Sean Drury, Realtor, Associate Broker, Partner, CRS, ABR, SFR, GRI

4927 University Avenue Ne, Columbia Heights, MN 55421

$1,850,000
SQUARE FEET 14,280
MLS# 7165627
SAVE TOUR PROPERTY
  • 4927 University Avenue Ne, Columbia Heights, MN 55421 Main Photo

21 Photos

Ask a Question

Sean Drury, Realtor, Associate Broker, Partner, CRS, ABR, SFR, GRI

Sean Drury, Realtor, Associate Broker, Partner, CRS, ABR, SFR, GRI
Call: (612) 581-9002

STATUS: Active
PROPERTY TYPE: Commercial - Business
SUBDIVISION: Roslyn Park
SCHOOL: Columbia Heights
Call / Map Listing / Print / Share / Email

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.

4927 University Avenue Ne | MLS# 7165627

This commercial property located at 4927 University Avenue Ne, Columbia Heights, MN 55421 is currently listed for sale with an asking price of $1,850,000. University Avenue Ne is located within the Columbia Heights school district. Search Columbia Heights real estate on sdrury.counselorrealty.com today.

Property Features

Property Type: Commercial - Business
Fuel Type: Natural Gas
Heating: Boiler, Radiator
Lot Size: 0.24 Acres
Roof Type: Age Over 8 Years
Stories: 2.0
Taxes: $32,429
Year Built: 1961

Feature Descriptions

Appliances: Range, Refrigerator
Current Use: Residential
Days on Site: 5
Exterior: Frame
Foundation Size: 4760
Lot: Tree Coverage - Light
Lot Dimensions: 160 x 130
Owners Expense: Gas, Heat, Hot Water, Insurance, Grounds Care, Repairs, Sewer, Snow Removal, Taxes, Trash Collection, Water
Ownership Decription: Potential Shortsale, Foreclosure
Parcel#: 263024240114
Parking: Parking Lot
Road Frontage: City Street
Sale Includes: Building, Leases
Sewer: City Sewer/Connected
Tenant Expenses: Electricity
Units: 22
Utilities: Electric Common, Electric Separate, Heating Common, Hot Water Common
Water: City Water/Connected

Local Schools

School District: Columbia Heights

Listed By / Shown By

Listed By

Agency Name: Peritus Real Estate
Agency Phone: 612-554-7794

Shown By

Agent Name: Sean Drury, Realtor, Associate Broker, Partner, CRS, ABR, SFR, GRI
Agent Phone: (612) 581-9002
Agency Title: Counselor Realty

IDX logo

TOUR PROPERTY

Choose a date and time to see 4927 University Avenue Ne, Columbia Heights, MN 55421.
An agent will get in touch to confirm your request shortly.

Request a Showing
Choose your video chat app
  • Wednesday November 11
  • Thursday November 12
  • Friday November 13
  • Saturday November 14
  • Sunday November 15
  • Monday November 16
  • Tuesday November 17
  • Wednesday November 18
  • Thursday November 19
  • Friday November 20
  • Saturday November 21
  • Sunday November 22
  • Monday November 23
  • Tuesday November 24
  • Wednesday November 25
  • 7:00 AM
  • 7:30 AM
  • 8:00 AM
  • 8:30 AM
  • 9:00 AM
  • 9:30 AM
  • 10:00 AM
  • 10:30 AM
  • 11:00 AM
  • 11:30 AM
  • 12:00 PM
  • 12:30 PM
  • 1:00 PM
  • 1:30 PM
  • 2:00 PM
  • 2:30 PM
  • 3:00 PM
  • 3:30 PM
  • 4:00 PM
  • 4:30 PM
  • 5:00 PM
  • 5:30 PM
  • 6:00 PM
  • 6:30 PM
  • 7:00 PM
  • 7:30 PM
  • 8:00 PM
  • 8:30 PM
  • 9:00 PM
Preferred Communication Method

Near By

Powered by Yelp


By searching Listing Data you agree to this End User License Agreement

Copyright 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.

Terms of Use

Agency License Information: Counselor Realty, Inc. is licensed in Minnesota and Wisconsin; Counselor Realty, Inc. of Alexandria is licensed in Minnesota; Counselor Realty Detroit Lakes, LLC is licensed in Minnesota; Counselor Realty of Rochester is licensed in Minnesota; Counselor Realty of Victoria, LLC is licensed in Minnesota; Counselor Realty of Brainerd is licensed in Minnesota.

Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 11/10/2026. The listing information on this page last changed on 11/10/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 11/10/2026 12:03:21 AM EST) or RMLS-MN MLS (last updated Mon 11/09/2026 11:53:27 PM EST). Real estate listings held by brokerage firms other than Counselor Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

By searching Listing Data you agree to this End User License Agreement
© 2026 Regional Multiple Listing Service of Minnesota, Inc. All rights reserved.


Listing data and photos distributed by MLSGRID
Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.




STATE OF LICENSURE: MINNESOTA
Privacy Policy / DMCA Notice / ADA Accessibility
Federal Housing Equal Opportunity Realtor
This site is hosted, designed and copyright © 1994 - 2026 by Delta Media Group, Inc. -- Patent Pending --
  

Login to My Homefinder

Forgot Password

Register