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Three-Unit Triplex with Private Laundry
For Sale
$550,000

2820 12th Ave S, Minneapolis, MN 55407

Three residential units each include dedicated laundry, with restaurants, coffee shops, and shopping within walking distance.

Property Size4,320 SF
Price / SF$127.31
Days on Market43

Property Features for 2820 12th Ave S

General Information

Standard status Active
Size 4,320 SF
Property subtype Multi-Family

Units

Unit Mix 2 x 4BR/2BA, 1 x 3BR/1BA
Multifamily Units 3

Amenities

in-unit laundry

Building Details

Year Built 1916
Listing Agency: eXp Realty
Listed By: Corey Brenner
Source: Brickandbanister
Added: Jul 21 Changed: Aug 31 Last Checked: Aug 31 at 7:44PM

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

Investment Insights

Based on property information with market context.

This 4,320-square-foot triplex, built in 1916, contains two four-bedroom, two-bathroom units plus a three-bedroom, one-bathroom basement unit. Dedicated laundry is provided within each residence, giving the property a clearly separated three-unit configuration.

The property is located at 2820 12th Ave S in Minneapolis, with restaurants, coffee shops, and shopping reachable on foot. The combination of three distinct residences, private laundry, and a substantial overall building area provides a practical multifamily layout for an owner-user or residential income property buyer.

Key Highlights

  • Two 4 bedroom, 2 bathroom units
  • 3 bedroom, 1 bathroom basement unit
  • 4,320 SF triplex built in 1916

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Home Appliance Store Pet Grooming Service Kitchen & Bath Showroom

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

4,343
Businesses Nearby

Demographics for 55407, MN

38,506
Population
15,979
Households
2.4
Avg Household Size
34
Median Age
48%
College-Educated
85%
High-School Grad
4.0 sq mi
ZIP Area
9,627
Density / Sq Mi
$78,206
Median Household Income
$46,388
Median Earnings
$1,219
Median Rent
$317,000
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
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Frequently Asked Questions

What type of property is this?
Triplex - Three residential units each include dedicated laundry, with restaurants, coffee shops, and shopping within walking distance.
Where is this triplex located?
The property is located at 2820 12th Ave S Minneapolis, MN.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Two 4 bedroom, 2 bathroom units; 3 bedroom, 1 bathroom basement unit; 4,320 SF triplex built in 1916
More about this property
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