3010 20TH AVENUE
3010 20th Avenue, Minneapolis, 55407, MN
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Price: $1,125,000
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Status type: For Sale
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City: Minneapolis
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Neighborhood: 16
Bedrooms: 0
Property Size :0
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Listing Agent: NST26618,NST73453
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Property type : Commercial Sale
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Zip code: 55407
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Street: 3010 20th Avenue
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Street: 3010 20th Avenue
Bathrooms: N/A
Year: 1960
Listing Brokerage: Commercial Investors Group LLC
DETAILS
11-unit all 1BR/1BA multifamily in Minneapolis's Corcoran neighborhood offered at $1,125,000 ($102,273/door). Just 0.3 miles from the Lake Street/Midtown Station light rail, tenants enjoy direct access to Downtown Minneapolis and MSP Airport without a car. The property has seen numerous capital upgrades including a newer boiler, updated electric panels, and energy efficient appliances, and is part of the Minneapolis 4D program providing low taxes and free energy efficiency upgrades. Many units have already been turned with real rent upside remaining on others, creating a clear path to growth on a simple, uniform unit mix that keeps operations straightforward and underwriting clean. Stable in-place cash flow with a potential NOI of $88,445 at a basis that still makes sense in today's market. Available individually or as part of a 7-property, 89-unit South Minneapolis portfolio offered at $9,750,000. Please referance OM for more information.
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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EXTERIOR
Air Conditioning: N/A
Garage Spaces: N/A
Construction Materials: N/A
Foundation Size: 2448ft²
Unit Amenities:
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Heating System:
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- Boiler
LOT
Acres: N/A
Lot Size Dim.: 63.00 X 125.00
Longitude: 44.9479
Latitude: -93.244
Zoning: Residential-Multi-Family
FINANCIAL & TAXES
Tax year: 2026
Tax annual amount: $3,294
MISCELLANEOUS
Fuel System: N/A
Sewer System: City Sewer/Connected
Water System: City Water/Connected
ADDITIONAL INFORMATION
MLS#: NST7914656
Listing Brokerage: Commercial Investors Group LLC
ID: 4927932
Published: June 08, 2026
Last Update: June 08, 2026
Views: 1
