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Triplex with Separate Laundry
For Sale
$550,000

2820 12th Avenue S, Minneapolis, MN 55407

MULTI_FAMILY - Minneapolis, MN

Property Size4,320 SF
Lot Size0.19 Acres
Price / SF$127.31
Days on Market101

Property Features for 2820 12th Avenue S

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning description Residential-Multi-Family
Bedrooms 11
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 3, Bedroom 1, Bedroom 3, Bedroom 10, Bedroom 2, Bathroom 2, Bedroom 9, Bedroom 8, Bedroom 6, Bedroom 7, Bedroom 11, Bathroom 1, Basement, Bathroom 5, Bedroom 4, Bedroom 5, Bathroom 4
Parking features Assigned, Covered, Driveway
Exterior features Stucco
Fencing Chain Link
Subdivision Averys Chicago Ave Add
Lot features Tree Coverage - Light
High school district Minneapolis
Directions Head south on Chicago Ave, then turn left onto E 28th St. Turn right onto 12th Ave S; the property will be on your right at 2820 12th Ave S
Standard status Active
APN 3502924340051
Size 4,320 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 10487

Utilities

Heating system Forced Air

Amenities

in-unit laundry

Building Details

Year built 1916
Roof type Flat
Listing Agency: eXp Realty
Listed By: Corey Brenner
Added: May 6 Changed: Aug 13 Last Checked: Aug 14 at 11:06AM
MLS# 7066356

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 triplex includes two 4-bedroom, 2-bathroom units and one 3-bedroom, 1-bathroom basement unit. Each unit has its own laundry facilities, with no sharing between tenants. The building was constructed in 1916 and features stucco exterior finishes and a flat roof.

The property sits on a 0.19-acre lot and has a total building size of 4,320 square feet. Parking is available via an assigned driveway with covered parking, and the exterior includes chain link fencing.

Heating is provided by forced air systems. The layout is designed to give each unit a self-contained setup while keeping day-to-day operations straightforward for occupants.

Key Highlights

  • Two 4‑bedroom, 2‑bath units plus a 3‑bedroom, 1‑bath basement unit
  • Each unit has its own laundry, no sharing
  • 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 - Triplex offering two 4 bed, 2 bath units plus a 3 bed, 1 bath basement unit, each with its own laundry.
Where is this triplex located?
The property is located at 2820 12th Avenue 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‑bath units plus a 3‑bedroom, 1‑bath basement unit; Each unit has its own laundry, no sharing; Built in 1916
More about this property
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