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11-Room Student Apartment Building
For Sale
Contact for pricing

319 12th Avenue SE, Minneapolis, MN 55414

Commercial Sale, Minneapolis, MN

Property SizeContact for details
Lot Size0.15 Acres
Days on Market98

Property Features for 319 12th Avenue SE

General Information

Property type Commercial Sale
Property subtype Apartment
Zoning description Residential-Multi-Family
Parking features Parking Lot
Subdivision Tuttles Add To St Anthony
High school district Minneapolis
Directions 35W to University Ave SE, East to 12th Ave SE Left House on Left
Standard status Active
APN 2402924310062
Lot size 0.15 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 9685

Utilities

Heating system Forced Air

Building Details

Year built 1887
Listing Agency: Ashworth Real Estate
Listed By: Molly Hangartner
Added: Jul 5 Changed: Oct 8 Last Checked: Oct 10 at 12:06AM
MLS# 7063115

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 Minneapolis student apartment property contains 11 rental rooms and was built in 1887. The 0.1515-acre parcel includes a parking lot and forced-air heating. Tenants pay for electric, gas, water, internet and trash service, and the rooms are leased through the 2026/2027 school year.

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

Key Highlights

  • 11 rental rooms, leased through the 2026/2027 school year
  • Tenants pay electric, gas, water, internet and trash
  • 0.1515‑acre parcel with a parking lot

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Nail Salon Auto Parts Store Law Firm Accounting Firm Kitchen & Bath Showroom Building Supply

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

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
View Realmo Analytics

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 - Residents cover electric, gas, water, internet and trash; the property also has forced-air heating and a parking lot.
Where is this apartment building 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 electric, gas, water, internet and trash; 0.1515‑acre parcel with a parking lot
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