4613 28th Avenue S Minneapolis, MN $ 500,000
4613 28th Avenue S
$ 500,000
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4613 28th Avenue S

Minneapolis, MN, 55406
$ 500,000
Bedrooms4 Baths2.0 Sq 2,359

Monthly Estimate*

$ 3,453

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Multi-Family Home for sale in Minneapolis, MN

for $500,000 with 4 bedrooms and 2 full baths. This 2,359 square foot home was built in 1926 on a lot size of 0.14.

Beautiful up and down duplex with character and space to relax while enjoying Lake Hiawatha across the street and Minnehaha Creek to the south. Take an easy walk to the creek down the alley or across the street, and reach Lake Hiawatha and all the park amenities. Each unit offers two bedrooms and its own fireplace, with solid mechanicals throughout and a roof replaced in 2019. The upper unit kitchen has been emptied of cabinets and appliances, a true blank slate for your design or rental strategy, while the lower unit kitchen is intact and functional. The extra tall basement allows for future expansion potential and more finished square footage. The oversized lot is great for all your landscape dreams. With rehab to bring the property up to rental licensing standards, this is a rare value-add duplex opportunity in the Ericsson neighborhood of South Minneapolis. Buyer gets to build equity!

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Multi-Family Active

Price

$ 500,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 11,303

Style

Duplex Up and Down

Lot Size

0.14

Year Built

1926

Town/City

Minneapolis

County/Region

Hennepin

MLS | Web ID

7169778

Features
General
Living Area 2359
Sewer City Sewer/Connected
Heating Boiler
Garage Spaces 3
Year Built 1926
Levels Two
Property Subtype Duplex Up and Down
Tax Year 2026
Gross Income 0
Waterfront Features Lake View
Accessibility None
County Hennepin
Operating Expense 0
Insurance Expense 0
New Construction N
Property Type Residential Income
Contingency None
MaintenanceExpense 0
Subdivision Name Fort Ave Add
Directions Highway 62 to 28th Avenue S Go north. Home is on the right just after the creek.
City Minneapolis
High School District Minneapolis
Zoning Description Residential-Multi-Family
Number Of Units Total 2
Lot Size Units Acres
Carport Spaces 1
Land Lease Y/N N
Tax Annual Amount 11303
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
Basement (Y/N) Y
Above Grade Finished Area 2359
Total Bedrooms 4
Below Grade Finished Area 0
Total Baths 3
Foundation Dimensions 45 x 25
Fuel Natural Gas
Garage Dimensions 19 x 22
Garage Square Feet 418
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Exterior
Parking Features Detached Garage
Water Source City Water/Connected
Lot Size Area 0.14
Building Area Total 3500
Lot Dimensions 48 x 126
Waterfront Y/N N
Foundation Area 1196
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Internal Only
Street Number 1 4613
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* Excluded Features
List By
Compass

Broker

heath.bredeson@compass.com

Email

Affordability Calculator

$4,395
Per Month
79%
21%
0%
Monthly Principal & Interest
$3,453
Monthly Property Taxes
$942
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
11/5/2026$500,000 Listed Price

Map


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4613 28th Avenue S, Minneapolis, MN, 55406 is a Multi-Family Home for sale at $500,000 with 2,359 sqft and a lot size of 0.14. 4613 28th Avenue S has 4 bedrooms, 2.0 baths, and was built in 1926. The property's zip code is 55406 which is in Minneapolis, MN