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2840 28th Ave S, Minneapolis, MN, 55406

3beds
2baths
1,920sqft
$395,000
$206price/sqft
$2,829/moest. monthly cost
$113,160/yrincome needed

About This Home

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.

Getting Around

85
WalkingVery Walkable
57
TransitGood Transit
100
BikeBiker's Paradise

Schools

1/10
Anishinabe AcademyGrades PK-50.3 mi
--
Andersen CommunityGrades PK-81.3 mi
6/10
South Senior High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1906

Materials

  • Roof: Age 8 Years or Less,Asphalt

Type & Style

  • Home type: MultiFamily
  • Property subType: Duplex Up and Down

Interior

Appliances

  • Laundry features: In Basement

Basement

  • Has basement: Yes
  • Basement: Block,Daylight,Owner Access,Concrete,Shared Access,Storage Space

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,920

Heating

  • Heating features: Boiler

Interior Area

  • Total structure area: 1,920
  • Total interior livable area: 1,920 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 3602924440179
  • Zoning description: Residential-Multi-Family
  • Foundation area: 860

Features

  • Levels: Two

Lot

  • Lot size: 7,405 sqft
  • Lot size dimensions: 157 x 48

Parking

  • Total spaces: 2
  • Parking features: Detached Garage,Shared Driveway,Shared Garage/Stall
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • Has uncovered spaces: Yes