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7-Room Student Housing Property
For Sale
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321 12th Avenue SE, Minneapolis, MN 55414

Commercial Sale, Minneapolis, MN

Property SizeContact for details
Lot Size0.07 Acres
Days on Market67

Property Features for 321 12th Avenue SE

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Residential-Single Family
Parking features Parking Lot
Exterior features Vinyl
Subdivision Tuttles Add To St Anthony
High school district Minneapolis
Directions From 35W to University Ave SE to 12th AVE SE House on Left
Standard status Active
APN 2402924310064
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 4845

Utilities

Heating system Forced Air

Building Details

Year built 1918
Listing Agency: Ashworth Real Estate
Listed By: Molly Hangartner
Added: Jul 3 Changed: Aug 27 Last Checked: Sep 7 at 4:06PM
MLS# 7063102

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 7-room multifamily property provides a student-housing configuration in Dinkytown, near the U of M campus. The building dates to 1918 and includes vinyl exterior features, forced-air heating, and a parking lot. Each room is part of the rental offering, with occupancy secured through the 2026/2027 school year.

Utility responsibility is shifted to residents, who pay electric, gas, water, internet, and trash service. The property sits on a 0.0707-acre lot at 321 12th Avenue SE in Minneapolis. It is contiguous with 319 12th Ave SE, which is offered separately or together, and is identified as part of a larger seven-building Dinkytown portfolio.

Key Highlights

  • Seven rental rooms leased through the 2026/2027 school year
  • Residents pay electric, gas, water, internet, and trash
  • 0.0707‑acre lot at 321 12th Avenue SE

Property Analytics

Current Use

Multifamily properties

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

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?
Multifamily property - Residents cover electric, gas, water, internet, and trash, limiting owner-paid utility obligations.
Where is this multifamily property located?
The property is located at 321 12th Avenue SE Minneapolis, MN.
What are key features of this property?
This property features: Seven rental rooms leased through the 2026/2027 school year; Residents pay electric, gas, water, internet, and trash; 0.0707‑acre lot at 321 12th Avenue SE
More about this property
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