2809 31st AVE S Contingent Save Request In-Person Tour Request Virtual Tour
Minneapolis,MN 55406
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Contingent
Purchase Type For Sale
Square Footage 3,324 sqft
Price per Sqft $225
Subdivision South Minneapolis Add
MLS Listing ID 6697411
Year Built 1969
Annual Tax Amount $11,737
Tax Year 2024
Lot Size 6,969 Sqft
Property Sub-Type Quadruplex
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.
Location
State MN
County Hennepin
Zoning Residential-Multi-Family
Interior
Heating Boiler
Exterior
Parking Features Asphalt,Open
Fence Chain Link,Partial
Roof Type Asphalt
Building
Story Two
Foundation 1632
Sewer City Sewer/Connected
Water City Water/Connected
Structure Type Brick/Stone
New Construction false
Schools
School District Minneapolis