3010 20th Ave S

Located in Minneapolis's Corcoran neighborhood, 3010 20th Ave S sits just 0.3 miles from the Lake Street/Midtown Station light rail, connecting tenants to Downtown Minneapolis and MSP Airport without a car. Five parks are within 1.1 miles including Powderhorn Park, with three shopping centers, Midtown Global Market, and a strong retail and restaurant corridor all within walking distance. Major employers including Abbott Northwestern Hospital are minutes away, and Augsburg College, North Central University, and University of St. Thomas provide consistent renter demand. Walkable, transit-connected, and centrally located, Corcoran is a stable south Minneapolis submarket that keeps units full.An 11-unit, all 1BR/1BA multifamily asset in Minneapolis's Corcoran neighborhood offered at $105,000 per door. The uniform unit mix keeps operations simple and underwriting clean, while a targeted rehab program on turns creates a clear path to rent growth. Located just 0.3 miles from the Lake Street/Midtown Station light rail, tenants have direct access to Downtown Minneapolis and MSP Airport without a car. Five parks are within 1.1 miles including Powderhorn Park, with Midtown Global Market, Abbott Northwestern Hospital, and multiple universities all within close proximity — the kind of location that generates consistent demand and keeps vacancy low. Stable in-place cash flow, simple unit mix, and real rent upside on turns at a basis that still makes sense in today's market.