2820 12th Avenue S, Minneapolis, MN 55407

New Listing
$550,000
Property Type: Multi-Family Bedrooms: 11 Baths: 5 Square Footage: 4,320 Lot Size (sq. ft.): 8,276 Status: Coming Soon
Current Price: $550,000 List Date: 5/06/2026 Last Modified: 5/12/2026

Overview

Description

If space and income potential are on your wish list, this one delivers in a big way. Featuring two 4 bedroom, 2 bathroom units and a 3 bedroom, 1 bathroom basement unit. This home is built for maximum versatility and cash flow. Each unit enjoys its own laundry, no sharing, no hassle. Located just a short walk to restaurants, coffee shops, and shopping, the location is just as impressive as the layout. Opportunities like this don’t last, come see it before it’s gone!

Listing Details MLS# 7066356

General Property Information

# Carport Spaces
6
Lot Measurement
Acres
Multiple PIDs?
No
Owner Occupied
No
Waterfront Present
No
Year Built
1916
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Main Floor Total SqFt
1440
Above Ground SqFt
2880
Below Grd Total SqFt
1440
Total SqFt
4320
Foundation Size
1440
Style
(MF) Duplex Up and Down
Total Finished Sqft
4320.00
Lot Dimensions
66 x 128
Acres
0.19
Assessment Pending
No
Garage Stalls
0

Property Features

Accessible: None Assumable Loan: Not Assumable Basement: Full Construction Status: Previously Owned Electric: Circuit Breakers Exterior: Stucco Fencing: Chain Link Foundation: Other Fuel: Natural Gas Heating: Forced Air Laundry: In Basement; In Unit; Main Level; Upper Level Lot Description: Tree Coverage - Light Parking Characteristics: Unassigned; Uncovered/Open Pool Description: None Rental License Type: Standard Road Frontage: City Street Road Responsibility: Public Maintained Road Roof: Age Over 8 Years; Flat Sellers Terms: Cash; Conventional; FHA; VA Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected

Contract Information

Contingency
None
Original List Price
550000
ListPrice
550000
Owner is an Agent?
No
Auction?
No

Location Tax and Other Information

House Number
2820
Street Name
12th
Street Suffix
Avenue
Street Direction Suffix
S
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55407
Complex/Dev/Subdivision
Averys Chicago Ave Add

Assessments

Tax With Assessments
10487
Assessment Balance
0

Building Information

Finished SqFt Above Ground
2880
Finished SqFt Below Ground
1440

More Information

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
Yes

Ownership

Fractional Ownership
No

Public Survey Info

Range#
24
Section#
35
Township#
29

Unit 1

Furnished?
No
Leased?
No
Unit Number
Yes
Annual Rent
36000
Finished SqFt
1440
Full Baths
2
Monthly Rent
3000
No. of Units Like This
Yes
Total Baths
2
Total Bedrooms
4
Total Rooms
6

Unit 2

Furnished?
No
Leased?
No
Unit Number
2
Annual Rent
36000
Finished SqFt
1440
Full Baths
2
Monthly Rent
3000
No. of Units Like This
Yes
Total Baths
2
Total Bedrooms
4
Total Rooms
6

Unit 3

Furnished?
No
Leased?
No
Unit Number
3
Annual Rent
21600
Finished SqFt
1440
Full Baths
Yes
Monthly Rent
1800
No. of Units Like This
Yes
Total Baths
Yes
Total Bedrooms
3
Total Rooms
5

Unit Details

Total Units
3

Office/Member Info

Association
SPAAR

Location, Tax and Other Information

Legal Description
BLOCK 001 AVERYS CHICAGO AVE ADDN TO MPLS LOTS 8 AND 9 INCL
Listing City
Minneapolis
Map Page
106
Municipality
Minneapolis
School District
Minneapolis
School District Phone
612-668-0000
Zip Plus 4
2322
Property ID Number
3502924340051
Tax Year
2025
Tax Amount
10487
In Foreclosure?
No
Potential Short Sale?
No
Lender Owned?
No

Directions & Remarks

Public Remarks
If space and income potential are on your wish list, this one delivers in a big way. Featuring two 4 bedroom, 2 bathroom units and a 3 bedroom, 1 bathroom basement unit. This home is built for maximum versatility and cash flow. Each unit enjoys its own laundry, no sharing, no hassle. Located just a short walk to restaurants, coffee shops, and shopping, the location is just as impressive as the layout. Opportunities like this don’t last, come see it before it’s gone!
Directions
Head south on Chicago Ave, then turn left onto E 28th St. Turn right onto 12th Ave S; the property will be on your right at 2820 12th Ave S

Accessible

None
Yes

Assumable Loan

Not Assumable
Yes

Basement

Full
Yes

Construction Status

Previously Owned
Yes

Electric

Circuit Breakers
Yes

Exterior

Stucco
Yes

Fencing

Chain Link
Yes

Foundation

Other
Yes

Fuel

Natural Gas
Yes

Heating

Forced Air
Yes

Laundry

In Basement
Yes
In Unit
Yes
Main Level
Yes
Upper Level
Yes

Lot Description

Tree Coverage - Light
Yes

Parking Characteristics

Unassigned
Yes
Uncovered/Open
Yes

Pool Description

None
Yes

Rental License Type

Standard
Yes

Road Frontage

City Street
Yes

Road Responsibility

Public Maintained Road
Yes

Roof

Age Over 8 Years
Yes
Flat
Yes

Sellers Terms

Cash
Yes
Conventional
Yes
FHA
Yes
VA
Yes

Sewer

City Sewer/Connected
Yes

Stories

Two
Yes

Water

City Water/Connected
Yes

Income and Expenses

Annual Caretaker Expense
0
Annual Electric Expense
0
Annual Fuel Expense
0
Annual Gross Expenses
0
Annual Gross Income
0
Annual Insurance Expense
0
Annual Maintenance Expense
0
Annual Repair Expense
0
Annual Trash Expense
0
Annual Water/Sewer Expense
0
Total Annual Expenses
0

No. of Ranges

Three
Yes

No. of Refrigerators

Four
Yes
Listing Office: eXp Realty
IDX
Last Updated: May - 12 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.