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$575,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • 3,600 Sq. Ft.
  • 0.206 Acres
  • Updated 2 hours ago
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well maintained 6 unit building with all 1 bedroom apartments in a quiet area of Columbia Heights. Buy this great building for the price of many duplexes! Great next step building!

Full Property Details for 538 Summit St NE

General

  • Price: $575,000
  • Taxes: $9,303 (2026)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7101349
  • Updated: Today (6/29/2026)
  • Added to Site: Today

Parking

  • Parking Features: Parking Lot

Location

  • County: Anoka
  • Township: Columbia Heights
  • Subdivision: Columbia Heights Annex
  • Driving Directions: I694 to Central ave. South on Central to 42nd. east on 42 to summit. South on Summit to address.

School Information

  • School District: 13 - Columbia Heights
  • High School District: Columbia Heights

Heating & Cooling

  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Separate, Heating Separate, Hot Water Separate

Structural Information

  • Foundation Size: 1800
  • Disability Access: None
  • Square Feet: 3,600
  • Finished Down/Base.: 3,600 Sq. Ft.
  • Current Bldg. Use: Residential
  • Year Built: 1957

Lot Features

  • Lot Size (Acres): 0.206
  • Lot Dimensions: 70 x 128
  • Zoning: Residential-Multi-Family

Financial Considerations

  • Operating Expenses: $25,000
  • Tax Amount: $9,303
  • Tax Year: 2026
  • Owner Pays: Sewer, Trash Collection, Water
  • Tenant Pays: Electricity, Heat, Hot Water
  • Pays Electric: Tenant Pays
  • Pays Heat: Tenant Pays
  • Pays Trash: Owner Pays
  • Pays Water: Tenant Pays

Disclosures and Reports

  • Legal Description: COLUMBIA HEIGHTS ANNEX TO MINNEAPOLIS, ANOKA COUNTY, MINNESOTA LOTS 7 & 8 BLK 66 COL HTS ANNEX
  • Inclusions: Building, Business Assets
  • Property ID: 353024310087

Listed by Peritus Real Estate

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— 538 Summit St NE —

  • Peritus Real Estate

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NMLS#: 1598647

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NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 538 Summit St NE

School District:Columbia Heights Public School District
NameGradesDistance
North Park Elementary School
5575 Fillmore St Ne, Fridley, MN 55432
PK-52.2 mi
Columbia Academy
900 49th Ave Ne, Columbia Heights, MN 55421
6-81.2 mi
Columbia Heights Senior High School
1400 49th Avenue Northeast, Columbia Heights, MN 55421
9-121.4 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 538 Summit St NE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/29/2026
Listed
$575,000
53.33%
MLS
3/09/2016
Sold
$375,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 538 Summit St NE

Year
Property Taxes
Change
Tax Assessment
Change
2026
$9,303
8%
$524,100
9%
2025
$8,618
2%
$482,000
1%
2024
$8,420
25%
$478,100
-5%
2023
$6,717
-8%
$503,400
8%
2022
$7,285
10%
$464,200
9%
2021
$6,641
7%
$425,700
100%
2020
$6,222
-6%
-100%
2021
$6,602
35%
$364,200
42%
2018
$4,883
12%
$256,700
13%
2017
$4,351
-12%
$227,000
3%
2016
$4,951
10%
$221,100
9%
2015
$4,490
-20%
$202,900
-19%
2014
$5,586
—
$249,200
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Peritus Real Estate

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538 Summit Street NE, Columbia Heights, MN 55421 (MLS# 7101349) is a Commercial property. 538 Summit Street NE is currently listed for $575,000 and was received on June 29, 2026. Want to learn more about 538 Summit Street NE? Do you have questions about finding other Commercial real estate for sale in Columbia Heights? You can browse all Columbia Heights real estate or contact a Coldwell Banker agent to request more information.

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