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Listed price in listed location currency (USD).
$1,225,000

000

MLS® 7088925

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage 
Taxes $7,578
Days Active 0
Lot Size 
Approx. Age 1962
MLS® Number 7088925

Property Address: 3021 Longfellow Avenue, Minneapolis, MN, 55407

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

Description

12-unit all 1BR/1BA multifamily in Minneapolis's Corcoran neighborhood offered at $1, 225, 000 ($102, 083/door). This two-story brick and stucco building sits on a large lot in one of south Minneapolis's most consistently occupied submarkets. The property has been steadily upgraded with newer electric panels, a new front concrete stoop, and many units remodeled. Part of the Minneapolis 4D program providing low taxes and energy saving appliance upgrades. Augsburg College, North Central University, and Abbott Northwestern Hospital are all within minutes, providing a steady and diverse renter demand base. Potential NOI of $97, 662 with clear value-add upside remaining on turns. Available individually or as part of a 7-property, 89-unit South Minneapolis portfolio offered at $9, 750, 000. Please review the OM for more information.
MLS® Number7088925
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1962
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
$1,225,000List Price
  • Commute

Commute

Starting Address
Destination Address
3021 Longfellow Avenue, Minneapolis, MN

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