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11-Room Student Housing Property
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319 12th Avenue SE, Minneapolis, MN 55414

Rental rooms are leased through the 2026/2027 school year, with tenants covering the property’s utilities.

Property SizeContact for details
Days on Market4

Property Features for 319 12th Avenue SE

General Information

Standard status Active
Property subtype Commercial
Zoning Residential-Multi-Family
Occupancy 100%

Site & Location

Neighborhood University

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $9,685

Building Details

Year Built 1887
Units 1
Listing Agency: Ashworth Real Estate
Listed By: Molly Hangartner
Source: Getyoumoved
Added: Oct 22 Changed: Oct 23 Last Checked: Oct 23 at 3:16PM

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 Ashworth Real Estate

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Investment Insights

Based on property information with market context.

At 319 12th Avenue SE in Minneapolis, this multifamily property contains 11 rental rooms and was built in 1887. The building is zoned Residential-Multi-Family and is fully leased through the 2026/2027 school year. Tenants pay for electricity, gas, water, internet, and trash service.

The property is in Dinkytown, near the University of Minnesota campus. It shares a boundary with 321 12th Avenue SE, which may be acquired separately or together with this property. The building is also part of a seven-building Dinkytown portfolio.

Key Highlights

  • 11 rental rooms
  • Leased through the 2026/2027 school year
  • Tenants pay electricity, gas, water, internet, and trash

Property Analytics

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Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

2,831
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Multifamily property - Rental rooms are leased through the 2026/2027 school year, with tenants covering the property’s utilities.
Where is this multifamily property located?
The property is located at 319 12th Avenue SE Minneapolis, MN.
What are key features of this property?
This property features: 11 rental rooms; Leased through the 2026/2027 school year; Tenants pay electricity, gas, water, internet, and trash
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