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Street View
$450,000
Monthly Est:$2,240
-- Bed
- -- Bath
11.98acres lot
1815 University Dr SE, Saint Cloud, MN 56304
$450,000
$2,240/moEst:
Get Pre-Approved
Land
Built in -
$-- HOA
11.98 acres lot
$37,563/acre
Description
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.
- Houzeo last checked: 12 hours ago
- Listing updated: September 24, 2026 at 5:58 pm
- Listing Provided by: Deborah Baier (320) 761-0952 | RE/MAX Results (320) 251-2200
- Source: Northstar MLS-MN | MLS#: 7140010

Property Details
Status
Active
Type
Land
No. of Stories
-
County
City
Neighborhood
--
Year Built
-
HOA Fees
-
Finished Area
- sqft
Lot Size
11.98 acres lot
Basement Area
- sqft
MLS Name
Northstar MLS
MLS Number
7140010
Days on Market
15

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: --
Bathroom: --
Utilities & Energy
Utilities
Cable Available, Electricity Available, Natural Gas Available, None Connected, Sewer Available, Water Available
Price History
| Date | Event | Price |
|---|---|---|
09/24/2026 Source: | Listed for Sale | $450,000 $0/sqft |
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Based on information submitted to the MLS GRID from the REGIONAL MULTIPLE LISTING SERVICE OF MINNESOTA, INC through Oct 09, 2026, 02:31PM. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. 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. All data is obtained from various sources and may not have been verified by the 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.
Information deemed reliable but not guaranteed. The property data presented reflects information otherwise available from public records. The real estate broker participating in MLS and providing this information may not have represented the buyer or seller in some or all of the transactions. Listings courtesy of Northstar MLS as distributed by MLS GRID. © 2026 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved.
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