2809 31st Avenue, Minneapolis, 55406, MN
Price: $749,990
Status type: For Sale
City: Minneapolis
Neighborhood: Longfellow
Bedrooms: 0
Property Size :3324
Listing Agent: NST20530,NST106802
Property type : Quadruplex
Zip code: 55406
Street: 2809 31st Avenue
Street: 2809 31st Avenue
Bathrooms: N/A
Year: 1969
Listing Brokerage: RE/MAX Results
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.
Bedrooms: N/A
Fin ft² / Living Area: 3324 ft²
Below Ground Living: N/A
Bathrooms: N/A
Above Ground Living: 3324ft²
Basement Details: Egress Window(s), Partially Finished,
Appliances Included:
Air Conditioning: N/A
Garage Spaces: N/A
Construction Materials: N/A
Foundation Size: 1632ft²
Unit Amenities:
Heating System:
Acres: N/A
Lot Size Dim.: 48 X 132
Longitude: 44.9515
Latitude: -93.2267
Zoning: Residential-Multi-Family
Tax year: 2024
Tax annual amount: $11,737
Fuel System: N/A
Sewer System: City Sewer/Connected
Water System: City Water/Connected
MLS#: NST7722995
Listing Brokerage: RE/MAX Results