$1,250,000
( $122.91Per Sq Foot )
 $6,710 est/mo Sourced by Back At You

3018 30th Avenue S,Minneapolis, MN 55406

Minneapolis, MN 55406

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Description

Excellent multi-family investment opportunity, all units fully renovated in this well maintained building.Located in the heart of Minneapolis's highly desirable Longfellow neighborhood. This well-positioned 12-unit apartment building offers a strong unit mix, outstanding walkability, and convenient access to some of the city's most popular amenities and destinations. The property appeals to today's active urban renter with its proximity to neighborhood parks, fitness and recreation options, local restaurants, coffee shops, retail, and everyday services. Residents will enjoy being just minutes from the Mississippi River trail system, Minnehaha Park, and several of Minneapolis's most vibrant dining and entertainment areas.The location offers a highly walkable and bike-friendly environment with excellent transit connectivity and easy access to Downtown Minneapolis, Uptown, and major transportation corridors. Strong rental demand in the area is supported by nearby employment centers, retail, dining, and entertainment destinations, making this an attractive investment opportunity for both stable cash flow and long-term appreciation. Combining a desirable location, solid rental appeal, and urban lifestyle amenities, this property presents an exceptional opportunity for investors seeking long-term upside in one of Minneapolis's most established and dynamic neighborhoods.stable tenant mix/income stream with room for growth, value add

Details

MLS #7075636
Listing TypeFor Sale
Sub-TypeResale
StatusPending
Year1965
Days On Site104
Listing Provided ByStepping Stone Brokers LLC | Ross G Lumley

Features

SQ Feet10,170
Story(s)2
Units12
ZoningResidential-Multi-Family
Acreage0.29

Interior

CoolingWindow Unit(s)
HeatingBoiler
AppliancesDishwasher, Range, Refrigerator

Exterior

RoofAge Over 8 Years, Flat

Parking

Parking FeaturesPaved Lot

Utilities

UtilitiesElectric Separate

Taxes

Property21848

Area Information

StateMN
CountyHennepin
CityMinneapolis
Zip Code55406
Area44
Community NameLake Street Add
School District1
High SchoolMinneapolis
Listing VS Median (in Lake Street Add)
Price:
$1,250,000
low | high
Med:
$1,250,000
50% of Average
sqft:
10,170
low | high
Med:
10,170
50% of Average
$ / sqft:
$123
low | high
Med:
$123
50% of Average
On site:
104
low | high
Med:
104
100% of Average
Sourced by Back At You

Market Activity 55406

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 Listings courtesy of Northstar MLS as distributed by MLS GRID. 

Based on information submitted to the MLS GRID as of August 30, 2026 at 5:41:38 AM PDT All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

Coldwell Banker Crown Park Rapids

Coldwell Banker Crown Park Rapids

 (218) 732-3381parkrapids@coldwellbankercrown.com
StateMN
CountyHennepin
CityMinneapolis
Zip Code55406
Area44
Community NameLake Street Add
School District1
High SchoolMinneapolis
Listing VS Median (in Lake Street Add)
Price:
$1,250,000
low | high
Med:
$1,250,000
50% of Average
sqft:
10,170
low | high
Med:
10,170
50% of Average
$ / sqft:
$123
low | high
Med:
$123
50% of Average
On site:
104
low | high
Med:
104
100% of Average
Sourced by Back At You
Listing Updated: August 27, 2026 at 5:34:08 AM PDT

Coldwell Banker Crown

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