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Keller Williams Classic Rlty NW is the brokerage office representing the seller for this listing.
Copyright 2019, Regional Multiple Listing Service of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service of Minnesota, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers. Heartland Real Estate is not a multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Heartland Real Estate, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.
Copyright 2019, Regional Multiple Listing Service of Minnesota, Inc. all rights reserved. Information is deemed reliable but is not guaranteed.
The data relating to real estate for sale on this site comes in part from the broker reciprocity program of the Regional multiple Listing Service of Minnesota, Inc. real estate listings held by brokerage firms other than are marked with the Broker Reciprocity logo or the Broker reciprocity house icon and detailed information about them includes the names(s) of the listing brokers. Heartland Real Estate is not a multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of Heartland Real Estate, a broker Participant of the Regional Multiple Listing Service of Minnesota, Inc.
Nearby Listings in 10 Miles
{"Id":1423138,"ORGTABLE":"RAW_Property","MLSCLASS":"COM","MLSNUMBER":"NST6770334","MLSAGENTID":"NST502051144","MLSOFFICEID":"NST7231","ADDRESS":"2818 E 31st Street","ACRES":0.1,"AGENTOWNER":false,"AUCTIONYN":false,"CITY":"Minneapolis","CONTINGENCY":"None","COUNTY":"Hennepin","CURRENTUSE":"Residential","DISTRIBUTEADDRESSTOINTERNET":true,"DISTRIBUTETOINTERNET":true,"EXTERIOR":"Brick/Stone,Stucco","FORECLOSURE":"No","LASTPRICE":699000.0,"LASTPRICEDATE":"2025-10-20T14:08:03.633","LATITUDE":44.946992,"LENDEROWNED":"No","LISTDATE":"2025-08-14T05:00:00","LISTPRICE":699000.0,"LIVINGAREA":5050.0,"LONGITUDE":-93.230647,"MODIFICATIONTIMESTAMP":"2025-10-21T02:02:04.2","NEIGHBORHOOD":"Longfellow","OFFICE_OFFICENAME":"Keller Williams Classic Rlty NW","PHOTOCOUNT":43,"POSTALCODE":"55406","POTENTIALSHORTSALE":"No","PUBLICREMARKS":"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 $7,245 per month with room to grow! Step into cashflow day one, with great upside with lease renewals next year.\n\nToo 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 a 8.35 cap, with aggressive rents pushing it higher. Schedule your showing today, and scoop this cash flowing asset up before it's gone!","ROADBETWEENWATERFRONTANDHOMEYN":false,"ROOF":"Asphalt","SALEINCLUDES":"Building","SCHOOLDISTRICTNUMBER":"1-Minneapolis","SCHOOLDISTRICTPHONE":"612-668-0000","SEWER":"City Sewer/Connected","STATEORPROVINCE":"MN","STATUS":"Active","STATUSDATE":"2025-10-20T14:08:03.633","LASTSTATUS":"Active","STREETDIRPREFIX":"E","STREETNAME":"31st","STREETNUMBER":"2818","STREETSUFFIX":"Street","STYLE":"Apartment","TRANSACTIONTYPE":"For Sale","WATER":"City Water/Connected","WATERFRONTPRESENT":false,"YEARBUILT":1960,"ZONING":"Residential-Multi-Family","HASOPENHOUSE":false,"PHOTOTIMESTAMP":"2025-10-21T02:02:04.2","PHOTOREMARKS":"[{\"Order\":1,\"Remarks\":\"2818_East_31st_Street_Units_5_and_61.jpg\"},{\"Order\":3,\"Remarks\":\"Unit 1\"},{\"Order\":4,\"Remarks\":\"Unit 1\"},{\"Order\":5,\"Remarks\":\"Unit 1\"},{\"Order\":6,\"Remarks\":\"Unit 1\"},{\"Order\":7,\"Remarks\":\"Unit 1\"},{\"Order\":8,\"Remarks\":\"Unit 1\"},{\"Order\":9,\"Remarks\":\"Unit 1\"},{\"Order\":10,\"Remarks\":\"Unit 1\"},{\"Order\":11,\"Remarks\":\"Unit 1\"},{\"Order\":12,\"Remarks\":\"Unit 2\"},{\"Order\":13,\"Remarks\":\"Unit 2\"},{\"Order\":14,\"Remarks\":\"Unit 2\"},{\"Order\":16,\"Remarks\":\"Unit 2\"},{\"Order\":17,\"Remarks\":\"Unit 2\"},{\"Order\":18,\"Remarks\":\"Unit 2\"},{\"Order\":19,\"Remarks\":\"Unit 5\"},{\"Order\":20,\"Remarks\":\"Unit 5\"},{\"Order\":21,\"Remarks\":\"Unit 5\"},{\"Order\":22,\"Remarks\":\"Unit 5\"},{\"Order\":23,\"Remarks\":\"Unit 5\"},{\"Order\":24,\"Remarks\":\"Unit 5\"},{\"Order\":25,\"Remarks\":\"Unit 5\"},{\"Order\":27,\"Remarks\":\"Unit 5\"},{\"Order\":28,\"Remarks\":\"Unit 5\"},{\"Order\":29,\"Remarks\":\"Unit 5\"},{\"Order\":30,\"Remarks\":\"Unit 6\"},{\"Order\":31,\"Remarks\":\"Unit 6\"},{\"Order\":32,\"Remarks\":\"Unit 6\"},{\"Order\":33,\"Remarks\":\"Unit 6\"},{\"Order\":34,\"Remarks\":\"Unit 6\"},{\"Order\":36,\"Remarks\":\"Unit 6\"},{\"Order\":37,\"Remarks\":\"Unit 6\"},{\"Order\":40,\"Remarks\":\"Unit 6\"},{\"Order\":41,\"Remarks\":\"Unit 6\"}]","PHOTOORDER":"1,2,3,4,5,6,7,8,9,10,11,12,13,14,15,16,17,18,19,20,21,22,23,24,25,26,27,28,29,30,31,32,33,34,35,36,37,38,39,40,41,42,43","SOURCE":"MG_NST"}
{"ListingKey":"NST7786363","LotSizeArea":"0.1","NST_AgeOfProperty":"65","NST_AgentOwner":"No","InternetAutomatedValuationDisplayYN":"True","InternetConsumerCommentYN":"False","AssociationAmenities":"Coin-op Laundry Leased","Appliances":"Range,Refrigerator","NST_AssessmentPending":"No","NST_AttributionContact":"218-310-5947","NST_AttributionName":"Michael Moe","BasementYN":"True","PropertySubType":"Apartment","City":"Minneapolis","PropertyType":"Commercial Sale","Contingency":"None","Cooling":"Wall Unit(s)","CountyOrParish":"Hennepin","CurrentUse":"Residential","DaysOnMarket":"41","CumulativeDaysOnMarket":"41","Directions":"Minnehaha to E 31st","InternetAddressDisplayYN":"True","InternetEntireListingDisplayYN":"True","ManagerExpense":"0","ElectricExpense":"522.48","FuelExpense":"4438.92","InsuranceExpense":"5721.22","MaintenanceExpense":"3577.8","OtherExpense":"0","OperatingExpense":"13283.28","TrashExpense":"1349.04","WaterSewerExpense":"1507.32","NST_Expenses":"13283.2800","ConstructionMaterials":"Brick/Stone,Stucco","NST_ForeclosureStatus":"No","NST_FoundationDimensions":"1960","FoundationArea":"1960","NST_FractionalOwnershipYN":"No","NST_Fuel":"Natural Gas","ParkingFeatures":"Parking Lot","GrossIncome":"86940","AccessibilityFeatures":"None","Heating":"Baseboard,Boiler","OriginalEntryTimestamp":"2025-08-22T05:00:05Z","LandLeaseYN":"False","NST_LastUpdateDate":"2025-10-20","Latitude":"44.946992","NST_LenderOwned":"No","ListAgentKey":"NST229369","ListAgentMlsId":"NST502051144","ListingContractDate":"2025-08-14T05:00:00Z","ListOfficeKey":"NST10511","ListOfficeName":"Keller Williams Classic Rlty NW","ListOfficeMlsId":"NST7231","ListPrice":"699000","Longitude":"-93.230647","LotSizeDimensions":"60X70","LotSizeUnits":"Acres","ListingId":"NST6770334","SourceSystemName":"RMLS","MapCoordinateSource":"King's Street Atlas","AdditionalParcelsYN":"False","NST_NeighborhoodNumber":"Longfellow","NetOperatingIncome":"73657","NST_OfficeBoard":"MAAR","NST_OwnerOccupied":"No","OwnerPays":"Gas,Insurance,Grounds Care,Snow Removal,Trash Collection","ParcelNumber":"0102824110053","GarageSpaces":"0","NST_ParkingOpen":"6","PhotosCount":"43","PostalCity":"Minneapolis","PostalCode":"55406","NST_PotentialShortSale":"No","PublicRemarks":"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 $7,245 per month with room to grow! Step into cashflow day one, with great upside with lease renewals next year.\n\nToo 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 a 8.35 cap, with aggressive rents pushing it higher. Schedule your showing today, and scoop this cash flowing asset up before it's gone!","PublicSurveyRange":"24","PublicSurveySection":"01","PublicSurveyTownship":"28","NST_RangeNum":"Six or More","NST_RefrigeratorNum":"Six or More","NST_RentalLicenseYN":"No","Roof":"Asphalt","Inclusions":"Building","HighSchoolDistrict":"Minneapolis","NST_SchoolDistrictNumber":"1","NST_SchoolDistrictPhone":"612-668-0000","Sewer":"City Sewer/Connected","BuildingAreaTotal":"5050","StateOrProvince":"MN","StandardStatus":"Active","StreetDirPrefix":"E","StreetName":"31st","StreetNumber":"2818","StreetNumberNumeric":"2818","StreetSuffix":"Street","SubdivisionName":"Libbys Add","NST_TaxWithAssessments":"11051.6000","TaxYear":"2025","TaxAnnualAmount":"11052","TenantPays":"Electricity","NumberOfUnitsTotal":"6","Utilities":"Electric Separate,Heating Common,Hot Water Common","WaterSource":"City 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Box 152 Pine River, MN 56474
Doug Zaske, Owner/Broker
Office: 218.587.4424
Cell: 218.820.8688