1815 University Drive SE, Saint Cloud, MN 56304
$450,000
Property Type:
Land
Lot Size (sq. ft.):
521,849
Status:
Active
Current Price:
$450,000
List Date:
9/24/2026
Last Modified:
9/24/2026
Overview
Description
...
(Read more)
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.
Listing Details MLS# 7140010
General Property Information
- Comp Sale YN
- No
- Development
- No
- Lot Measurement
- Acres
- Multiple PIDs?
- No
- Plat Recorded
- Yes
- Waterfront YN
- No
- Yearly/Seasonal
- Yearly
- Zoning
- Residential-Multi-Family
- Lot Dimensions
- 285x535x459x529x723x1064
- Acres
- 11.98
- Assessment Pending
- No
Property Features
Available Utilities:
Cable Available; Electricity Available; Natural Gas Available; None Connected; Sewer Available; Water Available
Development Status:
Raw Land
Improvements:
Public Road
Land Inclusions:
None
Topography:
Wooded
Contract Information
- Contingency
- None
- Original List Price
- 450000
- ListPrice
- 450000
- Owner is an Agent?
- No
- Auction?
- No
Location Tax and Other Information
- House Number
- 1815
- Street Name
- University
- Street Suffix
- Drive
- Street Direction Suffix
- SE
- Postal City
- Saint Cloud
- County
- Sherburne
- State
- MN
- Zip Code
- 56304
Assessments
- Tax With Assessments
- 1190
Builder Information
- Builder Restrictions
- Open
More Information
Lease Details
- Land Leased
- Not Applicable
Miscellaneous Information
- Homestead
- No
Ownership
- Fractional Ownership
- No
Public Survey Info
- Range#
- 30
- Section#
- 6
- Township#
- 35
Listing Office:
RE/MAX Results
Last Updated: September - 24 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker
Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal.
©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.