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Charming Multifamily Apartment Building
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3012 Aldrich Ave S, Minneapolis, MN 55408

Multifamily building with hardwood floors and built-ins, offering 12 beds and 6 bathrooms.

Property SizeContact for details
Days on Market133

Property Features for 3012 Aldrich Ave S

General Information

Standard status Active
Property subtype Multifamily

Amenities

hardwood floors
built-ins
stainless steel appliances
quartz countertops
mocha colored cabinets
subway backsplash
Listing Agency: EXP Realty Minnesota
Listed By: Chauncee Hollingsworth · License #MN 40689743
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 10:19AM

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 EXP Realty Minnesota

Investment Insights

Based on property information with market context.

This multifamily apartment building features hardwood floors and original Minneapolis-style charm with built-in elements. Units include kitchens with stainless steel appliances, quartz countertops, mocha-colored cabinets, and subway tile backsplash. The property is configured with 12 beds and 6 bathrooms.

Located in the Lyn Lake area of Uptown, the building is within walking distance to shopping, dining, and entertainment.

For owners or buyers seeking a residential income property with character-forward interior finishes, this building’s current configuration provides a clear bed-and-bath layout across the available units.

Key Highlights

  • Multifamily building featuring 12 beds and 6 bathrooms
  • Hardwood floors with original Minneapolis charm and built‑in features
  • Kitchens include stainless steel appliances

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Garden Center HVAC Service Pet Grooming Service (Bike/Boat/Book/etc) Store Tanning Salon Locksmith

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

Location Intelligence

Trade Area within ½ mile

3,773
Businesses Nearby

Demographics for 55408, MN

33,718
Population
17,874
Households
1.9
Avg Household Size
30
Median Age
59%
College-Educated
91%
High-School Grad
2.7 sq mi
ZIP Area
12,488
Density / Sq Mi
$72,421
Median Household Income
$49,753
Median Earnings
$1,385
Median Rent
$387,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

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

What type of property is this?
Apartment building - Multifamily building with hardwood floors and built-ins, offering 12 beds and 6 bathrooms.
Where is this apartment building located?
The property is located at 3012 Aldrich Ave S Minneapolis, MN.
What are key features of this property?
This property features: Multifamily building featuring 12 beds and 6 bathrooms; Hardwood floors with original Minneapolis charm and built‑in features; Kitchens include stainless steel appliances
More about this property
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