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$1,250,000

  • For Sale
  • Active
  • Commercial
  • 10,170 Sq. Ft.
  • 0.29 Acres
  • Updated 8 days ago
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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.

Full Property Details for 3018 30th Ave S

General

  • Price: $1,250,000
  • Taxes: $21,848 (2025)
  • Status: Active
  • Type: Commercial
  • Source: NorthStarMLS_RMLS
  • MLS ID: 7075636
  • Updated: 5/18/2026
  • Added to Site: 9 day(s) ago

Interior

  • Appliances: Dishwasher, Range, Refrigerator

Parking

  • Parking Features: Paved Lot

Location

  • County: Hennepin
  • Township: Minneapolis
  • Subdivision: Lake Street Add
  • Neighborhood: 44
  • Driving Directions: Lake St to 30th Ave S property on Right

School Information

  • School District: 1 - Minneapolis
  • High School District: Minneapolis

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Heating Type: Boiler
  • Heating Fuel: Natural Gas

Utilities

  • Sewer: City Sewer Connected
  • Water: City Water (Connected)
  • Utility Description: Electric Separate

Structural Information

  • Basement: Yes
  • Foundation Size: 3390
  • Roof: Age Over 8 Years, Flat
  • Disability Access: No Stairs Internal
  • Square Feet: 10,170
  • Finished Down/Base.: 10,170 Sq. Ft.
  • Current Bldg. Use: Residential
  • Year Built: 1965

Unit Information

  • Units w/Refrigerators: 1

Lot Features

  • Lot Size (Acres): 0.29
  • Lot Dimensions: 80 x 158
  • Potential Use: Income
  • Zoning: Residential-Multi-Family
  • Fencing (Description): Partial

Financial Considerations

  • Operating Expenses: $53,566
  • Tax Amount: $21,848
  • Tax Year: 2025
  • Terms: Conventional, Cash
  • Owner Pays: Fuel, Heat, Grounds Care, Management, Sewer, Snow Removal, Trash Collection, Water
  • Pays Heat: Owner Pays
  • Pays Trash: Owner Pays
  • Pays Water: Owner Pays

Disclosures and Reports

  • Legal Description: BLOCK 004 LAKE STREET ADDN TO MPLS LOTS 5 AND 6 BLK 4 LAKE ST ADDN AND THAT PART OF THE N 97 1/100 FT OF LOT 2 BLK 1 V G HUSHS ADDN WHICH LIES S OF N LINE OF LOT 5 BLK 4 LAKE STREET ADDN EXTENDED
  • Inclusions: Building
  • Property ID: 102824110041

Listed by Stepping Stone Brokers LLC

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Listing agent

— 3018 30th Ave S —

  • Stepping Stone Brokers LLC

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 3018 30th Ave S

School District:Minneapolis Public School District
NameGradesDistance
Anishinabe Academy
3100 East 28th Street, Minneapolis, MN 55406
PK-50.4 mi
Andersen Community
1098 Andersen Lane, Minneapolis, MN 55407
6-81.5 mi
Dowling Elementary School
3900 West River Parkway, Minneapolis, MN 55406
K-51.6 mi
South Senior High School
3131 19th Avenue South, Minneapolis, MN 55407
9-120.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 3018 30th Ave S Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/18/2026
Listed
$1,250,000
-47.48%
MLS
10/07/2019
Sold
$2,380,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 3018 30th Ave S

Year
Property Taxes
Change
Tax Assessment
Change
2025
$21,848
5%
$1,198,000
-8%
2023
$20,907
-4%
$1,307,000
-3%
2023
$21,687
—
$1,347,000
-5%
2023
$21,687
-1%
$1,418,000
14%
2020
$21,988
22%
$1,244,000
25%
2019
$18,060
11%
$995,000
13%
2018
$16,263
15%
$877,500
18%
2017
$14,115
11%
$743,500
15%
2016
$12,690
19%
$646,400
23%
2015
$10,663
-4%
$525,500
5%
2014
$11,135
1%
$501,000
—
2013
$11,046
—
$501,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Stepping Stone Brokers LLC

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3018 30th Avenue S, Minneapolis, MN 55406 (MLS# 7075636) is a Commercial property. 3018 30th Avenue S is currently listed for $1,250,000 and was received on May 18, 2026. Want to learn more about 3018 30th Avenue S? Do you have questions about finding other Commercial real estate for sale in Minneapolis? You can browse all Minneapolis real estate or contact a Coldwell Banker agent to request more information.

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