2809 31st Avenue S
Minneapolis, MN 55406
4956 sqft | #6697411
Description
Turn-Key 4-Plex Investment Opportunity in Longfellow
Rare chance to acquire a solid, all-brick 4-plex in the highly sought-after Longfellow neighborhood. This property features four 2-bedroom units with similar layouts and updated finishes—ideal for reliable, consistent cash flow from day one.
This building offers minimal maintenance and reduced upfront costs. The lower level includes a roughed-in 5th unit with two rooms, egress windows, and an existing bathroom—presenting a significant value-add opportunity (buyer to verify).
An asphalt parking lot at the rear. Located in a strong rental market with high demand and solid long-term appreciation.
Whether you’re looking to house-hack, expand your portfolio, or 1031 into a stabilized asset with upside, this one checks all the boxes.
Property Details
- Basement DescriptionEgress Window(s), Partially Finished
- SubdivisionSouth Minneapolis Add
- Sewer InformationCity Sewer/Connected
- Utility SourceCity Water/Connected
- Parking FeaturesAsphalt, Open
- Parcel Number3102923330064
- Property TypeMulti-Family
- School DistrictMinneapolis
- Property SubtypeQuadruplex
- CountyHennepin
- RoofAsphalt
- Taxes Annual$11,737
- MLS #6697411
- MLS #6697411
- HeatingBoiler
- Cost749990
- Square Feet4956
- Year Built1969
- Basement1
- Basement Finished1
- Days on Market (Cumulative)9
Location
Legal
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Last Updated: . Source: NORTHSTAR
Listing Courtesy
Listing Agent: Jonathan Soto (#NST502046527)
Listing Office: RE/MAX Results (#NST20530)
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