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Two-Building Student Housing Property
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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 Market116

Property Features for 1206 & 1212 5th Street SE

General Information

Property type Commercial Sale
Property subtype Apartment
Zoning description Residential-Multi-Family
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: Oct 8 Last Checked: Oct 25 at 5:06PM
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.

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Investment Insights

Based on property information with market context.

Two adjacent apartment buildings at 1206 and 1212 5th Street SE provide a combined 25 rental rooms. The larger building has 18 rooms, while the second has 7. Laundry facilities are present in each building, and the property includes an on-site parking lot. Tenants cover electricity, gas, water, internet, and trash service. The rooms are leased through the 2026/2027 school year.

The property is in Dinkytown near the University of Minnesota campus and is zoned for high-density development. Newer, larger apartment buildings are part of the surrounding context, including a longstanding apartment tower adjacent to the site.

Key Highlights

  • Two apartment buildings with 25 rental rooms combined: 18 at 1206 and 7 at 1212
  • Leased through the 2026/2027 school year
  • Laundry facilities in each building

Property Analytics

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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
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The 25-room rental offering includes on-site parking and laundry facilities in both buildings.
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 apartment buildings with 25 rental rooms combined: 18 at 1206 and 7 at 1212; Leased through the 2026/2027 school year; Laundry facilities in each building
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