dining, and is just minutes from Northeast Minneapolis, making it a desirable area for long-term tenants. Off-street parking and on-site laundry add to tenant convenience.
Courtesy: Newmark
612-430-9950
Andrea D. Conner, License # 40471694,Xome Inc., License 40368414, [email protected], 844-400-XOME (9663), 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067
Listings courtesy of Northstar MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of {{last updated}}. 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. Properties displayed may be listed or sold by various participants in the MLS. Xome Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Xome Inc., a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information Deemed Reliable But Not Guaranteed. Open House information is subject to change without notice. Copyright 2026, Regional Multiple Listing Service of Minnesota, Inc. All rights reserved
Columbia Heights is located in Minnesota. Columbia Heights, Minnesota has a population of 21,612. Columbia Heights is less family-centric than the surrounding county with 27.35% of the households containing married families with children. The county average for households married with children is 33.56%.
The median household income in Columbia Heights, Minnesota is $69,460. The median household income for the surrounding county is $88,680 compared to the national median of $69,021. The median age of people living in Columbia Heights is 37.3 years.
The average high temperature in July is 83.3 degrees, with an average low temperature in January of 7 degrees. The average rainfall is approximately 32.1 inches per year, with 52.5 inches of snow per year.
