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Duplex with Separate Laundry
For Sale
$550,000

2820 12th Avenue S, Minneapolis, MN 55407

Residential Income, Minneapolis, MN

Property Size4,320 SF
Lot Size0.19 Acres
Price / SF$127.31
Days on Market149

Property Features for 2820 12th Avenue S

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description Residential-Multi-Family
Bedrooms 11
Bathrooms 5
Full bathrooms 5
Rooms Bedroom 7, Bedroom 11, Bedroom 3, Bathroom 1, Bathroom 5, Bedroom 8, Bedroom 1, Bedroom 6, Bathroom 2, Bedroom 2, Bedroom 5, Basement, Bathroom 3, Bedroom 9, Bedroom 4, Bedroom 10, Bathroom 4
Parking features Covered, Assigned, Driveway
Exterior features Stucco
Fencing Chain Link
Subdivision Averys Chicago Ave Add
Lot features Tree Coverage - Light
High school district Minneapolis
Directions Head south on Chicago Ave, then turn left onto E 28th St. Turn right onto 12th Ave S; the property will be on your right at 2820 12th Ave S
Standard status Active
APN 3502924340051
Size 4,320 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 10487

Utilities

Heating system Forced Air

Amenities

in-unit laundry

Building Details

Year built 1916
Roof type Flat
Listing Agency: eXp Realty
Listed By: Corey Brenner
Added: May 6 Changed: Oct 1 Last Checked: Oct 1 at 11:06AM
MLS# 7066356

Copyright © 2026 Northstar MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1916, this 4,320-square-foot Minneapolis property includes two 4-bedroom, 2-bathroom units and a 3-bedroom, 1-bathroom basement unit. Each unit has dedicated laundry. The building features stucco exterior construction, forced-air heating, and a flat roof.

The property occupies a 0.19-acre lot at 2820 12th Avenue S. Parking is provided through a driveway with assigned and covered spaces, while chain-link fencing encloses the site. Restaurants, coffee shops, and shopping are within a short walk.

Key Highlights

  • Two 4‑bedroom, 2‑bathroom units plus a 3‑bedroom, 1‑bathroom basement unit
  • Each unit includes its own laundry
  • 4,320 square feet on a 0.19‑acre lot

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Home Appliance Store Pet Grooming Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

4,343
Businesses Nearby

Demographics for 55407, MN

38,506
Population
15,979
Households
2.4
Avg Household Size
34
Median Age
48%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
9,627
Density / Sq Mi
$78,206
Median Household Income
$46,388
Median Earnings
$1,219
Median Rent
$317,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Three residential units include two larger layouts and a basement configuration.
Where is this duplex located?
The property is located at 2820 12th Avenue S Minneapolis, MN.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Two 4‑bedroom, 2‑bathroom units plus a 3‑bedroom, 1‑bathroom basement unit; Each unit includes its own laundry; 4,320 square feet on a 0.19‑acre lot
More about this property
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