
3021 Longfellow Ave S
3021 Longfellow Ave S, Minneapolis, MN 55407
Marketing description
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.
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.
Investment highlights
- 12x, 1 bed / 1 bath units averaging 575 SF with market rent of $1100
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