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Listed price in listed location currency (USD).
$1,125,000

000

MLS® 7088900

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage 
Taxes $3,294
Days Active 0
Lot Size 
Approx. Age 1960
MLS® Number 7088900

Property Address: 3010 20th Avenue S, Minneapolis, MN, 55407

Average square foot calculated using Size range provided by listing agent.

Description

11-unit all 1BR/1BA multifamily in Minneapolis's Corcoran neighborhood offered at $1, 125, 000 ($102, 273/door). Just 0.3 miles from the Lake Street/Midtown Station light rail, tenants enjoy direct access to Downtown Minneapolis and MSP Airport without a car. The property has seen numerous capital upgrades including a newer boiler, updated electric panels, and energy efficient appliances, and is part of the Minneapolis 4D program providing low taxes and free energy efficiency upgrades. Many units have already been turned with real rent upside remaining on others, creating a clear path to growth on a simple, uniform unit mix that keeps operations straightforward and underwriting clean. Stable in-place cash flow with a potential NOI of $88, 445 at a basis that still makes sense in today's market. Available individually or as part of a 7-property, 89-unit South Minneapolis portfolio offered at $9, 750, 000. Please referance OM for more information.
MLS® Number7088900
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1960
Basement
DrivewayParking Lot, Paved Lot
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 8, 2026List Date
$1,125,000List Price
  • Commute

Commute

Starting Address
Destination Address
3010 20Th Avenue S, Minneapolis, MN

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