7-Room Multifamily
For Sale
Contact for pricing
321 12th Avenue SE, Minneapolis, MN 55414
Commercial Sale, Minneapolis, MN
Property SizeContact for details
Lot Size0.07 Acres
Days on Market115
Property Features for 321 12th Avenue SE
General Information
Property type
Commercial Sale
Property subtype
Apartment
Zoning description
Residential-Single Family
Parking features
Parking Lot
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
(612) 594-5542
Listed By:
Molly Hangartner
(651) 214-7258
Added: Jul 3
Changed: Oct 8
Last Checked: Oct 25 at 6:06PM
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.
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Investment Insights
Based on property information with market context.
This multifamily property contains seven rental rooms and was built in 1918. Forced-air heating and a parking lot are among its physical features. The site measures 0.0707 acres.
The property is near the University of Minnesota campus in Dinkytown. All utilities—including electric, gas, water, internet, and trash—are paid by tenants. It is contiguous with 319 12th Ave SE, which may be acquired separately or together with this property.
The property is near the University of Minnesota campus in Dinkytown. All utilities—including electric, gas, water, internet, and trash—are paid by tenants. It is contiguous with 319 12th Ave SE, which may be acquired separately or together with this property.
Key Highlights
- Seven rental rooms leased through the 2026/2027 school year
- Tenants pay electric, gas, water, internet, and trash
- 0.0707‑acre site
Property Analytics
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Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
2,831
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Multifamily property - Seven rental rooms are leased through the 2026/2027 school year near the University of Minnesota campus.
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; Tenants pay electric, gas, water, internet, and trash; 0.0707‑acre site
