3021 Longfellow AvenueMinneapolis, MN 55407
$1.225 million
5,040 finished sq ft · 0.29 acre lot
About this home
12-unit all 1BR/1BA multifamily in Minneapolis's Corcoran neighborhood offered at $1,225,000 ($102,083/door). This two-story brick and stucco building sits on a large lot in one of south Minneapolis's most consistently occupied submarkets. The property has been steadily upgraded with newer electric panels, a new front concrete stoop, and many units remodeled. Part of the Minneapolis 4D program providing low taxes and energy saving appliance upgrades. Augsburg College, North Central University, and Abbott Northwestern Hospital are all within minutes, providing a steady and diverse renter demand base. Potential NOI of $97,662 with clear value-add upside remaining on turns. Available individually or as part of a 7-property, 89-unit South Minneapolis portfolio offered at $9,750,000. Please review the OM for more information.
Home facts
- Home type
- Single-family home
- Style
- Other
- Year built
- 1962
- Finished sq ft
- 5,040
- Lot
- 0.29 acres
- Heating
- Electric, Natural Gas
- Property taxes
- $7,578 a year
- Listed
- June 8, 2026
- MLS number
- 7088925
Listing courtesy of Commercial Investors Group LLC (Mike Sowers). MLS #7088925.
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How it compares
3021 Longfellow Avenue, Minneapolis, MN 55407 is a single-family home built in 1962 in Corcoran, listed for $1.225 million on June 8, 2026 by Commercial Investors Group LLC. That is in the upper quarter of the 672 single-family homes for sale in Minneapolis right now (median $350,000; $243 per square foot here against $207 for the group). That works out to $243 per finished square foot.
Source: Huerkamp Home Group, from the active listings in our communities on November 3, 2026 at 10:01 PM (Central). This is not an appraisal, competitive or comparative market analysis, CMA or home valuation.
The location
- Minneapolis community guideSchools, commutes, parks, home values and local stories.
- Corcoran, MinneapolisThe neighborhood guide: homes, history, parks and market numbers.
- Minneapolis housing market, September 2026Homes sold for a median $353,500 over 12 months (+2.5%), 54 days on market. Source: Minneapolis Area REALTORS®.
What would the monthly payment be?
— estimated per month
- Principal and interest
- —
- Property taxes
- —
Estimate only, not a loan offer: a 30-year fixed loan at the Freddie Mac weekly average (7.24% on October 29, 2026), the property taxes in the listing. Homeowners insurance and any mortgage insurance aren't included. Your rate depends on your credit and loan.
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