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This 11+-acre parcel offers a strong multifamily development opportunity along University Drive. Zoned R-5 Multifamily, the property sits in an established rental area and is well aligned with continued residential development. The size of the parcel provides flexibility for site planning, building layout, parking, green space, and potentially phased development. Its location along University Drive also offers good visibility and convenient access, making it an attractive option for a developer or investor looking for a larger multifamily site. With the zoning already supporting multifamily use, the property provides an opportunity to explore a range of residential concepts subject to city requirements and approvals; utility availability, access, density, stormwater, wetlands, soils, and other site-specific development considerations of a buyer’s normal due diligence. Based on contour maps and the National Wetlands Inventory, there are wetlands in part of the 11 acres. Overall, this is a sizable development parcel in an established rental corridor with zoning, location, and acreage that create a compelling opportunity for future multifamily development.

RE/MAX Results is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) 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(RMLS) of Minnesota, Inc distributed by MLS GRID. 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.
Patrick Buckley is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Patrick Buckley, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 9/24/2026 4:51:00 PM.
Equal Housing Opportunity.

This 11+-acre parcel offers a strong multifamily development opportunity along University Drive. Zoned R-5 Multifamily, the property sits in an established rental area and is well aligned with continued residential development. The size of the parcel provides flexibility for site planning, building layout, parking, green space, and potentially phased development. Its location along University Drive also offers good visibility and convenient access, making it an attractive option for a developer or investor looking for a larger multifamily site. With the zoning already supporting multifamily use, the property provides an opportunity to explore a range of residential concepts subject to city requirements and approvals; utility availability, access, density, stormwater, wetlands, soils, and other site-specific development considerations of a buyer’s normal due diligence. Based on contour maps and the National Wetlands Inventory, there are wetlands in part of the 11 acres. Overall, this is a sizable development parcel in an established rental corridor with zoning, location, and acreage that create a compelling opportunity for future multifamily development.

RE/MAX Results is the brokerage office representing the owner for this listing.
© Copyright 2026, Regional Multiple Listing Service(RMLS) 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(RMLS) of Minnesota, Inc distributed by MLS GRID. 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.
Patrick Buckley is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Patrick Buckley, a broker participant of the Regional Multiple Listing Service of Minnesota, Inc. Northstar MLS data last updated at 9/24/2026 4:51:00 PM.
Equal Housing Opportunity.