# 1815 University Drive SE, Saint Cloud, MN 56304 > **TL;DR:** land, $450,000. Est. $2,406/mo. Listed 3 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $450,000 | | Lot Size | 521,849 sqft (11.98 acres) | | Property Type | Land (Other) | | Status | Active | | Days on Market | 3 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $2,275 | | Estimated Insurance | $131 | | **Total** | **$2,406** | ## Property Highlights - 11.98 acre lot ## Description ### Agent 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. ## Location - **Address:** 1815 University Drive SE, Saint Cloud, MN 56304 - **County:** Sherburne - **Coordinates:** 45.550426, -94.126358 - **Google Maps:** https://www.google.com/maps?q=45.550426,-94.126358 ## Listing Agent - **Name:** Deborah Baier - **Brokerage:** RE/MAX Results - **Phone:** (952) 829-2900 - **Broker Phone:** (952) 829-2900 - **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1815-University-Dr-SE_Saint-Cloud_MN_56304_M71716-19851?f=listhub&s=RMLSMN&m=7140010&c=propsimple) ## Photos ![1815 University Drive SE - Photo 1](http://lh.rdcpix.com/db639573d98c41cf514fae40920eb85bl-f433605973r.jpg) ![1815 University Drive SE - Photo 2](http://lh.rdcpix.com/db639573d98c41cf514fae40920eb85bl-f2744167288r.jpg) ![1815 University Drive SE - Photo 3](http://lh.rdcpix.com/db639573d98c41cf514fae40920eb85bl-f2706310901r.jpg) ![1815 University Drive SE - Photo 4](http://lh.rdcpix.com/db639573d98c41cf514fae40920eb85bl-f4202514708r.jpg) ![1815 University Drive SE - Photo 5](http://lh.rdcpix.com/db639573d98c41cf514fae40920eb85bl-f3857371631r.jpg) ![1815 University Drive SE - Photo 6](http://lh.rdcpix.com/db639573d98c41cf514fae40920eb85bl-f1933478420r.jpg) ![1815 University Drive SE - Photo 7](http://lh.rdcpix.com/db639573d98c41cf514fae40920eb85bl-f1274796524r.jpg) --- **MLS#:** 7140010 | **Updated:** 2026-09-24 **Source:** listhub *Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/1815-university-drive-se-saint-cloud-mn-56304-7140010) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/1815-university-drive-se-saint-cloud-mn-56304-7140010#listing", "url": "https://www.propertysimple.ai/listing/1815-university-drive-se-saint-cloud-mn-56304-7140010", "name": "1815 University Drive SE, Saint Cloud, MN 56304", "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. 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