MLS# NST6763864 - 4733 University Avenue NE Columbia Heights, MN 55421

Keller Williams Realty Integrity Lakes is the brokerage office representing the seller for this listing.

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{"Id":1391881,"ORGTABLE":"RAW_Property","MLSCLASS":"COM","MLSNUMBER":"NST6763864","MLSAGENTID":"NST175529032","MLSOFFICEID":"NST6582","ADDRESS":"4733 University Avenue NE","ACRES":0.24,"AGENTOWNER":false,"AUCTIONYN":false,"CITY":"Columbia Heights","CONTINGENCY":"None","COUNTY":"Anoka","CURRENTUSE":"Residential","DISTRIBUTEADDRESSTOINTERNET":true,"DISTRIBUTETOINTERNET":true,"EXTERIOR":"Stucco","FORECLOSURE":"No","LASTPRICE":655000.0,"LASTPRICEDATE":"2025-08-05T18:04:03.553","LATITUDE":45.054579,"LENDEROWNED":"No","LISTDATE":"2025-08-05T05:00:00","LISTPRICE":655000.0,"LIVINGAREA":2450.0,"LONGITUDE":-93.262492,"MODIFICATIONTIMESTAMP":"2025-08-05T18:48:03.86","OFFICE_OFFICENAME":"Keller Williams Realty Integrity Lakes","PHOTOCOUNT":28,"POSTALCODE":"55421","POTENTIALSHORTSALE":"No","PUBLICREMARKS":"Solid 6-Unit Multifamily Investment – Fully Leased with Upside in Columbia Heights!\n\nExcellent opportunity for investors to acquire a well-maintained, fully occupied 6-unit apartment building in the high-demand Columbia Heights submarket, just minutes from Northeast Minneapolis and downtown. The property features a desirable unit mix of two 2-bedroom and four 1-bedroom units, generating $78,000 in annual gross income and a current net operating income of $30,499.\n\nThe building has been professionally managed with recent updates, ensuring low maintenance and smooth day-to-day operations. All six units are currently leased, offering immediate cash flow. With current monthly rents averaging approximately $1.10/SF and market rents trending higher, there's clear potential to increase income over time through strategic unit upgrades and rent optimization.\n\nAdditional highlights include 11 off-street parking spaces, a 10,280 SF lot, brick and stucco exterior, natural gas boiler, pitched asphalt roof, and city-connected water/sewer. 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