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Melissa Clawson

melissaclawson@clawsonhomegroup.com +1(651) 895-0217

$ 1,850,000

Est. payment -/mo

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4927 University AVE NE Columbia Heights, MN 55421

10,454 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Roslyn Park

MLS Listing ID 7165627

Year Built 1961

Annual Tax Amount $32,429

Tax Year 2026

Contingent None

Lot Size 10,454 Sqft

Lot Dimensions 160 x 130

Property Description

Two-building, 22-unit multifamily offering in Columbia Heights: 4927 and 4935 University Ave NE, with 11 units in each building and an on-site caretaker in place. The seller has completed multiple unit turnovers and renovations since mid-2025, installed a new water heater at 4935, and reset rents on several units. Monthly collections have trended up since spring 2026. Current rents run from about $900 to $1,250 per unit, leaving room for rent growth, professional management and continued unit upgrades. Sold as-is. Buyer to verify all information, including income, expenses and insurability. Offering materials available to qualified buyers on request.

Location

State MN

County Anoka

Zoning Residential-Multi-Family

Interior

Heating Boiler, Radiator

Flooring Carpet, Luxury Vinyl Plank

Inclusions Building, Leases

Fireplace No

Appliance Range, Refrigerator

Exterior

Parking Features Parking Lot

Utilities Available Electric Common, Electric Separate, Heating Common, Hot Water Common

Roof Type Age Over 8 Years

Present Use Residential

Building

Lot Description Tree Coverage - Light

Story Two

Foundation 4760

Sewer City Sewer/Connected

Water City Water/Connected

Level or Stories Two

Structure Type Frame

New Construction false

Schools

School District Columbia Heights

Others

Special Listing Condition In Foreclosure, Short Sale

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Listed by John Stiles • Peritus Real Estate

Melissa Clawson

Broker License ID: 40986556

+1(651) 895-0217

Melissa Clawson

4927 University AVE NE Columbia Heights, MN 55421

Key Details

Location

Interior

Exterior

Building

Schools

Others

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4927 University AVE NE