3018 30th Avenue S, Minneapolis, MN 55406 (MLS# 7075636)

3018 30th Avenue S, Minneapolis, MN 55406

$1,250,000
Property Type: Commercial Square Footage: 10,170 Lot Size (sq. ft.): 12,632 Status: Active
Current Price: $1,250,000 List Date: 9/04/2026 Last Modified: 9/04/2026

Overview

Description

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 cen ...

Listing Details MLS# 7075636

General Property Information

Lot Measurement
Acres
Management Company Name
The Stepping Stone Group
Multiple PIDs?
No
Other Parking Spaces
12
Owner Occupied
No
Waterfront YN
No
Year Built
1965
Yearly/Seasonal
Yearly
Zoning
Residential-Multi-Family
Foundation Size
3390
Management Company Phone
612-500-6223
For Sale or Lease
For Sale
Acres
0.29
Lot Dimensions
80X158
Assessment Pending
No

Property Features

Accessible: No Stairs Internal Air Conditioning: Window Unit(s) Appliances: Dishwasher; Range; Refrigerator Assumable Loan: Not Assumable CMU Style: Low Rise Construction Status: Previously Owned Current Use: Residential Existing Financing: Conventional Exterior: Brick/Stone Fencing: Partial Foundation: Concrete Block Fuel: Natural Gas Heating: Boiler Loan Terms: Cash; Conventional Lock Box Type: Combo On Site Utilities: Electric Separate Owner Pays: Fuel; Heat; Lawn; Lawn; Management; Sewer; Snow Removal; Trash Collection; Water Parking Characteristics: Paved Lot Potential Use: Income Rent Rate per Foot: Per Month Rental License Type: Standard Roof: Age Over 8 Years; Flat Sewer: City Sewer/Connected Stories: Two Water: City Water/Connected

Contract Information

Contingency
None
ListPrice
1250000
Owner is an Agent?
Yes
Auction?
No

Location Tax and Other Information

House Number
3018
Street Name
30th
Street Suffix
Avenue
Street Direction Suffix
S
Postal City
Minneapolis
County
Hennepin
State
MN
Zip Code
55406
Complex/Dev/Subdivision
Lake Street Add

Assessments

Tax With Assessments
21848

Building Information

Building Finished SqFt
9322
Building SqFt
10170

More Information

Income and Expenses

Annual Electric Expense
591
Annual Fuel Expense
6918
Annual Gross Expenses
53566
Annual Gross Income
161450
Annual Maintenance Expense
24895
Annual Net Income
107884
Annual Trash Expense
4461
Annual Water/Sewer Expense
5293

Lease Details

Land Leased
Not Applicable

Miscellaneous Information

Homestead
No

Ownership

Fractional Ownership
No

Public Survey Info

Range#
24
Section#
01
Township#
28

Sale Options

Sale Includes
Building

Unit 1

No. of 1 Bedroom Units
12

Unit Details

Total Units
12

Documents

IDX
Listing Office: Stepping Stone Brokers LLC
Last Updated: September - 04 - 2026
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2026 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.
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