2818 31ST STREET
2818 31st Street, Minneapolis, 55406, MN
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Price: $699,000
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Status type: For Sale
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City: Minneapolis
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Neighborhood: Longfellow
Bedrooms: 0
Property Size :0
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Listing Agent: NST10511,NST229369
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Property type : Apartment
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Zip code: 55406
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Street: 2818 31st Street
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Street: 2818 31st Street
Bathrooms: N/A
Year: 1960
Listing Brokerage: Keller Williams Classic Rlty NW
FEATURES
- Range
- Refrigerator
DETAILS
Prime 6 unit building in the growing Longfellow neighborhood! All the heavy lifting done with recent updates and 100% occupancy! Combination of long term tenants and recent move-ins, with a total gross scheduled rent of $7,245 per month with room to grow! Step into cashflow day one, with great upside with lease renewals next year. Too many updates to list, see the supplements for a full list of improvements. New high efficiency boiler/hot water heater combi unit along with many new energy efficient appliances account for the extremely low operating cost as seen in the financials. Run your own numbers, but current rents and actual expenses have the building at a 8.35 cap, with aggressive rents pushing it higher. Schedule your showing today, and scoop this cash flowing asset up before it's gone!
INTERIOR
Bedrooms: N/A
Fin ft² / Living Area: N/A
Below Ground Living: N/A
Bathrooms: N/A
Above Ground Living: N/A
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Basement Details: ,
Appliances Included:
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- Range
- Refrigerator
EXTERIOR
Air Conditioning: Wall Unit(s)
Garage Spaces: N/A
Construction Materials: N/A
Foundation Size: 1960ft²
Unit Amenities:
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Heating System:
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- Baseboard
- Boiler
LOT
Acres: N/A
Lot Size Dim.: 60X70
Longitude: 44.947
Latitude: -93.2306
Zoning: Residential-Multi-Family
FINANCIAL & TAXES
Tax year: 2025
Tax annual amount: $11,052
MISCELLANEOUS
Fuel System: N/A
Sewer System: City Sewer/Connected
Water System: City Water/Connected
ADDITIONAL INFORMATION
MLS#: NST7786363
Listing Brokerage: Keller Williams Classic Rlty NW
ID: 4229949
Published: August 22, 2025
Last Update: August 22, 2025
Views: 1
