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Compass is the brokerage office representing the seller for this listing.
Copyright 2019, Regional Multiple Listing Service of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service of Minnesota, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers. LongvilleLakes.com is not a multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of LongvilleLakes.com, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.
Copyright 2019, Regional Multiple Listing Service of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service of Minnesota, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers. LongvilleLakes.com is not a multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of LongvilleLakes.com, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.
Nearby Listings in 10 Miles
{"Id":1436707,"ORGTABLE":"RAW_Property","MLSCLASS":"COM","MLSNUMBER":"NST6819049","MLSAGENTID":"NST506017993","MLSCOAGENTID":"NST502046998","MLSOFFICEID":"NST49293","ADDRESS":"4927 & 4935 University Avenue NE","ACRES":0.23,"AGENTOWNER":false,"AUCTIONYN":false,"CITY":"Columbia Heights","CONTINGENCY":"None","COUNTY":"Anoka","CURRENTUSE":"Residential","DISTRIBUTEADDRESSTOINTERNET":true,"DISTRIBUTETOINTERNET":true,"EXTERIOR":"Brick/Stone,Stucco","FORECLOSURE":"No","LASTPRICE":2000000.0,"LASTPRICEDATE":"2025-12-04T20:15:04.21","LATITUDE":45.05764553,"LENDEROWNED":"No","LISTDATE":"2025-12-04T06:00:00","LISTPRICE":2000000.0,"LIVINGAREA":7242.0,"LONGITUDE":-93.26249782,"MODIFICATIONTIMESTAMP":"2025-12-04T20:15:04.21","OFFICE_OFFICENAME":"Compass","PHOTOCOUNT":25,"POSTALCODE":"55421","POTENTIALSHORTSALE":"No","PUBLICREMARKS":"Welcome to 4929-35 University Avenue NE—a vibrant investment opportunity featuring two\nbuildings with 11 units in each building, offering a fantastic ~8% cap rate. Many units have\nbeen refreshed with new flooring, appliances, and paint, enhancing their appeal and tenant\nsatisfaction.\nEach building is unit with wall air conditioning units and a new boiler in the 4935 building,\nensuring comfort year-round. Tenants will appreciate the convenience of an on-site parking lot,\nincluding parking space for each unit. The complex is secured with a modern security system,\nproviding peace of mind for both tenants and owners.\nWith current rents ranging from $950 to $1000 per unit, this multifamily property is a prime\ncandidate for investors seeking steady income in a thriving area. The units feature refrigerators,\nranges, and a dishwasher, combining functionality with comfort. Don't miss out on this\npromising opportunity in a dynamic neighborhood, offering excellent potential for growth and\nstable returns.","ROADBETWEENWATERFRONTANDHOMEYN":false,"SALEINCLUDES":"Building","SCHOOLDISTRICTNUMBER":"13-Columbia Heights","SCHOOLDISTRICTPHONE":"763-528-4500","SEWER":"City Sewer/Connected","STATEORPROVINCE":"MN","STATUS":"Active","STATUSDATE":"2025-12-04T20:15:04.21","LASTSTATUS":"Active","STREETDIRSUFFIX":"NE","STREETNAME":"University","STREETNUMBER":"4927 & 4935","STREETSUFFIX":"Avenue","STYLE":"Apartment","TRANSACTIONTYPE":"For Sale","WATER":"City Water/Connected","WATERFRONTPRESENT":false,"YEARBUILT":1961,"ZONING":"Residential-Multi-Family","HASOPENHOUSE":false,"PHOTOTIMESTAMP":"2025-12-04T20:15:04.21","PHOTOREMARKS":"[{\"Order\":1,\"Remarks\":\"4927 & 4935 University Ave NE\"}]","PHOTOORDER":"1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18,19,20,21,22,23,24,25","SOURCE":"MG_NST"}
{"ListingKey":"NST7828490","LotSizeArea":"0.23","AdditionalParcelsDescription":"263024240115","NST_AgeOfProperty":"64","NST_AgentOwner":"No","InternetAutomatedValuationDisplayYN":"False","InternetConsumerCommentYN":"False","AssociationAmenities":"Coin-op Laundry Owned","NST_AssessmentPending":"Unknown","BasementYN":"True","PropertySubType":"Apartment","CarportSpaces":"0","City":"Columbia Heights","PropertyType":"Commercial Sale","Contingency":"None","Cooling":"Wall Unit(s)","CountyOrParish":"Anoka","CurrentUse":"Residential","Directions":"University Avenue between 49th and 50th Avenues.","InternetAddressDisplayYN":"True","InternetEntireListingDisplayYN":"True","ConstructionMaterials":"Brick/Stone,Stucco","NST_ForeclosureStatus":"No","FoundationArea":"2414","NST_FractionalOwnershipYN":"No","NST_Fuel":"Natural Gas","ParkingFeatures":"Open","AccessibilityFeatures":"None","Heating":"Hot Water","OriginalEntryTimestamp":"2025-12-04T20:09:49Z","LandLeaseYN":"False","NST_LastUpdateDate":"2025-12-04","Latitude":"45.0576455339","NST_LenderOwned":"No","ListAgentKey":"NST229242","ListAgentMlsId":"NST506017993","CoListAgentKey":"NST107749","CoListAgentMlsId":"NST502046998","ListingContractDate":"2025-12-04T06:00:00Z","ListOfficeKey":"NST49293","ListOfficeName":"Compass","ListOfficeMlsId":"NST49293","ListPrice":"2000000","Longitude":"-93.2624978181","LotSizeDimensions":"80x130","LotSizeUnits":"Acres","ListingId":"NST6819049","SourceSystemName":"RMLS","MapCoordinateSource":"King's Street Atlas","AdditionalParcelsYN":"True","NST_OfficeBoard":"MAAR","NST_OwnerOccupied":"No","ParcelNumber":"263024240114","GarageSpaces":"0","NST_ParkingOpen":"22","PhotosCount":"25","PostalCity":"Columbia Heights","PostalCode":"55421","NST_PotentialShortSale":"No","PossibleUse":"Investment","PublicRemarks":"Welcome to 4929-35 University Avenue NE—a vibrant investment opportunity featuring two\nbuildings with 11 units in each building, offering a fantastic ~8% cap rate. Many units have\nbeen refreshed with new flooring, appliances, and paint, enhancing their appeal and tenant\nsatisfaction.\nEach building is unit with wall air conditioning units and a new boiler in the 4935 building,\nensuring comfort year-round. Tenants will appreciate the convenience of an on-site parking lot,\nincluding parking space for each unit. The complex is secured with a modern security system,\nproviding peace of mind for both tenants and owners.\nWith current rents ranging from $950 to $1000 per unit, this multifamily property is a prime\ncandidate for investors seeking steady income in a thriving area. The units feature refrigerators,\nranges, and a dishwasher, combining functionality with comfort. Don't miss out on this\npromising opportunity in a dynamic neighborhood, offering excellent potential for growth and\nstable returns.","NST_RentalLicenseYN":"No","Inclusions":"Building","HighSchoolDistrict":"Columbia Heights","NST_SchoolDistrictNumber":"13","NST_SchoolDistrictPhone":"763-528-4500","Sewer":"City Sewer/Connected","BuildingAreaTotal":"7242","StateOrProvince":"MN","StandardStatus":"Active","Levels":"Two","StreetDirSuffix":"NE","StreetName":"University","StreetNumber":"4927 & 4935","StreetNumberNumeric":"4927","StreetSuffix":"Avenue","NST_TaxWithAssessments":"31002.1000","TaxYear":"2025","TaxAnnualAmount":"31002","NumberOfUnitsTotal":"24","Utilities":"Heating Common","WaterSource":"City 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