3809 28th Avenue S Minneapolis, MN $ 614,990
3809 28th Avenue S
$ 614,990
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3809 28th Avenue S

Minneapolis, MN, 55406
$ 614,990
Bedrooms4 Baths4.0 Sq 3,000

Monthly Estimate*

$ 4,248

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Multi-Family Home for sale in Minneapolis, MN

for $614,990 with 4 bedrooms and 4 full baths. This 3,000 square foot home was built in 1925 on a lot size of 0.11.

Classic Minneapolis stucco fourplex with four one bedroom, one bath apartments available for a new owner! The front has traditional brown shutters, vintage 1920’s styling and a red entry awning. Inside, strip oak hardwood floors, arched plaster openings, cast iron radiators heated by gas boilers and Art-Deco windows run through the apartments, with dark stained woodwork in many living and dining rooms. Bathrooms have white tile, glass block windows and pedestal sinks. Unit 1 is vacant and has ceiling fans, a white steel kitchen with vintage built-in drainboard sink as well as recently refinished floors. Behind the building are a fenced back yard and a three-stall garage, with spaces renting separately, plus one additional assigned parking space. All garage spaces and additional parking is currently leased. Each unit has a private basement storage room, and the building has coin laundry. Tenants pay their own gas and electric. The owner pays water, sewer and trash. Four more storage rooms and a pet fee are not in current income. Units 2 to 4 are leased into 2027. This would also make an excellent property to “house hack” with owner living in the vacant unit and having the other Units pay a considerable portion of the payment every month! This property is just a short walk from the 38th Street LRT station for easy commuting. Lake Hiawatha with its walking paths and the golf course are nearby, along with Northbound Smokehouse & Brew Pub, Key West Coffee and Aluvava gluten-free bakery! Don’t miss the opportunity to own a great investment property in the very desirable Minneapolis Standish neighborhood!

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Multi-Family Active

Price

$ 614,990

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 9,490

Style

Fourplex

Lot Size

0.11

Year Built

1925

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

7151695

Features
General
Living Area 3000
Sewer City Sewer/Connected
Heating Hot Water
Roof Age 8 Years or Less
Garage Spaces 3
Year Built 1925
Tenant Pays Cable TV Electricity Gas
Levels Two
Property Subtype Fourplex
Tax Year 2026
Gross Income 49775
Accessibility None
County Hennepin
Net Operating Income 29108
Operating Expense 20667
Insurance Expense 5740
New Construction N
Property Type Residential Income
Association Amenities Laundry Coin-op Laundry Owned
Contingency None
MaintenanceExpense 0
Subdivision Name Subd Altruria-Lots 1 To 5 & 12
Directions HIAWATHA TO 38TH WEST ON 38TH TO 28TH SOUTH ON 28TH BUILDING ON EAST SIDE
City Minneapolis
High School District Minneapolis
Zoning Description Residential-Multi-Family
Number Of Units Total 4
Lot Size Units Acres
Land Lease Y/N N
Tax Annual Amount 9490.18
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
Lender Owned No
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Interior
Basement Full Shared Access Storage Space Unfinished
Basement (Y/N) Y
Above Grade Finished Area 3000
Laundry Features In Basement Common Area
Total Bedrooms 4
Below Grade Finished Area 0
Total Baths 4
Fuel Natural Gas
Garage Square Feet 600
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Exterior
Parking Features Assigned Detached Garage Asphalt
Lot Features Public Transit (w/in 6 blks)
Water Source City Water/Connected
Lot Size Area 0.11
Building Area Total 4500
Lot Dimensions 40x125
Waterfront Y/N N
Foundation Area 1500
Road Frontage Type City Street
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Internal Only
Street Number 1 3809
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* Excluded Features
List By
Re/Max Results

Broker

taylor@ts-re.com

Email

Affordability Calculator

$5,038
Per Month
84%
16%
0%
Monthly Principal & Interest
$4,248
Monthly Property Taxes
$791
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
708364 Elementary School
708967 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/2/2026$614,990 Listed Price

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3809 28th Avenue S, Minneapolis, MN, 55406 is a Multi-Family Home for sale at $614,990 with 3,000 sqft and a lot size of 0.11. 3809 28th Avenue S has 4 bedrooms, 4.0 baths, and was built in 1925. The property's zip code is 55406 which is in Minneapolis, MN