314 10th Ave SE

314 10th Ave SE, Minneapolis, MN 55414

MULTIFAMILY For Sale

Year Built: 1891

Floors: 3

Available Spaces

SpaceSizeTypePricing
Student Housing Dinkytown Multifamily Portfolio SALE Contact for pricing

Contact

Michael Finley - Realty Group - Coon Rapids

PHONE: 9529920656

Description

314 10th Ave Southeast | Minneapolis, MN High-Density Multi-Family Investment Opportunity. 314 10th Ave Southeast, a significant value-add multi-family asset situated in the premier Marcy-Holmes neighborhood. Originally built in 1891, this three-story stucco building offers massive scale, currently configured with 14 bedrooms and 6 bathrooms across approximately 6,306 square feet. New Boiler in 2025. Tenants pay Electric and Internet. Landlord pays Gas, Water, and Garbage This property represents a strategic opportunity for investors to capture high-yield student housing or co-living demand. With a prime location just steps from the University of Minnesota’s East Bank campus, The asset benefits from historically low vacancy rates and consistent year-over-year rent growth. Featuring 14 bedrooms and 20 total rooms, the former Sorority house property is uniquely positioned to accommodate large groups or high-density occupancy models. Strategic Submarket: Marcy-Holmes is one of the most sought-after rental markets in the Twin Cities, driven by its proximity to the university, downtown Minneapolis, and the Mississippi Riverfront. Development Potential: The property sits on a generous 9,583 SF lot with R5 (Multiple-family District) zoning, providing long-term potential for density expansion or significant site redevelopment. This property is adjacent to and shares a parking lot with 1009 University Ave SE which is also being offered for sale in a 6 Property Multifamily Portfolio offering along with the additional properties located at 319 & 321 12th Ave S.E. and 1206 & 1212 5th Street S.E. In addition to the Portfolio the property located at 406 14th Ave SE in Dinkytown is also being offered. The Mixed-Use Property consists of of 4 residential units along with a street level Restaurant with a long-term good credit tenant in place.