3018 30th Avenue S Minneapolis, MN $ 1,250,000
3018 30th Avenue S
$ 1,250,000
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3018 30th Avenue S

Minneapolis, MN, 55406
$ 1,250,000
Bedrooms-- Baths-- Sq 10,170

Monthly Estimate*

$ 8,633

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Commercial Property for sale in Minneapolis, MN

for $1,250,000. This 10,170 square foot building was built in 1965 on a lot size of 0.29.

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

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Commercial Active

Price

$ 1,250,000

Property Type

Commercial

Taxes

$ 21,848

Style

Lot Size

0.29

Year Built

1965

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

7075636

Features
General
Sewer City Sewer/Connected
Heating Boiler
Cooling Window Unit(s)
Utilities Electric Separate
Roof Age Over 8 Years Flat
Appliances Dishwasher Range Refrigerator
Garage Spaces 0
Year Built 1965
Levels Two
Tax Year 2025
Current Use Residential
Gross Income 161450
Accessibility No Stairs Internal
County Hennepin
Net Operating Income 107884
Operating Expense 53566
New Construction N
Property Type Commercial Sale
Contingency None
MaintenanceExpense 24895
Subdivision Name Lake Street Add
Possible Use Income
Directions Lake St to 30th Ave S property on Right
City Minneapolis
High School District Minneapolis
Zoning Description Residential-Multi-Family
Number Of Units Total 12
Lot Size Units Acres
Carport Spaces 0
Land Lease Y/N N
Tax Annual Amount 21848
Electric Expense 591
Fuel Expense 6918
Trash Expense 4461
Water Sewer Expense 5293
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Exterior
Fencing Partial
Parking Features Paved Lot
Water Source City Water/Connected
Inclusions Building
Lot Size Area 0.29
Building Area Total 10170
Lot Dimensions 80X158
Waterfront Y/N N
Foundation Area 3390
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Interior
Basement (Y/N) N
Fuel Natural Gas
Garage Dimensions 0
Garage Square Feet 0
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Internal Only
Street Number 1 3018
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* Excluded Features
List By
Stepping Stone Brokers Llc

Broker

rlumley@thesteppingstonegroup.com

Email

Affordability Calculator

$10,454
Per Month
83%
17%
0%
Monthly Principal & Interest
$8,633
Monthly Property Taxes
$1,821
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
708364 Elementary School
708967 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/18/2026$1,250,000 Listed Price

Map


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3018 30th Avenue S, Minneapolis, MN, 55406 is a Commercial Property for sale at $1,250,000 with 10,170 sqft and a lot size of 0.29. 3018 30th Avenue S was built in 1965. The property's zip code is 55406 which is in Minneapolis, MN