Curious about this home?
Ask anything — no agents, no pressure
Try asking
About This Home
This 10-bedroom, 0-bathroom commercial at 2818 E 31st Street in Minneapolis, MN is listed for $699,000. Built in 1960, on a 0.10 acres lot.
Prime 6 unit building in the growing Longfellow neighborhood! All the heavy lifting done with recent updates and 100% occupancy! Combination of long term tenants and recent move-ins, with a total gross scheduled rent of $7,400 per month with room to grow! Step into cashflow day one, with great upside with lease renewals next year.
Too many updates to list, see the supplements for a full list of improvements. New high efficiency boiler/hot water heater combi unit along with many new energy efficient appliances account for the extremely low operating cost as seen in the financials. Run your own numbers, but current rents and actual expenses have the building at over an 8 cap, with aggressive rents pushing it higher. Schedule your showing today, and add this cash flowing asset to your portfolio!
Key Features
- Built in 1960
- 0.10 acre lot
Property Details
Monthly Cost Estimate
$3,738/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2818 E 31st Street
Minneapolis, MN 55406
Libbys Add
Features & Amenities
Exterior Features
Property Details
Flooring
Parking
Heating
Cooling
Appliances
Questions & Answers
This 10-bedroom, 0-bathroom commercial at 2818 E 31st Street is listed at $699,000. The estimated monthly payment is $3,029 based on 20% down at 6.5% interest.
Key features include: Built in 1960, 0.10 acre lot. Exterior Features: Brick/Stone, Stucco.
This property is listed by Michael Moe and can be reached at 2183105947 or mikemoe@kw.com.












































