1 of 14

Want to see this property?

2809 31st Avenue S

Minneapolis, MN 55406

– beds
– baths
3,324 sqft
$225 per sqft
1969 build
– on site

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.

Listing courtesy of NORTHSTAR / Jonathan Soto / RE/MAX Results

Last checked: Checking… • Last updated Apr 14, 2025 •

MLS# 6697411 —

The Building

Year Built:

1969
New Construction:

false
Age Of Property:

56
Construction Materials:

Brick/Stone
Construction Materials Desc:

Brick
Roof:

Asphalt
Accessibility Features:

None
Levels:

Two
Main Level Finished Area:

1632.0000
Basement:

Egress Window(s), Partially Finished
Basement:

true
Foundation Area:

1632
Building Area Total:

4956
Above Grade Finished Area:

3324

Room Dimensions

Living Area:

3324

Location

Directions:

Lake Street To 31st Avenue To Home
Latitude:

44.951534
Longitude:

-93.226658

The Property

Parcel Number:

3102923330064
Zoning Description:

Residential-Multi-Family
Property Type:

Residential Income
Property Subtype:

Quadruplex
Additional Parcels:

false
Lot Size Area:

0.16
Lot Size Dimensions:

48 X 132
Lot Size Units:

Acres
Road Frontage Type:

City Street, Paved Streets, Sidewalks
Fencing:

Chain Link, Partial
Water Source:

City Water/Connected
Land Lease:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2024
Tax Annual Amount:

11737
Tax With Assessments:

11737.0000

Heating & Cooling

Heating:

Boiler

Utilities

Electric:

200+ Amp Service
Sewer:

City Sewer/Connected

Appliances

Refrigerator:

Four

Schools

High School District:

Minneapolis

The Community

Subdivision Name:

South Minneapolis Add
Association Amenities:

Coin-op Laundry Owned
Assessment Pending:

No

Parking

Parking Features:

Asphalt, Open

Extra Units

# of Units Total:

4

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

US Internet

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price	% Change
4/8/25 Apr 8, 2025	Listed / Active	NORTHSTAR	$749,990	7.1% (2.7% / YR)
8/4/22 Aug 4, 2022		NORTHSTAR	$700,000	7.7%
6/6/22 Jun 6, 2022		NORTHSTAR	$650,000

Want a closer look?

Go see 2809 31st Avenue S

Or Call Toll Free 1-800-241-3327

We guarantee that we’ll never spam you.

* indicates a required field

More homes

Newest listings in Minneapolis, MN

Similar sold homes

This multifamily located in Longfellow, Minneapolis, MN 55406 is currently for sale for $749,990. 2809 31st Avenue S is a 3,324 square foot multifamily with – beds and – baths that has been on Estately for 8 days. 2809 31st Avenue S is in the Longfellow neighborhood of Minneapolis and has a WalkScore® of 80, making it very walkable. This multifamily is in the attendance area of Andersen United Community School, Dowling Elementary School, and South High School.

Listing Courtesy of: NORTHSTAR and RE/MAX Results.

Estately, Inc. is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Thomas Rehman, a licensed Real Estate Broker in the state of Minnesota, and a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc. Information deemed reliable but not guaranteed.

©2025 Regional Multiple Listing Service of Minnesota, Inc. All Rights Reserved. Information deemed reliable but not guaranteed. Property data presented reflects information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.

The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information on each listing is furnished by the owner and deemed reliable to the best of his/her knowledge, but should be verified by the purchaser. RMLS and Estately, Inc. assume no responsibility for typographical errors, misprints or misinformation. This property is offered without respect to any protected classes in accordance with the law.

Open house information subject to change without notice.

Based on information submitted to the MLS GRID. 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.