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2840 28th Avenue S, Minneapolis, MN 55406

$395,000
  • 2840 28th Avenue S, Minneapolis, MN 55406 Main Photo

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Active Price Reduced by $5,000 on April 27th, 2026
BEDS0 BATHS SQUARE FEET1,920 MLS#7033772
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONSouth Side Add SCHOOLMinneapolis

Property Description

Well-maintained duplex in a prime South Minneapolis location with strong rental income and major updates already completed. The main floor unit offers 2 bedrooms, 1 bathroom, living room, dining room, kitchen, and walkout access to a deck/patio. The upper unit features 1 bedroom, 1 bathroom, living room, dining room, and kitchen. The shared basement includes laundry, storage, and utilities, and the property also offers a shared 2-car garage and large fenced backyard. Numerous recent improvements provide peace of mind, including new roof (2024), new chimney (2024), two new boilers (2022), updated electrical (2022), two new water heaters with exhaust system (2022), new garage door (2026), shared laundry with 1 washer (new 2022) and 2 dryers (one new 2022), and new backyard fence (2022). Both units are currently tenant occupied, offering immediate income: $1,495/month for the main unit (lease through October 2026) and $1,200/month for the upper unit (lease through March 2027). Conveniently located near the METRO Blue Line, the Midtown Greenway, neighborhood parks, shopping, restaurants, and schools including Universal Academy Charter School and Hiawatha Collegiate High School. Great opportunity for investors or owner-occupants looking for a well-located duplex in Minneapolis.

2840 28th Avenue S | MLS# 7033772

This multi-family property located at 2840 28th Avenue S, Minneapolis, MN 55406 is currently listed for sale with an asking price of $395,000. 28th Avenue S is located within the Minneapolis school district. Search Minneapolis real estate on www.homesbyjoel.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Block, Daylight/Lookout Windows, Owner Access, Concrete, Shared Access, Storage Space
Garage: 2
Heating: Boiler
Lot Size: 0.17 Acres
Roof Type: Age 8 Years or Less, Asphalt
Taxes: $5,194
Year Built: 1906

Feature Descriptions

Days on Site: 27
Foundation Size: 860
Lot Dimensions: 157x48
Owners Expense: Repairs, Trash Collection, Water
Parcel#: 3602924440179
Parking: Detached Garage, Shared Driveway, Shared Garage/Stall
Sewer: City Sewer/Connected
Tenant Expenses: Electricity, Heat, Lawn Care, Snow Removal
Units: 2
Water: City Water/Connected

Local Schools

School District: Minneapolis

Listed By / Shown By

Listed By

Agency Name: Edina Realty, Inc.
Agency Phone: 651-483-8500

Shown By

Agency Title: Joel Hentges - Re/Max Advantage Plus
Agency Phone: 952-475-9541

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Estimated Payment

$ 1,427.14 per month $879.10 Principal & Interest $432.83 Property Tax $115.21 Homeowner's Insurance

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