1815 University Drive
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About this home
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.
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Home facts
Facts & features
Interior
- Bathrooms
- 0
Property
- Lot size
- 11.98 acres
- Lot dimensions
- 285x535x459x529x723x1064
- Parcel #
- 85000063210
- Zoning
- Residential-Multi-Family
Construction
- Property type
- Land
Utilities
- Utilities
- Cable Available, Electricity Available, Natural Gas Available, None Connected, Sewer Available, Water Available
Community & HOA
- HOA
- No HOA
- School district
- 742 - St. Cloud
- High school district
- St. Cloud
Financial & listing details
- Annual tax
- $1,190 (2026)
- Listed
- Sep 22, 2026
- Days on market
- 4
- Inclusions
- None
Interior details
Exterior & lot
Utilities
Parking & garage
Financial details
Schools
How SODL buyer credits work
When you buy with SODL, the brokerage charges a flat $3,000 platform fee at closing. The remaining buyer-side commission (typically 3% of the purchase price) is credited directly back to you at closing, reducing the cash you bring to the table.
- Tour homes with SODL’s flexible showing network
- Submit offers and manage your transaction through the platform
- Keep more money at closing through transparent flat-fee pricing
A clear, modern way to buy with expert guidance and meaningful savings.
Estimated monthly payment
These payment estimates are for illustration purposes only and may vary based on your lender, interest rate, credit profile, down payment, taxes, insurance, and loan terms. For a more accurate monthly payment estimate, speak with your lender or connect with SODL’s preferred lending partner.
Location
1815 University Drive, Saint Cloud, MN, 56304
Listing information
Listing information provided courtesy of the MLS. This information is deemed reliable but is not guaranteed.
