Welcome to 4929-35 University Avenue NEa vibrant investment opportunity featuring twobuildings with 11 units in each building, offering a fantastic ~8% cap rate. Many units havebeen refreshed with new flooring, appliances, and paint, enhancing their appeal and tenantsatisfaction.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 current rents ranging from $950 to $1000 per unit, this multifamily property is a primecandidate 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 thispromising opportunity in a dynamic neighborhood, offering excellent potential for growth andstable returns.
Source: School Digger
Source: Public Records
Source: Sperling's Best Places
58/100
Walk Score ®
36/100
Transit Score ®
57/100
Bike Score ®
3 nearby routes: 3 bus, 0 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 41/100, Transit Score: 31/100, Bike Score: 56/100.
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4927 & 4935 University Avenue NE
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1513 Humboldt Place N
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8443 University Avenue NE
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2 bds • 3 ba • 1905 sqft
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718 Washington Avenue N 101
Source: Realty.com
4927 & 4935 University Avenue NE, Columbia Heights, MN 55421 is a , Commercial Sale property listed for $2,000,000 The property is - sq. ft with - bedrooms and 0 bathrooms
Realty.com has 25 photos of 4927 & 4935 University Avenue NE.
Our records indicate that 4927 & 4935 University Avenue NE was built in 1961.
The full address for this home is 4927 & 4935 University Avenue NE, Columbia Heights, MN 55421.
4927 & 4935 University Avenue NE has been listed on Realty.com since Thu December 04, 2025
Some errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.
The average walkability score in the surrounding area is Walk Score: 41/100, Transit Score: 31/100, Bike Score: 56/100.
There are 3 schools assigned to this home. Check out the schools near 4927 & 4935 University Avenue NE. Valley View Elementary School (Grades: PK - 5), Columbia Academy (Grades: 6 - 8), Columbia Heights Senior High School (Grades: 9 - 12)
Listing provided courtesy of:
Compass
(tel: 952-283-0644)
Listing agent:
Jaclyn Gavzy
(tel: 952-221-5977)
(#506017993)
This content last refreshed on 2025-12-08 01:44:32. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 4927 & 4935 University Avenue NE, Columbia Heights, MN 55421 : MLS# 6819049
