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Floor Plan View Body
Minnesota Hennepin County Minneapolis Seward Riverside Flats

Riverside Flats

940 Franklin Ter, Minneapolis, MN 55406

(0 reviews)

Property Rating

4.0
Great
Out of 5

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How Is This Rating Determined?

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763-363-5420
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  • Monthly Rent

    $1,070 - $1,485

  • Bedrooms

    1 - 2 bd

  • Bathrooms

    1 ba

  • Square Feet

    535 - 800 sq ft

Riverside Flats
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$1400 Move In Special + $500 Visa Gift Card!

Receive a $1400 rent credit when you move in to your new home at Riverside Flats! Plus, receive a $500 Visa Gift Card! Contact our team today to schedule your tour! Restrictions apply.

Pricing & Floor Plans

filter results by bedrooms
1 Bedroom B $1,185 – $1,200
1 Bed 1 Bath 640 – 670 Sq Ft $400 Deposit
5 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 109
    price $1,200
    square feet 640
    availibility Now
  • Unit 408
    price $1,200
    square feet 670
    availibility Aug 1
  • Unit 307
    price $1,200
    square feet 640
    availibility Soon
  • Unit 111
    price $1,200
    square feet 640
    availibility Soon
  • Unit 209
    price $1,200
    square feet 640
    availibility Soon

2 Bedroom D $1,450 – $1,485
2 Beds 1 Bath 800 Sq Ft
2 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 310
    price $1,450
    square feet 800
    availibility Soon
  • Unit 210
    price $1,450
    square feet 800
    availibility Soon
2 Bedroom C $1,450 – $1,485
2 Beds 1 Bath 755 Sq Ft $400 Deposit
2 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 105
    price $1,450
    square feet 755
    availibility Soon
  • Unit 405
    price $1,450
    square feet 755
    availibility Soon
1 Bedroom A $1,070 – $1,100 Not Available
1 Bed 1 Bath 535 Sq Ft $400 Deposit
1 Bedroom B $1,185 – $1,200
1 Bed 1 Bath 640 – 670 Sq Ft $400 Deposit
5 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 109
    price $1,200
    square feet 640
    availibility Now
  • Unit 408
    price $1,200
    square feet 670
    availibility Aug 1
  • Unit 307
    price $1,200
    square feet 640
    availibility Soon
  • Unit 111
    price $1,200
    square feet 640
    availibility Soon
  • Unit 209
    price $1,200
    square feet 640
    availibility Soon

1 Bedroom A $1,070 – $1,100 Not Available
1 Bed 1 Bath 535 Sq Ft $400 Deposit
2 Bedroom D $1,450 – $1,485
2 Beds 1 Bath 800 Sq Ft
2 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 310
    price $1,450
    square feet 800
    availibility Soon
  • Unit 210
    price $1,450
    square feet 800
    availibility Soon
2 Bedroom C $1,450 – $1,485
2 Beds 1 Bath 755 Sq Ft $400 Deposit
2 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 105
    price $1,450
    square feet 755
    availibility Soon
  • Unit 405
    price $1,450
    square feet 755
    availibility Soon
* Price shown is base rent and may not include non-optional fees and utilities. View Fees and Policies for details. Price, availability, fees, and any applicable rent special are subject to change without notice.
* Square footage definitions vary. Displayed square footage is approximate.

Fees and Policies

The fees below are based on community-supplied data and may exclude additional fees and utilities.

  • Monthly Utilities & Services
  • Resident Utility Charge
    $4.95 Monthly Utility Processing Fee
    $5
  • One-Time Move-In Fees
  • Application Fee
    $50
  • Cats Allowed
  • Monthly pet rent
    $0
  • One time Fee
    $200
  • Pet deposit
    $0
  • Weight limit
    --
  • Pet Limit
    2
  • Requirements:
    Spayed/Neutered
  • Restrictions:
    Must be at least 1 year of age.
  • Parking
  • Street
    Street Parking Available
    --
  •  
  • Garage
    Heated underground parking
    $65/mo
    1 Max, Assigned Parking

Details

Utilities Included

  • Heat

Lease Options

  • 6 Months, 12+ Months

Property Information

  • Built in 1964
  • 37 units/4 stories

Matterport 3D Tours

Riverside Flats - 1BR, 1BA - 640SF
1/2

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 an apartment community located in Hennepin County and the 55406 ZIP Code. This area is served by the Minneapolis Public School Dist. attendance zone.

Unique Features

  • Balcony in some units
  • Remodeled Units

Contact

View Property Website
Language: English
Open By Appointment Today
  • Monday - Friday, By Appointment
  • Saturday, By Appointment
  • Sunday, Closed
Property Management Company Logo

Community Amenities

Laundry Facilities

Elevator

Roof Terrace

Controlled Access

  • Laundry Facilities
  • Controlled Access
  • Property Manager on Site
  • 24 Hour Access
  • Recycling
  • Elevator
  • Walking/Biking Trails
  • Roof Terrace

Apartment Features

Air Conditioning

Dishwasher

High Speed Internet Access

Refrigerator

Tub/Shower

Freezer

Stainless Steel Appliances

Ceiling Fans

Highlights

  • High Speed Internet Access
  • Air Conditioning
  • Heating
  • Ceiling Fans
  • Smoke Free
  • Cable Ready
  • Storage Space
  • Tub/Shower
  • Intercom

Kitchen Features & Appliances

  • Dishwasher
  • Stainless Steel Appliances
  • Eat-in Kitchen
  • Kitchen
  • Oven
  • Range
  • Refrigerator
  • Freezer

Model Details

  • Carpet
  • Vinyl Flooring
  • Views
  • Window Coverings
  • Balcony
Location Get Directions
Schools Restaurants Groceries Coffee Banks Shops Fitness
Amenities
  • Laundry Facilities
  • Controlled Access
  • Property Manager on Site
  • 24 Hour Access
  • Recycling
  • Elevator
  • Roof Terrace
  • Walking/Biking Trails
  • Balcony in some units
  • Remodeled Units
  • High Speed Internet Access
  • Air Conditioning
  • Heating
  • Ceiling Fans
  • Smoke Free
  • Cable Ready
  • Storage Space
  • Tub/Shower
  • Intercom
  • Dishwasher
  • Stainless Steel Appliances
  • Eat-in Kitchen
  • Kitchen
  • Oven
  • Range
  • Refrigerator
  • Freezer
  • Carpet
  • Vinyl Flooring
  • Views
  • Window Coverings
  • Balcony
Expenses
Recurring
Assigned Garage Parking $65
One-Time
Cat Fee $200
Utilities Included
Heat Included
Office Hours
Monday By Appointment
Tuesday By Appointment
Wednesday By Appointment
Thursday By Appointment
Friday By Appointment
Saturday By Appointment
Sunday Closed
763-363-5420
Neighborhood

One of five neighborhoods in the greater Longfellow Community, Seward lies southeast of downtown Minneapolis and is bordered on its east side by the Mississippi River. The University of Minnesota campus lies just to the northeast, across the river. The availability of local goods and services inside this compact area give residents reason to brag. It’s been likened to a borough in New York City: civic-minded, grass-roots oriented, outgoing, and infused with a strong sense of identity. As one of the older neighborhoods in Minneapolis, Seward has a long history and strong efforts to preserve its historic buildings.

Learn more about living in Seward 
Education
Colleges & Universities Distance
Colleges & Universities Distance
Augsburg College
Walk: 14 min 0.7 mi
North Central University
Drive: 5 min 2.0 mi
Univ. of St Thomas, St. Paul
Drive: 7 min 3.5 mi
University of Minnesota
Drive: 8 min 4.0 mi
Riverside Flats is within 14 minutes or 0.7 mile from Augsburg College. It is also near North Central University and Univ. of St Thomas, St. Paul.
Schools
  • Public Schools
  • Private Schools
Anishinabe Academy
Public Elementary School
Grades PK-5
236 Students
Attendance Zone
Andersen Community
Public Elementary & Middle School
Grades PK-8
747 Students
Attendance Zone
Metro Schools College Prep
Charter High School
Grades 9-12
445 Students
Nearby
South Senior High
Public High School
Grades 9-12
1,466 Students
Attendance Zone
Trinity First Lutheran School
Private Elementary & Middle School
Grades PK-8
136 Students
Nearby
Second Foundation School
Private Elementary, Middle & High School
Grades K-4, 6-7 & 9-12
45 Students
Nearby
Nawayee Center School
Private Middle & High School
Grades 7-12
50 Students
Nearby
School data provided by The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.

View GreatSchools Rating Methodology


Data provided by GreatSchools.org © 2025. All rights reserved.
Transportation

Transportation options available in Minneapolis include Prospect Park Station, located 1.2 miles from Riverside Flats. Riverside Flats is near Minneapolis-St Paul International/Wold-Chamberlain, located 9.3 miles or 20 minutes away.

Transit / Subway Distance
Transit / Subway Distance
Prospect Park Station
Drive: 3 min 1.2 mi
East Bank Station
Drive: 4 min 1.2 mi
Stadium Village Station
Drive: 3 min 1.3 mi
Franklin Ave Station
Drive: 3 min 1.3 mi
Westgate Station
Drive: 4 min 1.4 mi
Commuter Rail Distance
Commuter Rail Distance
Target Field Station & Rail Platform
Drive: 10 min 3.3 mi
St. Paul-Minneapolis
Drive: 13 min 8.3 mi
Fridley Station & Platform
Drive: 19 min 12.6 mi
Coon Rapids Riverdale Station & Platform
Drive: 31 min 24.1 mi
Anoka Station & Platform
Drive: 33 min 25.8 mi
Airports Distance
Airports Distance
Minneapolis-St Paul International/Wold-Chamberlain
Drive: 20 min 9.3 mi
Very Walkable
77
Walk Score®
Out of 100
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Good Transit
51
Transit Score®
Out of 100
The area around this property has good transit with many nearby transportation options.
Biker's Paradise
100
Bike Score®
Out of 100
Do you prefer to get around on two wheels? You’ll love living in this neighborhood, which is considered a biker’s paradise.
-
-
Soundscore™
Out of 100

Traffic:

-

Airport:

-

Businesses:

-

Score provided by

Scores provided by  and

Score provided by

Points of Interest

Time and distance from Riverside Flats.

Shopping Centers Distance
Shopping Centers Distance
Seward Crossing
Walk: 14 min 0.8 mi
Stadium Village
Drive: 4 min 1.2 mi
Minnehaha Center
Drive: 4 min 1.3 mi
Riverside Flats has 3 shopping centers within 1.3 miles, which is about a 4-minute walk. The miles and minutes will be for the farthest away property.
Parks and Recreation Distance
Parks and Recreation Distance
Matthews Park
Walk: 10 min 0.5 mi
Riverside Park
Walk: 11 min 0.6 mi
Luxton Park
Walk: 13 min 0.7 mi
Tower Hill Park
Drive: 4 min 1.3 mi
East River Flats Park
Drive: 6 min 1.5 mi
Riverside Flats has 5 parks within 1.5 miles, including Matthews Park, Riverside Park, and Luxton Park.
Hospitals Distance
Hospitals Distance
University of Minnesota Medical Center, Fairview
Walk: 12 min 0.6 mi
Hennepin County Medical Center
Drive: 4 min 2.0 mi
Children's Hospitals & Clinics of Minnesota
Drive: 6 min 2.2 mi
Riverside Flats has 3 hospitals within 2.2 miles, the nearest is University of Minnesota Medical Center, Fairview which is 0.6 mile away and a 12 minute walk.
Military Bases Distance
Military Bases Distance
Fort Snelling Military Reservation
Drive: 14 min 6.3 mi
Riverside Flats is 6.3 miles and a 14 minute drive from Fort Snelling Military Reservation.
 
 

Property Ratings at Riverside Flats

How Is This Rating Determined?

How Is This Rating Determined?

Every community on Apartments.com features a rating displayed on a 5-star scale. This rating includes average renter review scores and a building rating to determine an overall blended score for this property.

Building ratings are based on this community’s features, including the building design, construction, exterior spaces, and amenities. To learn more about the CoStar Building Rating System, refer to our official guidelines here.

4.0
Great
Out of 5

No Renter Reviews Yet

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Riverside Flats Photos

  • Riverside Flats

  • Riverside Flats - 1BR, 1BA - 640SF

  • 1BR, 1BA - 640SF - Kitchen

Models

  • 1 Bedroom

  • 1 Bedroom

  • 2 Bedrooms

  • 1 Bedroom C

  • 2 Bedroom C

Nearby Apartments

Within 50 Miles of Riverside Flats

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    1-2 Br $1,200-$1,550 8.2 mi

  • Shelard Village Apartments

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    1-3 Br $1,660-$2,075 8.7 mi

  • The Markham

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    Saint Paul, MN 55109

    1-2 Br $1,319-$1,649 10.3 mi

Frequently Asked Questions
Which floor plans are available, and what are the price ranges?

Riverside Flats has one to two bedrooms with rent ranges from $1,070/mo. to $1,485/mo.

Can I see a model or tour Riverside Flats?

You can take a virtual tour of Riverside Flats on Apartments.com.

What neighborhood is the property located in?

Riverside Flats is in Seward in the city of Minneapolis. Here you’ll find three shopping centers within 1.3 miles of the property. Five parks are within 1.5 miles, including Matthews Park, Riverside Park, and Luxton Park.

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What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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What is a Sound Score Rating?

A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources

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940 Franklin Ter

Minneapolis, MN 55406

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