$749,990

2809 31st Avenue S, Minneapolis, MN 55406

  • 3,324 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1969
  • Property Lot Size Icon6,970sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $226/sqft
  • Property List Date Icon Listed 1 month ago

Property 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.

Listing Status:
Active
Listing Office:
RE/MAX Results : 320-251-2200
MLS ID:
6697411
  • Basement: Egress Window(s)Partially Finished
  • Heating: Boiler

This listing courtesy of RE/MAX Results

Location

Schools Nearby

S

Sullivan Elementary School

3100 E 28th St, Minneapolis, MN, 55406

Grades PK-8

0.09 miles away

S

Sullivan Elementary School

3100 E 28th St, Minneapolis, MN, 55406

Grades PK-8

0.09 miles away

L

Longfellow Alternative

3017 E 31st St, Minneapolis, MN, 55406

Grades 7-12

0.36 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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