3018 30th Ave S - Apartments FOR SALE


Minneapolis, MN 55406- Longfellow
$1,250,000 USD
612-490-1434
3018 30th Ave S, Minneapolis, MN for Sale
$1,250,000 USD
Apartments - FOR SALE
1/14
null | Request Cap Rate

3018 30th Ave S
Minneapolis, MN 55406
Longfellow


OVERVIEW

Excellent multifamily investment opportunity with updated units. 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.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$126 USD /SF

# OF UNITS

12

PRICE/UNIT

$104,167

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1965

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.29 AC

LAND SF

12,632 SF

ZONING

R5

APN/PARCEL ID

01-028-24-11-0041

ASK ABOUT THIS PROPERTY

Ross LumleyThe Stepping Stone GroupMore Info
612-490-1434

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Ross LumleyThe Stepping Stone GroupMore Info
612-490-1434

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.