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  • $748,000

    2809 31st Ave S, Minneapolis, MN 55406

    8beds
    4baths
    4,956sqft
    Quadruplex
    Built in 1969
    -- sqft lot
    $752,400 Zestimate®
    $151/sqft
    $2,145 Estimated rent

    What's special

    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.

    Zillow last checked: 7 hours ago

    Listing updated: July 01, 2025 at 06:53am

    Listed by:

    Jonathan Soto 651-592-4303,

    RE/MAX Results

    Bought with:

    Charles T Chesumbai

    Southbridge Realty LLC

    Source: NorthstarMLS as distributed by MLS GRID,MLS#: 6697411MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Boiler
    Appliances
    • Laundry: Coin-op Laundry Owned
    Features
    • Basement: Egress Window(s),Partially Finished
    Interior area
    • Total structure area: 4,956
    • Total interior livable area: 4,956 sqft
    • Finished area above ground: 3,324
    • Finished area below ground: 0

    Property

    Parking
    • Parking features: Asphalt, Open
    • Has uncovered spaces: Yes
    • Details: Garage Dimensions (0), Garage Door Height (0), Garage Door Width (0)
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Fencing: Chain Link,Partial
    Lot
    • Size: 6,969 sqft
    • Dimensions: 48 x 132
    Details
    • Foundation area: 1632
    • Parcel number: 3102923330064
    • Zoning description: Residential-Multi-Family

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex
    Materials
    • Brick/Stone, Brick
    • Roof: Asphalt
    Condition
    • Age of Property: 56
    • New construction: No
    • Year built: 1969

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Gas: Natural Gas
    • Sewer: City Sewer/Connected
    • Water: City Water/Connected

    Community & neighborhood

    Location
    • Region: Minneapolis
    • Subdivision: South Minneapolis Add

    Other

    Other facts
    • Road surface type: Paved
    Services availability