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Minnesota Hennepin County Minneapolis Seward Riverside Flats

Riverside Flats

940 Franklin Ter, Minneapolis, MN 55406

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(0 reviews)

Property Rating

4.0
Great
Out of 5

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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.

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  • Total Monthly Price

    $1,117

  • Bedrooms

    1 bd

  • Bathrooms

    1 ba

  • Square Feet

    535 sq ft

Riverside Flats
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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!

Read More

Highlights

  • Bike-Friendly Area
  • Roof Terrace
  • Controlled Access
  • Walking/Biking Trails
  • Elevator
  • Balcony
  • Property Manager on Site
  • Views

Pricing & Floor Plans

Cost Calculator: Estimate your monthly and one-time fees.
1 Bedroom A $1,117 Total Monthly Price
1 Bed 1 Bath 535 Sq Ft $400 Deposit
1 Available unit
Unit
Total Price
Sq Ft
Availability
Unit Details
  • Unit 202
    price $1,117
    square feet 535
    availibility Mar 1, 2026
1 Bedroom A $1,117 Total Monthly Price
1 Bed 1 Bath 535 Sq Ft $400 Deposit
1 Available unit
Unit
Total Price
Sq Ft
Availability
Unit Details
  • Unit 202
    price $1,117
    square feet 535
    availibility Mar 1, 2026
* Price shown is total price based on community-supplied monthly required fees. 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.
* 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. Use the Cost Calculator to add these fees to the base price.

  • Utilities & Essentials
    • RUBS_Trash Removal
      Charged per unit.
      $12 / mo
    • Monthly Utility Bill Processing Fee
      Charged per unit.
      $4.95 / mo
    • RUBS_Water/Sewer
      Charged per unit.
      Varies
  • One-Time Basics
    • Due at Application
      • Pre-Lease Deposit
        This deposit will be applied to the security deposit. Charged per unit.
        $400
      • Application Fee (Per Applicant)
        Charged per applicant.
        $50
  • Cats
    • Pet Deposit
      Max of 2. Charged per pet.
      $0
    • Pet Fee
      Max of 2. Charged per pet.
      $200
    • Pet Rent
      Max of 2. Charged per pet.
      $0 / mo
    0 lbs. Weight Limit, Pet interview, Spayed/Neutered
    Restrictions:
    Must be at least 1 year of age.
    Read More Read Less
  • Garage Lot
    • Parking Fee
      Max of 1. Charged per vehicle.
      $65 / mo
    Comments
    Max of 1, Heated Underground Parking Garage; Call for Availability.
    Read More Read Less
  • Additional Parking Options
    • Street Parking
      Street Parking Available
  • Bike Storage
    • Storage Fee
      Charged per rentable item.
      $0

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.

Details

Utilities Included

  • Heat

Lease Options

  • 6 mo, 12+ mo

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

  • Remodeled Units
  • Balcony in some 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

Indoor Features

  • 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
  • Remodeled Units
  • Balcony in some 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
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 Avenue Station
Drive: 3 min 1.3 mi
Westgate Station
Drive: 4 min 1.4 mi
Commuter Rail Distance
Commuter Rail Distance
Target Field Station
Drive: 9 min 3.3 mi
St. Paul-Minneapolis
Drive: 13 min 8.3 mi
Fridley Station
Drive: 17 min 11.8 mi
Coon Rapids-Riverdale Station
Drive: 32 min 24.1 mi
Anoka Station
Drive: 33 min 25.8 mi
Airports Distance
Airports Distance
Minneapolis-St Paul International/Wold-Chamberlain
Drive: 20 min 9.3 mi
Very Walkable
78
Walk Score®
Out of 100
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Good Transit
53
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 drive. 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

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Riverside Flats Photos

  • Riverside Flats

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

  • 1BR, 1BA - 640SF - Kitchen

Models

  • 1 Bedroom

  • 1 Bedroom C

  • 2 Bedroom C

  • 1 Bedroom B

Nearby Apartments

Within 50 Miles of Riverside Flats

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  • Fine Living at Aquila Park & Royal Park

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  • Sumter Green Apartments

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    $1,247 - $1,597 Total Monthly Price

    1-2 Br 6 Month Lease 8.2 mi

  • Shelard Village Apartments

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    $1,695 - $1,735 Total Monthly Price

    1-3 Br 8.7 mi

  • The Concord

    1240 Bryant Ave

    South Saint Paul, MN 55075

    $1,192 - $1,391 Total Monthly Price

    1-2 Br 9.5 mi

Frequently Asked Questions
Does Riverside Flats have in-unit laundry?

While Riverside Flats does not provide in‑unit laundry, on‑site laundry facilities are available for shared resident use.

What utilities are included in rent at Riverside Flats?

Riverside Flats includes heat in rent. Residents are responsible for any other utilities not listed.

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

Riverside Flats has one-bedroom apartments renting for $1,117/mo.

Is Riverside Flats pet-friendly?

Yes, Riverside Flats welcomes pets. Breed restrictions, weight limits, and additional fees may apply. View this property's pet policy.

How much income do I need to rent at Riverside Flats?

A good rule of thumb is to spend no more than 30% of your gross income on rent. Based on the lowest available rent of $1,117 for a one-bedroom, you would need to earn about $40,000 per year to qualify. Want to double-check your budget? Try our Rent Affordability Calculator to see how much rent fits your income and lifestyle.

Does Riverside Flats have move-in specials?

Riverside Flats is offering Discounts for eligible applicants, with rental rates starting at $1,117.

Does Riverside Flats offer Matterport 3D tours?

Yes! Riverside Flats offers 2 Matterport 3D Tours. Explore different floor plans and see unit level details, all without leaving home.

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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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