- For Sale $1,275,000
- Property Type Multi-Family
- Property Size 3,283 SF
- Units 11
- Lot Size 0.21 Acre
- Property Tenancy Multi-Tenant
- Year Built 1962
- Date Updated Jun 15, 2026
Description
Located in the Corcoran neighborhood on Minneapolis's south side, 3545 21st Ave S sits in a stable, primarily residential submarket with strong connectivity and consistent tenant demand. Five parks are within 1.6 miles including Corcoran Park, Sibley Park, and Powderhorn Park, with three shopping centers within 1.5 miles and neighborhood dining and retail easily accessible. The Lake Street/Midtown Station light rail is less than a mile away, connecting tenants to Downtown Minneapolis and MSP Airport without a car. Abbott Northwestern Hospital is within a few miles and Augsburg College, North Central University, and University of St. Thomas are all within a short commute, providing a broad and reliable renter base. Corcoran is a well-established south Minneapolis neighborhood with the walkability, transit access, and community stability that keeps multifamily assets consistently occupied.Located in the Corcoran neighborhood on Minneapolis's south side, 3545 21st Ave S is an 11-unit multifamily asset offered at $1,275,000. The property sits in a stable, primarily residential submarket with strong transit connectivity and consistent tenant demand across multiple renter profiles. The Lake Street/Midtown Station light rail is less than a mile away, five parks are within 1.6 miles including Powderhorn Park, and three shopping centers are within 1.5 miles, giving tenants the walkability and access that drives retention. Abbott Northwestern Hospital is within a few miles, and Augsburg College, and North Central University all contribute to steady renter demand throughout the year. Corcoran is a well-established south Minneapolis neighborhood with the community stability and location fundamentals that keep occupancy strong through market cycles. Stable in-place cash flow and a proven submarket make this a solid addition to any south Minneapolis multifamily portfolio.
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Contacts
Forrest Kalk
Commercial Investors Group
Location
Located at 3545 12th Ave S, Minneapolis, MN 55407, this property is part of the Powderhorn Park neighborhood and Minneapolis St Paul market.
Contact Listing Broker
Forrest Kalk
Commercial Investors Group