Two-Building Multifamily Redevelopment
For Sale
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1206 5th St E, Minneapolis, MN 55414
Historic two-building multifamily property built in 1892, spanning four stories and totaling 10,713 square feet.
Property Size10,713 SF
Days on Market153
Property Features for 1206 5th St E
General Information
Standard status
Active
Size
10,713 SF
Property subtype
MULTIFAMILY
Zoning
OR3
Building Details
Year Built
1892
Stories
4
Listing Agency:
Realty Group - Coon Rapids
Listed By:
Michael Finley
(952) 992-0656
Source:
Moodyscre
Added: May 7
Changed: Sep 9
Last Checked: Oct 5 at 4:30PM
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 Realty Group - Coon Rapids
Investment Insights
Based on property information with market context.
1206 and 1212 5th Street Southeast are two side-by-side historic multifamily buildings built in 1892, arranged across four stories. The combined property totals 10,713 square feet and presents value-add redevelopment potential for qualified investors and redevelopment companies.
The site is located in the Dinkytown area near the University of Minnesota and is described as only a few blocks from the Mississippi Riverfront. The property is identified with High-Density Zoning (OR3) and the Residence District zoning is described as allowing flexible redevelopment or expansion pathways for medium to high-density residential use.
The buildings are surrounded by large-scale student housing. The seller is offering these two buildings with an additional four Dinkytown-area properties within six blocks, and prefers to sell all six properties as a portfolio.
The site is located in the Dinkytown area near the University of Minnesota and is described as only a few blocks from the Mississippi Riverfront. The property is identified with High-Density Zoning (OR3) and the Residence District zoning is described as allowing flexible redevelopment or expansion pathways for medium to high-density residential use.
The buildings are surrounded by large-scale student housing. The seller is offering these two buildings with an additional four Dinkytown-area properties within six blocks, and prefers to sell all six properties as a portfolio.
Key Highlights
- Historic two‑building multifamily property built in 1892, totaling 10,713 SF across four stories.
- Addresses include 1206 and 1212 5th Street Southeast in the Dinkytown/University of Minnesota area.
- Strategic Dinkytown location a few blocks from the Mississippi Riverfront.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,286
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Historic two-building multifamily property built in 1892, spanning four stories and totaling 10,713 square feet.
Where is this multifamily property located?
The property is located at 1206 5th St E Minneapolis, MN.
What are key features of this property?
This property features: Historic two‑building multifamily property built in 1892, totaling 10,713 SF across four stories.; Addresses include 1206 and 1212 5th Street Southeast in the Dinkytown/University of Minnesota area.; Strategic Dinkytown location a few blocks from the Mississippi Riverfront.
