Marcus & Millichap, as the exclusive listing agent, is pleased to present for sale University Terrace Apartments, a 10 unit apartment community located in the Dinkytown neighborhood of Minneapolis. 1117 7th Street SE is available for purchase for the first time in over 45 years. This offering presents an opportunity to purchase a beloved asset near the University of Minnesota. Built in 1968, this ten-unit multifamily property features a desirable unit mix of eight one-bedroom residences and two three-bedroom residences. Residents enjoy updated interiors with vinyl plank flooring, shaker cabinets, modern light fixtures, and updated appliances, making the apartments both stylish and comfortable. Ideally located on the East Bank of the Mississippi River, University Terrace Apartments is just blocks from the iconic Stone Arch Bridge and the University of Minnesota. Its proximity to the University positions the property to benefit from consistent student rental demand, with tenants seeking convenient access to campus, local dining, and entertainment. In addition, Van Cleve Park, with its baseball diamonds, tennis courts, and basketball court, is just a short walk away, providing residents with convenient access to outdoor recreation. University Terrace Apartments combines spacious layouts with an unbeatable location, offering tenants an ideal blend of urban living and neighborhood charm. One-bedroom units average $1,211 per month in rent, while three-bedroom units average $2,035 per month, reflecting strong rental demand in the area. This professionally renovated property presents a turnkey investment opportunity with reliable cash flow in one of Minneapolis’ most dynamic and high-demand rental markets.