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Flats at Malcolm Yards

505 SE Malcolm Ave, Minneapolis, MN 55414

(4)
Property Website
Floor Plan Summary
Total Monthly Price Bedrooms Bathrooms
$1,206 - $1,740 1 - 2 1 Bath
12 Month Lease

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Please contact our team for our current leasing specials!

Pricing and Floor Plans

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1 Bedroom (511B360, 511B360b)

$1,455
1 Bed, 1 Bath
622 Sq. Ft.

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1 Available Unit
Unit
Total Price
Sq. Ft.
Available
624
$1,455
622
10/5/26

1 Bedroom (511B350, 511B350A, 511B350H/L)

$1,206
1 Bed, 1 Bath
622 Sq. Ft.

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1 Available Unit
Unit
Total Price
Sq. Ft.
Available
208
$1,206
622
11/5/26

1 Bedroom (511B150, 511B150H)

$1,206
1 Bed, 1 Bath
622 Sq. Ft.

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Available Soon

1 Bedroom (511B550, 511B550b)

$1,206
1 Bed, 1 Bath
630 Sq. Ft.

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Available Soon

1 Bedroom (511B450)

$1,206
1 Bed, 1 Bath
660 Sq. Ft.

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Available Soon

1 Bedroom (511B460)

$1,455
1 Bed, 1 Bath
660 Sq. Ft.

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Available Soon

1 Bedroom (511B560b)

$1,455
1 Bed, 1 Bath
630 Sq. Ft.

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Available Soon

2 Bedroom (511C560b)

$1,740
2 Beds, 1 Bath
808 Sq. Ft.

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2 Available Units
Unit
Total Price
Sq. Ft.
Available
317
$1,740
808
9/25/26
517
$1,740
808
11/5/26

2 Bedroom (511C460, 511C460b)

$1,740
2 Beds, 1 Bath
886 Sq. Ft.

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1 Available Unit
Unit
Total Price
Sq. Ft.
Available
503
$1,740
886
Now

2 Bedroom (511C250)

$1,325
2 Beds, 1 Bath
834 Sq. Ft.

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Available Soon

2 Bedroom (511C450)

$1,325
2 Beds, 1 Bath
886 Sq. Ft.

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Available Soon

2 Bedroom (511C360A, 511C360b)

$1,740
2 Beds, 1 Bath
890 Sq. Ft.

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Available Soon
* 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.

Map of Flats at Malcolm Yards

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The Closest Campus to Flats at Malcolm Yards is University of Minnesota

Nearby Colleges and Universities

School

Commute Time (Distance)

Augsburg College

Drive: 6 min (2.1 mi)

University of Minnesota

Drive: 7 min (2.4 mi)

Univ. of St Thomas, St. Paul

Drive: 7 min (2.8 mi)

Univ. of Minnesota, Saint Paul

Drive: 9 min (3.1 mi)

Income Restrictions

Income restrictions apply to some or all residents. Contact the community for more information.

How To Qualify

Based on the size of your household, your Maximum Annual Income must be equal to or less than the amount listed in this chart.

1 Person Household
% AMIIncome Limit
30%$27,810
50%$46,350
60%$55,620

Details

Lease Term Options

  • 12 mo

Property Information

  • Built in 2023
  • 143 units / 6 stories

Fees and Policies

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

Utilities & Essentials

  • Utility - Billing Administrative Fee
    $4.25 / mo
  • Utility - Gas
    Included in Rent / mo
  • Utility - Water
    Included in Rent / mo
  • Utility - Sewer
    Included in Rent / mo
  • Utility- Trash
    Included in Rent / mo

One-Time Basics

Due at Application

  • Application Fee Per Applicant
    $50

Due at Move-In

  • Security Deposit - Refundable
    Varies one-time

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.

Matterport 3D Tours

Property Highlights

The Flats are Prospect Park's newest income qualified apartments. Explore modern, pet-friendly, living spaces and functional amenity spaces designed to enhance your everyday. Amenities include a Sky Lounge, Fitness Center, Underground Heated Parking, Work-from-Home Stations, Common Area WIFI, and more.

  • 24-hour maintenance
  • Accessible Apartments
  • Amazing Location
  • BBQ/Picnic Area
  • Carpeting
  • Central Air Conditioning
  • CoWorking Space
  • Efficient Appliances
  • Electronic Thermostat
  • EV Charging Stations

Apartment Features

  • Air Conditioning
  • Balcony
  • Ceiling Fans
  • Den
  • Dishwasher
  • Disposal
  • Eat-in Kitchen
  • Freezer
  • Granite Countertops
  • Hardwood Floors

Community Features

  • 24 Hour Access
  • Bicycle Storage
  • Business Center
  • Car Charging Station
  • Clubhouse
  • Controlled Access
  • Elevator
  • Fitness Center
  • Garages
  • Grill

Area Scores

Walkability

Fairly walkable50 / 100

Transit

Good public transit60 / 100

Driveability

Exceptionally drivable90 / 100

Bikeability

Moderately bikeable70 / 100

Scores provided by

Soundscore ™

Active76 / 100

Scores provided by
HowLoud

Transit

Subway
Westgate Station
1 min Drive
Subway
Prospect Park Station
2 min Drive
Subway
Stadium Village Station
3 min Drive
Subway
Raymond Ave Station
2 min Drive
Commuter Rail
Target Field Station & Rail Platform
13 min Drive
Commuter Rail
St. Paul-Minneapolis
12 min Drive
Amtrak
Airport
Minneapolis-St Paul International/Wold-Chamberlain
20 min Drive
MSP

Moving to Prospect Park, Minneapolis, MN

Shopping Centers

Shoppers will appreciate Flats at Malcolm Yards proximity to Stadium Village, Park Crossing, and 2426-2434 W University Ave. Stadium Village is 1 mile away, and Park Crossing is within an 18 minute walk.

Commuting

With a TransitScore of 60, Flats at Malcolm Yards has good public transit, including 10 transit stops within 24.3 miles. Transit options include Prospect Park Station and Westgate Station.

Parks and Recreation

Recreational activities near Flats at Malcolm Yards are plentiful. Discover 5 parks within 2 miles, including Tower Hill Park, Luxton Park, and Bell Museum of Natural History.

Airports

Living in Prospect Park provides easy access to Minneapolis-St Paul International/Wold-Chamberlain, located just 21 minutes from Flats at Malcolm Yards.

Property Details

The Flats are Prospect Park's newest income qualified apartments. Explore modern, pet-friendly, living spaces and functional amenity spaces designed to enhance your everyday. Amenities include a Sky Lounge, Fitness Center, Underground Heated Parking,... Work-from-Home Stations, Common Area WIFI, and more.

Flats at Malcolm Yards is located in Minneapolis, MN in the 55414 zip code.

Halverson and Blaiser

Contact

Property Address:
505 SE Malcolm Ave,
Minneapolis, MN 55414
Phone Number: (651) 661-3393
More Information:
View Property Website
Office Hours
  • SundayCLOSED
  • Monday12:00 PM - 5:00 PM
  • Tuesday9:00 AM - 5:00 PM
  • WednesdayCLOSED
  • Thursday9:00 AM - 5:00 PM
  • Friday9:00 AM - 12:00 PM
  • SaturdayCLOSED

Renter Reviews

For Flats at Malcolm Yards

3.3

4 Ratings & Reviews

8/11/26

AMAZING PLACE!!

I enjoyed how lovely and well managed this place is! There is no other flat I would rather be at. Every day, I am loving my view on the 2nd floor.

Review from Apartments.com

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7/12/23

Cozy and Convenient!!!

I recently moved to Malcom flats in Minneapolis, and I must say it has been a fantastic experience. This apartment complex truly offers a cozy and convenient living environment that exceeded my expectations.

First and foremost, the location is ideal. Situated in the heart of Minneapolis, the apartment is within close proximity to a variety of amenities, including restaurants, shops, and entertainment venues. Additionally, its convenient access to major transportation routes made commuting a... breeze.

Upon entering the apartment, I was greeted with a well-designed and comfortable living space. The floor plan was thoughtfully laid out, maximizing the available space without compromising on functionality. The interiors were modern and stylish, creating a pleasant atmosphere to come home to.

The management and staff at 505 Malcolm St. SE were exceptional. They were always prompt and attentive in addressing any concerns or maintenance requests I had. The on-site maintenance team was efficient and friendly, ensuring that any issues were resolved quickly.

One standout feature of this complex is the range of amenities provided. The fitness center was well-equipped and convenient, allowing residents to stay active without having to leave the premises. The communal areas, such as the lounge and outdoor spaces, were beautifully maintained and provided a welcoming environment to socialize

In conclusion, my experience at 505 Malcolm St. SE was truly delightful. From its excellent location to the well-designed apartments and exceptional management, this complex offers a comfortable and convenient living experience. I highly recommend considering 505 Malcolm St. SE for anyone seeking a cozy and hassle-free lifestyle in Minneapolis.

Review from Apartments.com

2 People Found This Helpful

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6/28/23

Small apartments you can’t afford

The qualifications force you into an apartment that costs too much for your low income. It is ridiculous, the process is slow and communication is poor.

Review from Apartments.com

10 People Found This Helpful

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4/20/23

Not as Advertised

They don't allow full-time students, and they certainly aren't low income if that's what you're looking for. They require at least 41,000 a year for you to even qualify.

Review from Apartments.com

13 People Found This Helpful

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