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Student Housing Apartment Buildings
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1206 & 1212 5th Street SE, Minneapolis, MN 55414

Commercial Sale, Minneapolis, MN

Property SizeContact for details
Lot Size0.33 Acres
Days on Market67

Property Features for 1206 & 1212 5th Street SE

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Residential-Multi-Family
Exterior features Brick/Stone
Subdivision Dorans Add To Se
High school district Minneapolis
Directions 35W to University Ave SE to 12th Ave SE to 5th St SE House on Right
Standard status Active
APN 2402924310244
Lot size 0.33 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 26341

Utilities

Heating system Forced Air

Amenities

laundry facilities
on-site parking lot

Building Details

Year built 1892
Listing Agency: Ashworth Real Estate
Listed By: Molly Hangartner
Added: Jul 2 Changed: Aug 28 Last Checked: Sep 6 at 8:06AM
MLS# 7063138

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.

This offering includes two contiguous apartment buildings totaling 25 rental rooms: 18 rooms at 1206 and 7 rooms at 1212. The buildings are fully leased through the 2026/2027 school year and are located near the U of M campus. Tenants pay electric, gas, water, internet, and trash expenses, limiting the owner’s direct utility obligations.

The property occupies 0.3278 acres and includes an on-site parking lot. Each building has laundry facilities, while brick/stone exteriors and forced-air heating are among the existing improvements. Built in 1892, the asset is zoned high density and sits within a corridor characterized by newer, larger apartment developments.

Key Highlights

  • 25 rental rooms across two contiguous apartment buildings
  • Room distribution: 18 at 1206 and 7 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

100%
Occupancy
Yes
Utilities to site

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
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Frequently Asked Questions

What type of property is this?
Apartment building - Two connected apartment buildings provide leased student housing near the U of M campus with shared parking and laundry facilities.
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: 25 rental rooms across two contiguous apartment buildings; Room distribution: 18 at 1206 and 7 at 1212; Fully leased through the 2026/2027 school year
More about this property
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