Search
Student Housing Apartment Assemblage
For Sale
Contact for pricing

1206 & 1212 5th Street SE, Minneapolis, MN 55414

Two contiguous apartment buildings offer 25 rental rooms, each building with laundry, and tenant-paid utilities for low owner operating costs.

Property SizeContact for details
Days on Market41

Property Features for 1206 & 1212 5th Street SE

General Information

Standard status Active
Property subtype Commercial
Zoning Residential-Multi-Family
Occupancy 100%

Additional Details

Multifamily Units 25

Taxes and HOA fees

Annual Taxes $26,341

Amenities

laundry facilities

Building Details

Year Built 1892
Units 24
Tenancy Multi
Listing Agency: Ashworth Real Estate
Listed By: Molly Hangartner
Source: Juverealestate
Added: Jul 2 Changed: Aug 8 Last Checked: Aug 11 at 2:12PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Ashworth Real Estate

Investment Insights

Based on property information with market context.

This offering includes two contiguous apartment buildings sold together at 1206 and 1212 5th Street SE, providing a combined total of 25 rental rooms. Building 1206 includes 18 rooms and building 1212 includes 7 rooms. Both properties are fully leased through the 2026/2027 school year. Tenants are responsible for all utilities including electric, gas, water, internet, and trash. Laundry facilities are located in each building, and an on-site parking lot is included.

The buildings are positioned near the University of Minnesota campus in Dinkytown. The property is zoned for high-density development, and the site is situated among newer, larger apartment developments, with adjacency to Dinkytown’s tallest longstanding apartment tower.

As part of a larger 7-building Dinkytown portfolio, the seller is reviewing offers as received.

Key Highlights

  • Two contiguous apartment buildings built in 1892 near U of M campus
  • Combined 25 rental rooms: 18 rooms at 1206 and 7 rooms at 1212
  • Fully leased through the 2026/2027 school year

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store HVAC Service Home Appliance Store Auto Parts Store Butcher Nail Salon

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

25
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,286
Businesses Nearby

Demographics for 55414, MN

36,600
Population
15,541
Households
2.4
Avg Household Size
26
Median Age
68%
College-Educated
93%
High-School Grad
3.1 sq mi
ZIP Area
11,806
Density / Sq Mi
$47,004
Median Household Income
$18,386
Median Earnings
$1,368
Median Rent
$454,200
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Two contiguous apartment buildings offer 25 rental rooms, each building with laundry, and tenant-paid utilities for low owner operating costs.
Where is this apartment building located?
The property is located at 1206 & 1212 5th Street SE Minneapolis, MN.
What are key features of this property?
This property features: Two contiguous apartment buildings built in 1892 near U of M campus; Combined 25 rental rooms: 18 rooms at 1206 and 7 rooms at 1212; Fully leased through the 2026/2027 school year
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message