Riverside Flats Apartments

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Riverside Flats

940 Franklin Ter
Minneapolis, MN 55406

1–2 Bedrooms
535–800 Square Feet

About Riverside Flats

Riverside Flats is ideally located near the U of M West Bank campus, the Mississippi River, several parks, biking/walking paths, restaurants, local services and so much more! You are minutes from I-94 with easy access to I-35W and I-280. We recently updated the common areas and offer several amenities you won't find in the neighborhood...elevator, underground parking, laundry on each floor, dishwasher, balcony (optional) and lots of closet space. Come check out your new home!

Riverside Flats is located in the Seward Neighborhood and 55406 Zip code of Minneapolis, MN.

Property Contact Info

This property currently does not have availability listed on ApartmentHomeLiving.com. Sign up to get notified when it becomes available.Request Availability Alert

Office Hours

Monday	By Appointment
Tuesday	By Appointment
Wednesday	By Appointment
Thursday	By Appointment
Friday	By Appointment
Saturday	By Appointment
Sunday	Closed

Floorplan Pricing and Availability

1 Bedrooms
2 Bedrooms

1 Bedroom
1 Bedroom B
1 Bed, 1 Bath, 640 sq ft
Model Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Deposit
Unavailable 1 Bedroom B 640 sq ft $400
Model Amenities and Features
Features
High Speed Internet Access
Smoke Free
Apartment Model: 1 Bedroom B1 Bedroom, 1 Bath, 640 sq ftUnavailable
1 Bedroom B - Floorplan
1 Bedroom C
1 Bed, 1 Bath, 670 sq ft

Largest 1 BedroomThis is the largest 1 Bedroom at this Property
Model Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Deposit
Unavailable 1 Bedroom C 670 sq ft $400
Model Amenities and Features
Features
High Speed Internet Access
Smoke Free
Apartment Model: 1 Bedroom C1 Bedroom, 1 Bath, 670 sq ftUnavailable
1 Bedroom C - Floorplan
1 Bedroom A
1 Bed, 1 Bath, 535 sq ft

Availability Details
Availability Date Unit Sq Ft
Unavailable 1 Bedroom A 535 sq ft
2 Bedrooms
Sort by
2 Bedroom D
2 Beds, 1 Bath, 800 sq ft
Available Now
Largest 2 BedroomThis is the largest 2 Bedroom at this Property
Model Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft
Available Now 2 Bedroom D 800 sq ft
Apartment Model: 2 Bedroom D2 Bedroom, 1 Bath, 800 sq ftAvailable Now
2 Bedroom D - Floorplan
2 Bedroom B
2 Beds, 1 Bath, 755 sq ft
Model Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Deposit
Unavailable 2 Bedroom B 755 sq ft $400
Model Amenities and Features
Features
High Speed Internet Access
Smoke Free
Apartment Model: 2 Bedroom B2 Bedroom, 1 Bath, 755 sq ftUnavailable
2 Bedroom B - Floorplan
2 Bedroom C
2 Beds, 1 Bath, 755 sq ft

Model Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Deposit
Unavailable 2 Bedroom C 755 sq ft $400
Apartment Model: 2 Bedroom C2 Bedroom, 1 Bath, 755 sq ftUnavailable
2 Bedroom C - Floorplan
2 Bedroom A
2 Beds, 1 Bath, 740 sq ft
Available Sep 8
Model Gallery
Floorplans
Availability Details
Availability Date Unit Sq Ft Property Map
September 8, 2026 310 740
Unit 310 Gallery
Property Map
Apartment Model: 2 Bedroom A2 Bedroom, 1 Bath, 740 sq ftAvailable September 8, 2026
2 Bedroom A - Floorplan
Apartment Unit: 310Apartment Model: 2 Bedroom A2 Bedroom, 1 Bath, 740 sq ftAvailable September 8, 2026
Show Unavailable Floorplans

Availability Date	Unit	Sq Ft	Deposit
Unavailable	1 Bedroom B	640 sq ft	$400

Availability Date	Unit	Sq Ft	Deposit
Unavailable	1 Bedroom C	670 sq ft	$400

Availability Date	Unit	Sq Ft
Unavailable	1 Bedroom A	535 sq ft

Availability Date	Unit	Sq Ft
Available Now	2 Bedroom D	800 sq ft

Availability Date	Unit	Sq Ft	Deposit
Unavailable	2 Bedroom B	755 sq ft	$400

Availability Date	Unit	Sq Ft	Deposit
Unavailable	2 Bedroom C	755 sq ft	$400

Availability Date	Unit	Sq Ft	Property Map
September 8, 2026	310	740

Price shown is base rent. Excludes user-selected optional fees and variable or usage-based fees and required charges due at or prior to move-in or at move-out. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.

Property Information

37 Units
4 Stories
Built in 1964

Lease Terms

6 mo, 12+ mo

Fees and Policies

The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified.

Required Fees

One-Time Basics

Due at Application: Application Fee (Per Applicant)iCharged per applicant.$50.00; Pre-Lease DepositiCharged per unit.$400.00

Utilities

RUBS_Water/SeweriVaries/mo

Monthly Utility Bill Processing Feei$4.95/mo

RUBS_Trash Removali$12.00/mo

Other Fees and Policies

Pet Fees

Cat: Pet DepositiMax of 2. Charged per Pet.$0.00; Pet FeeiMax of 2. Charged per Pet.$200.00; Monthly Pet FeeiMax of 2. Charged Per Pet.$0.00/mo

Parking Fees

Garage: Parking FeeiMax of 1. Charged per vehicle.$65.00/mo

Storage Fees

Bike Storage: Storage FeeiCharged per rentable item.$0.00

Property Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.

Features and Amenities

Unique Amenities

Balcony in some units
Remodeled Units

Unique Amenities

Garage Available

Getting Around

80 / 100 Very Walkable
Most day-to-day needs are within a few minutes' walk
70 / 100 Good public transit
Walking distance to rapid transit and frequent bus lines
80 / 100 Very Bikeable
Highly suitable for bicycle commuting and/or recreation
70 / 100 Moderately car friendly
Good access to freeways and/or major arteries, with a low chance of parking problems

Scores provided by

details

Getting to Know the Area

90 / 100 Restaurants
Exceptional variety of restaurants within a few minutes
80 / 100 Cafes
Wide variety of cafés within a few minutes
80 / 100 Nightlife
Wide variety of bars within a few minutes
80 / 100 Shopping
Wide variety of shops within a few minutes
100 / 100 Parks
Exceptionally large amount of park space within a few minutes
40 / 100 Noise Level
Some sources of noise nearby

Scores provided by

Points of Interest

Time and distance from Riverside Flats.

Big Box and Retail

Aldi

1311 E Franklin Ave

3 minute drive / 1.24 miles away

Walgreen's

4547 Hiawatha Ave

5 minute drive / 2.79 miles away

Costco

3311 Broadway St NE

6 minute drive / 2.88 miles away

Groceries

Cub Foods

2850 S 26th Ave

1 minute drive / 0.65 miles away

Aldi

1311 E Franklin Ave

3 minute drive / 1.24 miles away

Hospitals

M Health Fairview Masonic Children's Hospital

2450 Riverside Ave

1 minute drive / 0.58 miles away

M Health Fairview University Of Minnesota Medical Center - West Bank

2450 Riverside Avenue

1 minute drive / 0.59 miles away

M Health Fairview University Of Minnesota Medical Center - East Bank

500 Harvard St Se

2 minute drive / 0.76 miles away

Military Bases

Fort Snelling Military Reservation

10 minute drive / 4.75 miles away

Riverside Flats has 5 parks within 4.0 miles, including Powderhorn Park, Loring Park, Lake of the Isles, The Grand Rounds, and Como Zoo.

Riverside Flats has 5 shopping centers within 1.0 miles.

Rental Price Ranges in the Area

Bedroom	Average Rent	Cheapest Rent	Highest Rent
Minneapolis Studio Apartments	$1,334	$595	$2,439
Minneapolis 1 Bedroom Apartments	$1,640	$500	$6,469
Minneapolis 2 Bedroom Apartments	$2,205	$280	$10,000+
Minneapolis 3 Bedroom Apartments	$2,591	$739	$10,000+
Minneapolis 4 Bedroom Apartments	$2,508	$649	$7,548
Minneapolis 5 Bedroom Apartments	$3,451	$650	$8,144
Minneapolis 6 Bedroom Apartments	$3,845	$2,600	$6,051