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.
Closed
$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
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#: 6697411

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