11-Unit Residential Apartment
For Sale
$1,125,000
3010 20th Ave S, Minneapolis, MN 55418
11 one-bedroom, one-bath units in an all-residential multifamily building near Lake Street/Midtown light rail.
Property SizeContact for details
Days on Market78
Property Features for 3010 20th Ave S
General Information
Standard status
Active
Additional Details
Multifamily Units
11
Taxes and HOA fees
Annual Taxes
$3,294
Listing Agency:
Commercial Investors Group LLC
(612) 598-0780
Listed By:
Mike Sowers
(612) 598-0780
Source:
Exprealty
Added: Jun 8
Changed: Aug 24
Last Checked: Aug 18 at 6:57AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Commercial Investors Group LLC
Investment Insights
Based on property information with market context.
3010 20th Avenue South is an 11-unit multifamily apartment building in Minneapolis’ Corcoran neighborhood. The property offers a uniform unit mix of 1BR/1BA layouts, which can simplify day-to-day operations and resident turnover management.
The building is located about 0.3 miles from the Lake Street/Midtown Station light rail, providing direct connections to Downtown Minneapolis and MSP Airport without a car. Several parks are within 1.1 miles, including Powderhorn Park, and multiple shopping destinations are within walking distance, including Midtown Global Market.
With a consistent residential configuration and an emphasis on updates during unit turns, the property is positioned for straightforward maintenance and leasing operations in a transit-connected, south Minneapolis submarket.
The building is located about 0.3 miles from the Lake Street/Midtown Station light rail, providing direct connections to Downtown Minneapolis and MSP Airport without a car. Several parks are within 1.1 miles, including Powderhorn Park, and multiple shopping destinations are within walking distance, including Midtown Global Market.
With a consistent residential configuration and an emphasis on updates during unit turns, the property is positioned for straightforward maintenance and leasing operations in a transit-connected, south Minneapolis submarket.
Key Highlights
- 11‑unit multifamily property with a uniform unit mix of 1BR/1BA units
- Built in 1960, all‑residential multifamily building
- Located 0.3 miles from the Lake Street/Midtown Station light rail for access to Downtown Minneapolis and MSP Airport without a car
Property Analytics
Property Profile
Current Use
Lease Details
11
Residential units
Location Intelligence
Trade Area within ½ mile
1,610
Businesses Nearby
Explore this area
Business Placement
Demographics for 55418, MN
31,887
Population
14,859
Households
2.1
Avg Household Size
37
Median Age
51%
College-Educated
93%
High-School Grad
7.0 sq mi
ZIP Area
4,555
Density / Sq Mi
$95,630
Median Household Income
$56,491
Median Earnings
$1,349
Median Rent
$332,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 11 one-bedroom, one-bath units in an all-residential multifamily building near Lake Street/Midtown light rail.
Where is this apartment building located?
The property is located at 3010 20th Ave S Minneapolis, MN.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: 11‑unit multifamily property with a uniform unit mix of 1BR/1BA units; Built in 1960, all‑residential multifamily building; Located 0.3 miles from the Lake Street/Midtown Station light rail for access to Downtown Minneapolis and MSP Airport without a car
