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3606 E 34th St
Minneapolis, MN 55406 Longfellow

$750,000 USD

Apartments For Sale  •  4,558 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,500 SF
  • Lot Size 0.12 AC
  • Building Class C
  • Year Built 1963
  • Cap Rate 8.64 %
  • Zoning OR1
60 Transit Score
70 Walk Score

Highlights

Newer High Efficiency Hot Water Boiler
Newer Water Heater
Coin-Operated Washer and Dryers Owned
All Kitchens and Bathrooms Renovated
Fully 100% Occupied and Turn-Key
In-Place 8.63 Cap Rate with Current Rents

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $64,792 USD (2026)
Cap Rate: 8.64 %
Total Expenses: $29,708 USD

Amenities

  • Air Conditioning
  • Controlled Access
  • Laundry Facilities
  • Heating
  • Gas Range
  • Smoke Free
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
  • Storage Space
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Target Field Station (Northstar Corridor - Northstar Commuter Rail) 13 min - 4.6 mi
17 min - 8.2 mi
Transit/SubwayDriveWalkDistance
38th Street Station (Hiawatha Line - Minneapolis-Saint Paul Metro Transit Light Rail) 4 min 19 min 1.0 mi
AirportDriveWalkDistance
Minneapolis-St Paul International/Wold-Chamberlain 16 min - 7.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 6
Type: Surface
Included in Rent: Yes
Nathan Opatz Apartment Cash Flow, Inc
Nathan Opatz Apartment Cash Flow, Inc