Flats at Malcolm Yards

505 SE Malcolm Ave, Minneapolis, MN 55414 Prospect Park

4.9 (3 reviews)
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  • Monthly Rent

    $1,361

  • Bedrooms

    1 bd

  • Bathrooms

    1 ba

  • Square Feet

    622 sq ft

Flats at Malcolm Yards
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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.

Pricing & Floor Plans

1 Bedroom (511B360, 511B360b) $1,361
1 Bed 1 Bath 622 Sq Ft
3 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 308
    price $1,361
    square feet 622
    availibility Now
  • Unit 516
    price $1,361
    square feet 622
    availibility Now
  • Unit 420
    price $1,361
    square feet 622
    availibility Now
1 Bedroom (511B360, 511B360b) $1,361
1 Bed 1 Bath 622 Sq Ft
3 Available units
Unit
Base Price
Sq Ft
Availability
Unit Details
  • Unit 308
    price $1,361
    square feet 622
    availibility Now
  • Unit 516
    price $1,361
    square feet 622
    availibility Now
  • Unit 420
    price $1,361
    square feet 622
    availibility Now
* 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.

About Flats at Malcolm Yards

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 an apartment community located in Hennepin County and the 55414 ZIP Code. This area is served by the Minneapolis Public School Dist. attendance zone.

Unique Features

  • Accessible Apartments
  • Amazing Location
  • BBQ/Picnic Area
  • Electronic Thermostat
  • Storage Lockers and Bike Storage
  • Free Amenity WiFi
  • CoWorking Space
  • Large Closets
  • Pet Friendly (no breed or size restrictions)
  • Spanish Speaking Staff
  • Carpeting
  • Efficient Appliances
  • Extra Storage
  • Vinyl Plank Flooring
  • Air Conditioner
  • Patio/Balcony
  • Pet Spa
  • Wheelchair Access
  • U of M Transitway
  • Stainless Appliances
  • View
  • EV Charging Stations

Community Amenities

Fitness Center

Laundry Facilities

Elevator

Clubhouse

Roof Terrace

Controlled Access

Business Center

Grill

Property Services

  • Package Service
  • Laundry Facilities
  • Controlled Access
  • Maintenance on site
  • Property Manager on Site
  • 24 Hour Access
  • Pet Play Area
  • Pet Washing Station
  • EV Charging
  • Public Transportation
  • Key Fob Entry

Shared Community

  • Elevator
  • Business Center
  • Clubhouse
  • Lounge
  • Multi Use Room
  • Storage Space

Fitness & Recreation

  • Fitness Center
  • Spa
  • Bicycle Storage
  • Walking/Biking Trails

Outdoor Features

  • Roof Terrace
  • Sundeck
  • Grill
  • Picnic Area

Student Features

  • Walk To Campus

Apartment Features

Washer/Dryer

Air Conditioning

Dishwasher

High Speed Internet Access

Hardwood Floors

Walk-In Closets

Island Kitchen

Granite Countertops

Highlights

  • High Speed Internet Access
  • Wi-Fi
  • Washer/Dryer
  • Air Conditioning
  • Heating
  • Ceiling Fans
  • Smoke Free
  • Storage Space
  • Sprinkler System
  • Wheelchair Accessible (Rooms)

Kitchen Features & Appliances

  • Dishwasher
  • Disposal
  • Granite Countertops
  • Island Kitchen
  • Eat-in Kitchen

Model Details

  • Hardwood Floors
  • Tile Floors
  • Den
  • Walk-In Closets
  • Large Bedrooms
  • Balcony
  • Patio

Fees and Policies

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

  • One-Time Move-In Fees
  • Application Fee
    $50
  • Security Deposit Refundable
    $300

Details

Utilities Included

  • Gas
  • Water
  • Heat
  • Trash Removal
  • Sewer

Lease Options

  • 12

Property Information

  • Built in 2023
  • 143 units/6 stories
Location
Property Address: 505 SE Malcolm Ave, Minneapolis,
MN 55414
Get Directions
This Property Available Property
Amenities
  • Package Service
  • Laundry Facilities
  • Controlled Access
  • Maintenance on site
  • Property Manager on Site
  • 24 Hour Access
  • Pet Play Area
  • Pet Washing Station
  • EV Charging
  • Public Transportation
  • Key Fob Entry
  • Elevator
  • Business Center
  • Clubhouse
  • Lounge
  • Multi Use Room
  • Storage Space
  • Roof Terrace
  • Sundeck
  • Grill
  • Picnic Area
  • Fitness Center
  • Spa
  • Bicycle Storage
  • Walking/Biking Trails
  • Walk To Campus
  • Accessible Apartments
  • Amazing Location
  • BBQ/Picnic Area
  • Electronic Thermostat
  • Storage Lockers and Bike Storage
  • Free Amenity WiFi
  • CoWorking Space
  • Large Closets
  • Pet Friendly (no breed or size restrictions)
  • Spanish Speaking Staff
  • Carpeting
  • Efficient Appliances
  • Extra Storage
  • Vinyl Plank Flooring
  • Air Conditioner
  • Patio/Balcony
  • Pet Spa
  • Wheelchair Access
  • U of M Transitway
  • Stainless Appliances
  • View
  • EV Charging Stations
  • High Speed Internet Access
  • Wi-Fi
  • Washer/Dryer
  • Air Conditioning
  • Heating
  • Ceiling Fans
  • Smoke Free
  • Storage Space
  • Sprinkler System
  • Wheelchair Accessible (Rooms)
  • Dishwasher
  • Disposal
  • Granite Countertops
  • Island Kitchen
  • Eat-in Kitchen
  • Hardwood Floors
  • Tile Floors
  • Den
  • Walk-In Closets
  • Large Bedrooms
  • Balcony
  • Patio
Expenses
One-Time
Application Fee $50
Cat Fee $0
Cat Deposit $500
Dog Fee $0
Dog Deposit $500
Utilities Included
Gas, Water, Heat, Trash Removal, Sewer Included
Office Hours
Monday 12pm - 5pm
Tuesday 9am - 5pm
Wednesday Closed
Thursday 9am - 5pm
Friday 9am - 12pm
Saturday Closed
Sunday Closed
Neighborhood

Bordering the University of Minnesota and the Mississippi River, Prospect Park is a historic neighborhood featuring a dynamic blend of modern amenities and lush natural beauty in a 1.25-square-mile package. Prospect Park residents enjoy a true community atmosphere fostered by an array of frequent festivals, events, block parties, and a community garden.

Locals delight in sweeping views of the Minneapolis skyline at Tower Hill Park, which also boasts the iconic Witch’s Hat water tower. Within its borders, Prospect Park contains TCF Bank Stadium, home of the Minnesota Golden Gophers. The sprawling Surly Brewing Company is located in Prospect Park as well, offering residents access to a beer hall, beer garden, tours, event space, and an upstairs eatery.

University Avenue serves as the neighborhood’s main thoroughfare, touting an array of diverse eateries and shops.

Learn more about living in Prospect Park 
Education
Colleges & Universities Distance
Colleges & Universities Distance
Drive: 6 min 2.0 mi
Drive: 6 min 2.4 mi
Drive: 7 min 2.8 mi
Drive: 9 min 3.0 mi
Flats at Malcolm Yards is within 6 minutes or 2.4 miles from University of Minnesota. It is also near Augsburg College and Univ. of Minnesota, Saint Paul.
Schools
Public Elementary School
Grades PK-5
202 Students
Attendance Zone
2
Out of 10
Charter Middle & High School
Grades 7-12
46 Students
Nearby
2
Out of 10
Public Middle School
Grades 6-8
738 Students
Attendance Zone
4
Out of 10
Charter High School
Grades 9-12
223 Students
Nearby
3
Out of 10
Private Elementary, Middle & High School
Grades PK-12
965 Students
Nearby
Private Elementary, Middle & High School
Grades K-4, 6-7 & 9-12
45 Students
Nearby
Transportation

Transportation options available in Minneapolis include Prospect Park Station, located 0.3 miles from Flats at Malcolm Yards. Flats at Malcolm Yards is near Minneapolis-St Paul International/Wold-Chamberlain, located 10.3 miles or 21 minutes away.

Transit / Subway Distance
Transit / Subway Distance
Walk: 5 min 0.3 mi
Walk: 9 min 0.5 mi
Walk: 12 min 0.7 mi
Drive: 3 min 1.1 mi
Drive: 4 min 1.3 mi
Commuter Rail Distance
Commuter Rail Distance
Drive: 12 min 4.5 mi
Drive: 12 min 7.4 mi
Drive: 20 min 13.1 mi
Drive: 30 min 22.6 mi
Drive: 31 min 24.2 mi
Airports Distance
Airports Distance
Minneapolis-St Paul International/Wold-Chamberlain
Drive: 21 min 10.3 mi
Very Walkable
82
Walk Score®
Out of 100
If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.
Good Transit
61
Transit Score®
Out of 100
The area around this property has good transit with many nearby transportation options.
Biker's Paradise
91
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:

-

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Points of Interest

Time and distance from Flats at Malcolm Yards.

Shopping Centers Distance
Shopping Centers Distance
Walk: 15 min 0.8 mi
Drive: 4 min 1.6 mi
Drive: 5 min 1.9 mi
Flats at Malcolm Yards has 3 shopping centers within 1.9 miles, which is about a 5-minute drive. The miles and minutes will be for the farthest away property.
Parks and Recreation Distance
Parks and Recreation Distance
Tower Hill Park
Walk: 4 min 0.2 mi
Luxton Park
Walk: 10 min 0.6 mi
Bell Museum of Natural History
Drive: 4 min 1.5 mi
East River Flats Park
Drive: 6 min 1.7 mi
Riverside Park
Drive: 6 min 1.9 mi
Flats at Malcolm Yards has 5 parks within 1.9 miles, including Tower Hill Park, Luxton Park, and Bell Museum of Natural History.
Hospitals Distance
Hospitals Distance
Drive: 5 min 1.9 mi
Drive: 7 min 3.2 mi
Drive: 10 min 3.6 mi
Flats at Malcolm Yards has 3 hospitals within 3.6 miles, the nearest is University of Minnesota Medical Center, Fairview which is 1.9 miles away and a 5 minutes drive.
Military Bases Distance
Military Bases Distance
Drive: 18 min 7.7 mi
Flats at Malcolm Yards is 7.7 miles and a 18 minutes from Fort Snelling Military Reservation.
 
 
4.9
Great
Out of 5

4.9 Blended Score

3 Renter Reviews

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

Flats at Malcolm Yards has one bedroom available with rent ranges from $1,361/mo. to $1,361/mo.

Can I see a model or tour Flats at Malcolm Yards?

Yes, to view the floor plan in person, please schedule a personal tour.

What neighborhood is the property located in?

Flats at Malcolm Yards is in Prospect Park in the city of Minneapolis. Here you’ll find three shopping centers within 1.9 miles of the property. Five parks are within 1.9 miles, including Tower Hill Park, Luxton Park, and Bell Museum of Natural History.

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