- For Sale $1,225,000
- Property Type Multi-Family
- Property Size 5,040 SF
- Units 12
- Lot Size 0.29 Acre
- Property Tenancy Multi-Tenant
- Year Built 1962
- Date Updated Jun 15, 2026
Description
Located in the Corcoran neighborhood on Minneapolis's south side, 3021 Longfellow Ave S is a well-positioned multifamily asset within a walkable, transit-rich corridor. The Lake Street/Midtown Station light rail is just 0.4 miles away, putting Downtown Minneapolis and MSP Airport within easy reach for tenants without a car. Five parks are within 1.1 miles including Corcoran Park and Powderhorn Park, with three shopping centers within 0.8 miles. Popular neighborhood amenities include Memory Lanes, Arbeiter Brewing, and Eastlake Craft Brewery, adding to the live-work-play appeal that attracts and retains quality tenants. Augsburg College, North Central University, and Abbott Northwestern Hospital are all within minutes, providing a steady and diverse renter demand base. Corcoran is a stable, established south Minneapolis submarket with the walkability and connectivity that keeps occupancy strong.Located in the Corcoran neighborhood on Minneapolis's south side, 3021 Longfellow Ave S is a 12-unit multifamily asset offered at $1,175,000. Built in 1962, this two-story brick and stucco building sits on a large lot in one of south Minneapolis's most consistently occupied submarkets. The Lake Street/Midtown Station light rail is just 0.4 miles away, putting Downtown Minneapolis and MSP Airport within easy reach for tenants without a car. Five parks are within 1.1 miles including Powderhorn Park, with shopping, dining, and neighborhood amenities all walkable from the front door. Augsburg College, North Central University, and Abbott Northwestern Hospital are all within minutes, providing a steady and diverse renter demand base. Stable in-place cash flow, a proven location, and a clear value-add path on turns make this a straightforward addition to any south Minneapolis portfolio.
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Contacts
Forrest Kalk
Commercial Investors Group
Location
Located at 3021 Longfellow Ave, Minneapolis, MN 55407, this property is part of the Corcoran neighborhood and Minneapolis St Paul market.
Contact Listing Broker
Forrest Kalk
Commercial Investors Group