Last updated September 15 2025 at 2:22 AM
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Riverside Flats
Property highlights
Located near the University of Minnesota's West Bank, Riverside Flats boasts a prime position with nearby parks, riverfronts, and a diverse array of dining options enriching the living experience. Residents appreciate recent upgrades including modern appliances, updated flooring, and fresh aesthetics. Highlights like the rooftop deck provide unique spaces to relax, while underground parking and bike storage add practicality. The proximity to major transportation hubs enhances ease of commuting. Residents love the attentive on-site management and secure, controlled entry, ensuring a comfortable environment.
3 units available
1 Bed • 2 Beds
Location
940 Franklin Ter, Minneapolis MN 55406, Seward
Amenities
On-site laundry, Patio / balcony, Dishwasher, Cats allowed, Garage, Air conditioning + more
Price range (base price, 12 month lease)
$1,200+ mo - $1,450+ mo
Commute
Price and Availability
Verified by Riverside Flats 1 hour ago. 3 apartments available today. Rent starts at $1,200/month (base rent only—contact the property for full details).
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Unit 111
Avail. now
$1,200+ moBase rent12-mo lease
Unit 109
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$1,200+ moBase rent12-mo lease
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Similar Listings
Location
940 Franklin Ter, Minneapolis, MN 55406 Seward
Amenities
On-site laundry
Patio / balcony
Dishwasher
Cats allowed
Garage
Air conditioning
Unit Amenities
air conditioning
dishwasher
patio / balcony
bathtub
carpet
ceiling fan
microwave
oven
range
refrigerator
smoke-free units
Property Amenities
elevator
garage
parking
on-site laundry
cats allowed
pet friendly
bike storage
cc payments
e-payments
online portal
smoke-free community
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 have recently updated the apartment units and exterior and offer several amenities you won't find in the neighborhood...elevator, underground parking, laundry on each floor, dishwasher, balcony and lots of closet space. Come check out your new home!
Verified reviews
Property Details (Fees & Lease)
Must have 2.95x the rent in total household income (before taxes)
limit
2
fee
200
restrictions
Must be at least 1 year of age and spayed/neutered.
Explore the Area
Seward Community Co-op
0.2 mi
Fresh Thyme
0.8 mi
Gopher Express
0.8 mi
United Noodle
0.8 mi
Cub Foods
0.9 mi
Gandhi Mahal's Curry In A Hurry
0.1 mi
Soberfish
0.3 mi
Code Blu Coffee
0.3 mi
Co-op Creamery Café
0.4 mi
Cafe Racer
0.4 mi
31 Av S
0.1 mi
31 Av S
0.1 mi
30 Av S
0.1 mi
30 Av / Riverside
0.1 mi
29 Av S
0.2 mi
Minneapolis-Saint Paul International Airport
5.7 mi
Rosackers Number 1 Seaplane Base
7.9 mi
St. Paul Downtown Airport
8.3 mi
Crystal Airport
9.2 mi
Peterson Seaplane Base
9.8 mi
4 /10
Seward Elementary School
PublicK-8
867 Students
0.3 mi
2 /10
Metro Schools College Prep
Charter9-12
254 Students
0.7 mi
2 /10
Pratt Elementary School
PublicPK-5
278 Students
0.7 mi
1 /10
Anishinabe Academy
PublicPK-8
226 Students
0.7 mi
3 /10
Sullivan Elementary School
PublicPK-8
651 Students
0.7 mi
Data provided by GreatSchools. Ratings are based on test scores and additional metrics when available.
Annie Young Meadow
0.3 mi
Caleb Dorr Circle
0.3 mi
Riverside Park
0.4 mi
Matthews Park
0.4 mi
Triangle Park
0.4 mi
Los Campeones
0.3 mi
Big River Yoga
0.4 mi
Northern Clay Center
0.5 mi
Luxton Park Recreation Center
0.5 mi
The Landing Strip
0.6 mi
Franklin Terrace Off-Leash Dog Park
0.1 mi
Franklin Terrace Off-Leash Dog Park
0.1 mi
Franklin Terrace Off-Leash Dog Park
0.1 mi
East Lake Animal Clinic
1.2 mi
Meeker Island Dog Park
1.3 mi
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Frequently Asked Questions
Frequently Asked Questions (FAQs)
Riverside Flats has 3 units available starting at $1,200 per month (base price without fees when signing a 12 month lease). Check out the Price and Availability section for the most up-to-date unit information.
In Minneapolis, MN, the average rent is $1,239+ for a studio, $1,562+ for a 1-bedroom, $2,063+ for a 2-bedroom, and $2,524+ for a 3-bedroom.* For more information on rental trends in Minneapolis, MN, check out our monthly Minneapolis, MN Rent Report.
*Based on base prices that don’t include fees
Some of Riverside Flats's amenities include on-site laundry, patio / balcony, and dishwasher. To see the other amenities this property offers, check out the Amenities section.
Riverside Flats is not currently offering any rent specials.
Yes, Riverside Flats is pet-friendly.
Yes, Riverside Flats offers parking.
No, Riverside Flats does not offer units with in unit laundry.
No, Riverside Flats does not have a pool.
No, Riverside Flats does not have accessible units.
Yes, Riverside Flats has units with dishwashers.