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3018 30th Ave S 12 Unit Apartment Building $1,725,825 CAD ($143,819 CAD/Unit) Minneapolis, MN 55406



Executive Summary
Excellent multifamily investment opportunity with updated units. 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.
Property Facts
| Price | $1,725,825 CAD | Building Class | C |
| Price Per Unit | $143,819 CAD | Lot Size | 0.29 AC |
| Sale Type | Investment | Building Size | 9,957 SF |
| No. Units | 12 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1965 |
| Apartment Style | Low-Rise | Parking Ratio | 1.21/1,000 SF |
| Zoning | R5 | ||
| Price | $1,725,825 CAD |
| Price Per Unit | $143,819 CAD |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 9,957 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1965 |
| Parking Ratio | 1.21/1,000 SF |
| Zoning | R5 |
Amenities
Site Amenities
- Laundry Facilities
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 12 | - | 580 |
1 1
Very walkable
80/100
Moderately drivable
60/100
Good public transit
70/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 01-028-24-11-0041 | Improvements Assessment | $1,389,555 CAD |
| Land Assessment | $261,265 CAD | Total Assessment | $1,650,820 CAD |
Property Taxes
Parcel Number
01-028-24-11-0041
Land Assessment
$261,265 CAD
Improvements Assessment
$1,389,555 CAD
Total Assessment
$1,650,820 CAD
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3018 30th Ave S
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