2809 31ST AVENUE

2809 31st Avenue, Minneapolis, 55406, MN

DETAILS

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.

INTERIOR

  • 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:

EXTERIOR

  • Air Conditioning: N/A

  • Garage Spaces: N/A

  • Construction Materials: N/A

  • Foundation Size: 1632ft²

  • Unit Amenities:

  • Heating System:

    • Boiler

LOT

  • Acres: N/A

  • Lot Size Dim.: 48 X 132

  • Longitude: 44.9515

  • Latitude: -93.2267

  • Zoning: Residential-Multi-Family

FINANCIAL & TAXES

  • Tax year: 2024

  • Tax annual amount: $11,737

MISCELLANEOUS

  • Fuel System: N/A

  • Sewer System: City Sewer/Connected

  • Water System: City Water/Connected

ADITIONAL INFORMATION

  • MLS#: NST7722995

  • Listing Brokerage: RE/MAX Results Agency Icon

ID: 3523466
Published: April 08, 2025
Last Update: April 08, 2025
Views: 16