3521 12th Ave S, Minneapolis, MN 55407

Building Details

Year Built

1963

Listing office Commercial Investors Group

Listing date Jun 10, 2026

Source Crexi

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Overview

3521 12th Ave S presents an 11-unit multifamily asset in Minneapolis. The offering is positioned as a residential income property with existing on-site units and an established rental configuration suitable for investors seeking a hands-on ownership model.

The property is located in the Powderhorn Park neighborhood on Minneapolis’s south side, less than a block from Powderhorn Park’s 66 acres of green space, lake, athletic fields, and recreation amenities. Several shopping centers are within 1.5 miles, and Abbott Northwestern Hospital is about 1.2 miles away. North Central University, Augsburg College, and the University of St. Thomas are all within a short commute, while Downtown Minneapolis is roughly three miles north with transit connectivity throughout the corridor.

From a tenant-fit perspective, the mix of park access, nearby retail, and short commutes to healthcare and higher education can support a broad range of resident needs. For buyers, the asset’s established unit count and neighborhood context may appeal to those looking for a straightforward addition within a rental-oriented submarket.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Minneapolis

County

Anoka

State

Minnesota

Longitude

-93.2570937

Latitude

44.9387525

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FAQs

What type of property is this?

Apartment building - An 11-unit residential income property near Powderhorn Park, with close proximity to major employers and schools.

Where is this apartment building located?

The property is located at 3521 12th Ave S Minneapolis, MN.

What is the asking price?

The asking price for this property is $1,175,000.

What are key features of this property?

This property features: 11‑unit multifamily rental property built in 1963; Located in Minneapolis’ Powderhorn Park neighborhood, less than a block from Powderhorn Park’s 66 acres of green space and recreation; Near major employers and campuses: Abbott Northwestern Hospital 1.2 miles away