Riverside Flats
940 Franklin Ter,
Minneapolis,
MN
55406
-
Total Monthly Price
$1,252
-
Bedrooms
1 bd
-
Bathrooms
1 ba
-
Square Feet
640 sq ft
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!
Highlights
- Bike-Friendly Area
- Roof Terrace
- Controlled Access
- Walking/Biking Trails
- Elevator
- Balcony
- Property Manager on Site
- Views
Pricing & Floor Plans
-
Unit 411price $1,252square feet 640availibility Jun 1
-
Unit 411price $1,252square feet 640availibility Jun 1
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. Use the Cost Calculator to determine costs based on your needs.
-
Utilities & Essentials
-
RUBS_Trash RemovalCharged per unit.$12 / mo
-
Monthly Utility Bill Processing FeeCharged per unit.$4.95 / mo
-
RUBS_Water/SewerCharged per unit.Varies / mo
-
-
One-Time Basics
-
Due at Application
-
Pre-Lease DepositThis deposit will be applied to the security deposit. Charged per unit.$400
-
Application Fee (Per Applicant)Charged per applicant.$50
-
-
Due at Application
-
Cats
-
Pet DepositMax of 2. Charged per pet.$0
-
Pet FeeMax of 2. Charged per pet.$200
-
Monthly Pet FeeMax of 2. Charged per pet.$0 / mo
0 lbs. Weight Limit, Pet interview, Spayed/NeuteredRestrictions:Must be at least 1 year of age.Read More Read Less -
-
Bike Storage
-
Storage FeeCharged 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
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
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
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 SewardCompare neighborhood and city base rent averages by bedroom.
| Seward | Minneapolis, MN | |
|---|---|---|
| Studio | $922 | $1,135 |
| 1 Bedroom | $1,064 | $1,397 |
| 2 Bedrooms | $1,292 | $2,078 |
| 3 Bedrooms | $2,048 | $2,396 |
- 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
| Monday | By Appointment |
|---|---|
| Tuesday | By Appointment |
| Wednesday | By Appointment |
| Thursday | By Appointment |
| Friday | By Appointment |
| Saturday | By Appointment |
| Sunday | Closed |
| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Walk: | 14 min | 0.7 mi | |
| Drive: | 5 min | 2.0 mi | |
| Drive: | 7 min | 3.5 mi | |
| Drive: | 8 min | 4.0 mi |
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 © 2026. All rights reserved.
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 | ||
| Drive: | 3 min | 1.2 mi | |
| Drive: | 4 min | 1.2 mi | |
| Drive: | 3 min | 1.3 mi | |
|
|
Drive: | 3 min | 1.3 mi |
| Drive: | 4 min | 1.4 mi |
| Commuter Rail | Distance | ||
|---|---|---|---|
| Commuter Rail | Distance | ||
|
|
Drive: | 9 min | 3.3 mi |
|
|
Drive: | 13 min | 8.3 mi |
|
|
Drive: | 17 min | 11.8 mi |
|
|
Drive: | 32 min | 24.1 mi |
|
|
Drive: | 33 min | 25.8 mi |
| Airports | Distance | ||
|---|---|---|---|
| Airports | Distance | ||
|
Minneapolis-St Paul International/Wold-Chamberlain
|
Drive: | 20 min | 9.3 mi |
Time and distance from Riverside Flats.
| Shopping Centers | Distance | ||
|---|---|---|---|
| Shopping Centers | Distance | ||
| Walk: | 14 min | 0.8 mi | |
| Drive: | 4 min | 1.2 mi | |
| Drive: | 4 min | 1.3 mi |
| 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 |
| Hospitals | Distance | ||
|---|---|---|---|
| Hospitals | Distance | ||
| Walk: | 12 min | 0.6 mi | |
| Drive: | 4 min | 2.0 mi | |
| Drive: | 6 min | 2.2 mi |
| Military Bases | Distance | ||
|---|---|---|---|
| Military Bases | Distance | ||
| Drive: | 14 min | 6.3 mi |
Riverside Flats Photos
-
Riverside Flats
-
Riverside Flats - 1BR, 1BA - 640SF
-
-
-
-
-
-
-
1BR, 1BA - 640SF - Kitchen
Models
-
1 Bedroom
-
-
1 Bedroom C
-
2 Bedroom C
-
-
2 Bedroom A
Nearby Apartments
Within 50 Miles of Riverside Flats
-
Rose Park Commons
1634 Eldridge Ave W
Roseville, MN 55113
$975 - $1,230 Total Monthly Price
1-2 Br 12 Month Lease 4.0 mi
-
YG Flats
2034 Yorkshire Ave
Saint Paul, MN 55116
$1,299 - $1,399 Total Monthly Price
1-2 Br 4.1 mi
-
Queen Terrace Apartments
6444 Queen Ave S
Richfield, MN 55423
$1,146 - $1,166 Total Monthly Price
1 Br 6.7 mi
-
Fine Living at Aquila Park & Royal Park
8224 W 30 1/2 St
Saint Louis Park, MN 55426
$1,226 - $1,646 Total Monthly Price
1-2 Br 7.8 mi
-
Sumter Green Apartments
3016 Sumter Ave N
Crystal, MN 55427
$1,261 - $1,646 Total Monthly Price
1-2 Br 6 Month Lease 8.2 mi
-
Shelard Village Apartments
400 Ford Rd
Saint Louis Park, MN 55426
Call for Rent
1-3 Br 8.7 mi
While Riverside Flats does not provide in‑unit laundry, on‑site laundry facilities are available for shared resident use.
Riverside Flats includes heat in rent. Residents are responsible for any other utilities not listed.
Parking is available at Riverside Flats. Fees may apply depending on the type of parking offered. Contact this property for details.
Riverside Flats has one-bedroom apartments renting for $1,252/mo.
Yes, Riverside Flats welcomes pets. Breed restrictions, weight limits, and additional fees may apply. View this property's pet policy.
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 $1,252 for a one-bedroom, you would need to earn about $50,078 per year to qualify. Want to double-check your budget? Calculate how much rent you can afford with our Rent Affordability Calculator.
Riverside Flats is not currently offering any rent specials. Check back soon, as promotions change frequently.
Yes! Riverside Flats offers 2 Matterport 3D Tours. Explore different floor plans and see unit level details, all without leaving home.
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.
What is a Sound Score Rating?
A Sound Score Rating aggregates noise caused by vehicle traffic, airplane traffic and local sources.
940 Franklin Ter
Minneapolis, MN 55406