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Commercial Investors Group LLC is the brokerage office representing the seller for this listing.
Copyright 2019, Regional Multiple Listing Service of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service of Minnesota, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers. Heartland Real Estate is not a multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Heartland Real Estate, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.
Copyright 2019, Regional Multiple Listing Service of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service of Minnesota, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers. Heartland Real Estate is not a multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Heartland Real Estate, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.
Nearby Listings in 10 Miles
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{"ListingKey":"NST7914742","AccessibilityFeatures":"None","AdditionalParcelsYN":"False","NST_AgentOwner":"Yes","LivingAreaUnits":"Square Feet","NST_AssessmentPending":"Yes","BasementYN":"True","BuildingAreaTotal":"9849","CumulativeDaysOnMarket":"0","City":"Minneapolis","NST_CommercialStyleType":"Apartments/Multi Family,Low Rise (3- levels)","NewConstructionYN":"False","Contingency":"None","NST_ForSaleOrLease":"For Sale","CountyOrParish":"Hennepin","CurrentUse":"Residential","Directions":"From I-35W, take the 35th Street exit and head east, then turn right on 12th Avenue South and proceed south to 3545 12th Ave S on your left.","DocumentsCount":"1","DocumentsChangeTimestamp":"2026-06-08T19:10:07.537Z","DaysOnMarket":"0","ExteriorFeatures":"Aluminum Siding,Stone","FoundationArea":"3283","FoundationDetails":"Block","NST_FractionalOwnershipYN":"No","NST_Fuel":"Electric,Natural Gas","GarageSpaces":"0","GrossIncome":"159600","Heating":"Boiler","HighSchoolDistrict":"Minneapolis","NST_ForeclosureStatus":"No","Inclusions":"Building,Fixture/Equipment,Land,Leases,Rental License","InternetAddressDisplayYN":"True","InternetAutomatedValuationDisplayYN":"False","InternetConsumerCommentYN":"False","InternetEntireListingDisplayYN":"True","LandLeaseYN":"False","Latitude":"44.937943","NST_LenderOwned":"No","Levels":"Two","ListPrice":"1275000","ListingContractDate":"2026-06-08T05:00:00Z","ListingId":"NST7088996","Longitude":"-93.257091","LotSizeArea":"0.21","LotSizeDimensions":"75 X 123","LotSizeUnits":"Acres","NST_NeighborhoodName":"Powderhorn Park","NST_NeighborhoodNumber":"64","NetOperatingIncome":"100377","NumberOfUnitsTotal":"11","OperatingExpense":"54740","OriginalEntryTimestamp":"2026-06-08T13:38:38Z","NST_OwnerOccupied":"No","ParcelNumber":"0202824420090","ParkingFeatures":"Parking Lot","PhotosCount":"5","PhotosChangeTimestamp":"2026-06-08T18:40:07.105Z","PostalCity":"Minneapolis","PostalCode":"55407","NST_PotentialShortSale":"No","NST_PresentUse":"Yearly","PropertyType":"Commercial Sale","PublicRemarks":"11-unit multifamily in Minneapolis's Corcoran neighborhood offered at $1,275,000 ($113,636/door). The property features a desirable mixed unit mix of 6 two-bedroom and 5 one-bedroom units with market rents of $1,400 and $1,100 respectively, delivering broad renter appeal in a stable primarily residential submarket with strong transit connectivity and consistent tenant demand. Recent capital upgrades include a brand new parking lot in 2025, newer boiler, updated water heaters, and numerous new appliances through energy efficiency programs in 2026. The property is part of the Minneapolis 4D program keeping taxes low. Some units have already been turned with additional value-add upside remaining, all on top of stable in-place cash flow and a potential NOI of $100,377. Available individually or as part of a 7-property, 89-unit South Minneapolis portfolio offered at $9,750,000. Refer to OM for more information.","PublicSurveyRange":"24","PublicSurveySection":"02","PublicSurveyTownship":"28","NST_RentalLicenseType":"Standard","NST_RentalLicenseYN":"Y","NST_SchoolDistrictFullName":"1 - Minneapolis","NST_SchoolDistrictNumber":"1","NST_SchoolDistrictPhone":"6126680000","Sewer":"City Sewer/Connected","StandardStatus":"Active","StateOrProvince":"MN","StreetDirSuffix":"S","StreetName":"12th","StreetNumber":"3545","StreetNumberNumeric":"3545","StreetSuffix":"Avenue","SubdivisionName":"Bloomington Ave Add","TaxAnnualAmount":"7590.49","NST_TaxWithAssessments":"7717.54","TaxYear":"2026","Township":"Minneapolis","Utilities":"Electric Common,Electric Separate,Heating Common,Hot Water Common","VideosCount":"0","WaterSource":"City Water/Connected","WaterfrontYN":"False","YearBuilt":"1962","ZoningDescription":"Residential-Single Family","ListAgentKey":"NST73453","ListAgentMlsId":"NST502029211","ListOfficeMlsId":"NST26618","ListOfficeName":"Commercial Investors Group LLC","ListOfficeKey":"NST26618","ModificationTimestamp":"2026-06-08T19:30:07.439Z","OriginatingSystemName":"northstar","Media":"[{\"ResourceRecordKey\":\"NST7914742\",\"Order\":4,\"MediaObjectID\":\"NST4\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7914742/8f069e14-c5c5-4a0b-abca-e6957e2915a6.jpeg\",\"LongDescription\":\"30-DSC08459.jpg\",\"ImageWidth\":1200,\"ImageHeight\":800,\"ImageSizeDescription\":\"1200x800\",\"MediaModificationTimestamp\":\"2026-06-08T18:39:17.082Z\",\"MediaKey\":\"NST122803444\"},{\"ResourceRecordKey\":\"NST7914742\",\"Order\":3,\"MediaObjectID\":\"NST3\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7914742/3e232943-9d49-47f3-b511-cdec3850a7b9.jpeg\",\"LongDescription\":\"29-DSC08454.jpg\",\"ImageWidth\":1200,\"ImageHeight\":800,\"ImageSizeDescription\":\"1200x800\",\"MediaModificationTimestamp\":\"2026-06-08T18:39:17.073Z\",\"MediaKey\":\"NST122803445\"},{\"ResourceRecordKey\":\"NST7914742\",\"Order\":6,\"MediaObjectID\":\"NST6\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7914742/c71b797f-291c-4f39-9ecd-0fc0b2bc483b.jpeg\",\"LongDescription\":\"32-DSC08469.jpg\",\"ImageWidth\":1200,\"ImageHeight\":800,\"ImageSizeDescription\":\"1200x800\",\"MediaModificationTimestamp\":\"2026-06-08T18:39:17.125Z\",\"MediaKey\":\"NST122803442\"},{\"ResourceRecordKey\":\"NST7914742\",\"Order\":2,\"MediaObjectID\":\"NST2\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7914742/8a2a9151-4324-45a6-bdc4-4a096deabd48.jpeg\",\"LongDescription\":\"27-DSC08439.jpg\",\"ImageWidth\":1200,\"ImageHeight\":800,\"ImageSizeDescription\":\"1200x800\",\"MediaModificationTimestamp\":\"2026-06-08T18:39:17.099Z\",\"MediaKey\":\"NST122803446\"},{\"ResourceRecordKey\":\"NST7914742\",\"Order\":1,\"MediaObjectID\":\"NST1\",\"MediaURL\":\"https://s3.amazonaws.com/mlsgrid/images/NST7914742/ff5d10a8-12be-4476-896f-e1b6f7f89b5b.jpeg\",\"LongDescription\":\"26-DSC08434.jpg\",\"ImageWidth\":1200,\"ImageHeight\":799,\"ImageSizeDescription\":\"1200x799\",\"MediaModificationTimestamp\":\"2026-06-08T18:39:17.088Z\",\"MediaKey\":\"NST122803447\"}]","Media__ResourceRecordKey":"NST7914742","Media__Order":"4","Media__MediaObjectID":"NST4","Media__MediaURL":"https://s3.amazonaws.com/mlsgrid/images/NST7914742/8f069e14-c5c5-4a0b-abca-e6957e2915a6.jpeg","Media__LongDescription":"30-DSC08459.jpg","Media__ImageWidth":"1200","Media__ImageHeight":"800","Media__ImageSizeDescription":"1200x800","Media__MediaModificationTimestamp":"6/8/2026 6:39:17 PM","Media__MediaKey":"NST122803444","MlgCanView":"True","MlgCanUse":"IDX","PhotoRemarks":"[{\"Order\":1,\"Remarks\":\"26-DSC08434.jpg\"},{\"Order\":2,\"Remarks\":\"27-DSC08439.jpg\"},{\"Order\":3,\"Remarks\":\"29-DSC08454.jpg\"},{\"Order\":4,\"Remarks\":\"30-DSC08459.jpg\"},{\"Order\":6,\"Remarks\":\"32-DSC08469.jpg\"}]","PhotoOrder":"1,2,3,4,6","CustomVTourURL":""}
Box 152 Pine River, MN 56474
Doug Zaske, Owner/Broker
Office: 218.587.4424
Cell: 218.820.8688